REX AIRLINES Trading Halt
Joined: Apr 2005
Posts: 728
Likes: 28
From: Perth WA
Been like that for years in Scotland for the Highlands and Islands, non profit making routes.
Additionally tenders are invited for maintaining ground services at the airports as well as the air services.
Seems to work well.
Additionally tenders are invited for maintaining ground services at the airports as well as the air services.
Seems to work well.
Joined: Apr 2005
Posts: 728
Likes: 28
From: Perth WA
Sure, it is possible that a white night Middle East carrier decides to swoop in and save the company to get a foothold in the Australian market.
Why though?
We have 26 million people on a huge island, the big two carriers have the market sewn up nicely and make money in fits and starts. Why would you want to buy in to that?
Why though?
We have 26 million people on a huge island, the big two carriers have the market sewn up nicely and make money in fits and starts. Why would you want to buy in to that?
Perhaps, say Qatar, would view this as an opportunity. Win brownie points....while achieving a possible desired hold of VA (assuming Rex Regional would be allowed to come under the VA banner). Perhaps they just would like to ruffle the feathers of QF and even their own regional operations never mind further afield. Additionally it could be seen as a solution to the government's problem of maintaining the needed regional services. If there is a will....often...there is a way
Perhaps not impossible.
Last edited by nivsy; 1st August 2024 at 13:34. Reason: Sp
Joined: Jul 2024
Posts: 198
Likes: 206
From: Mosman
Why do many industries buy into others ...similar or otherwise?
Perhaps, say Qatar, would view this as an opportunity. Win brownie points....while achieving a possible desired hold of VA (assuming Rex Regional would be allowed to come under the VA banner). Perhaps they just would like to ruffle the feathers of QF and even their own regional operations never mind further afield. Additionally it could be seen as a solution to the government's problem of maintaining the needed regional services. If there is a will....often...there is a way
Perhaps not impossible.
Perhaps, say Qatar, would view this as an opportunity. Win brownie points....while achieving a possible desired hold of VA (assuming Rex Regional would be allowed to come under the VA banner). Perhaps they just would like to ruffle the feathers of QF and even their own regional operations never mind further afield. Additionally it could be seen as a solution to the government's problem of maintaining the needed regional services. If there is a will....often...there is a way
Perhaps not impossible.
government needs to level the playing field if this is the approach. QANTAS can no longer compete internationally
Joined: Feb 2002
Posts: 4,399
Likes: 135
From: NSW
Rex entered an established arena and attacked QF and VA and lost…
Joined: Jul 2009
Posts: 569
Likes: 383
From: Australia
Joined: Jul 2009
Posts: 569
Likes: 383
From: Australia
‘Surely CEO can’t be paid out, can someone confirm? How could he in good conscience take that money while others get nothing.’
Question has already been answered. Yes he can and the fact the company did answers the second part of you question. I get the feeling however First Officer Karma is knocking on a few doors now and we haven’t heard the last of how the executives behaved and who may have given them direction as Rome burned.
Question has already been answered. Yes he can and the fact the company did answers the second part of you question. I get the feeling however First Officer Karma is knocking on a few doors now and we haven’t heard the last of how the executives behaved and who may have given them direction as Rome burned.
Thread Starter
Joined: Dec 2001
Posts: 615
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From: Melbourne
Joined: Jun 2008
Posts: 1,259
Likes: 1,169
From: Kichin
This article says it all really, especially the last few paragraphs.
https://www.facebook.com/share/p/F5M...ibextid=WC7FNe
https://www.facebook.com/share/p/F5M...ibextid=WC7FNe
Joined: Sep 2007
Posts: 152
Likes: 44
From: australia
Don't private health insurance companies compete against Medicare every day? Also railway networks in Europe where you have private operators competing against state owned companies.
Joined: May 2010
Posts: 446
Likes: 78
From: australia
Example: when Optus first brought telecommunications competition to Australia and had to compete with government owned Telstra (then called Telecom Australia). Optus offered cheaper pricing in the cities etc, but Telecom had to still provide services in areas where Optus couldn't make a go of it.
Joined: Jun 2008
Posts: 1,259
Likes: 1,169
From: Kichin
I don't think its impossible. If anything, private enterprise will generally offer more competitive pricing as they are more efficient at doing things and the government enterprise will continue on the 'loss making' routes as they are obligated to serve such routes.
Example: when Optus first brought telecommunications competition to Australia and had to compete with government owned Telstra (then called Telecom Australia). Optus offered cheaper pricing in the cities etc, but Telecom had to still provide services in areas where Optus couldn't make a go of it.
Example: when Optus first brought telecommunications competition to Australia and had to compete with government owned Telstra (then called Telecom Australia). Optus offered cheaper pricing in the cities etc, but Telecom had to still provide services in areas where Optus couldn't make a go of it.
Joined: May 2016
Aviation Qualifications: PPL
Posts: 1,537
Likes: 695
From: Sunshine Coast
And the appointment of EY as administrators is starting to stink. If they were engaged and providing advice as far back as May (something that, in of itself, should have triggered a S.674 continuous disclosure obligation), and had anything to do with the CEO's platinum parachute, their appointment as administrator is untenable. You can only wonder whether Michael Kaine might look at pulling a Combet and have EY replaced.
