They're also asking people to work for free!

Ladloy don't you realise how much you owe The Chairman for his investment in you?!?

can only comment on SA but on about all routes they fly there is alternatives. Usually bus. So stuff them. They are not an essential service so why should the taxpayer subsidize them?

If the four square metres per person applies to a bus then I doubt 8 or 10 passengers on one would make it worthwhile for an operator.

And how many pax , each of '4 sq m area' would fit into a SAAB..??

No Cheers Here.....

Yeah Tossa, lets stuff the pilots, engineers,baggies and office wallers, stuff em all hey Tossa?

I see in 'Aviation News' that REX is now asking for a subsidy to carry 'Virus Tests'.....otherwise they won't be able to..??

Personally.... How many Virus tests do you rekkon would fit into a Chartered C-210 to carry xx 'Eskys' full of them...???

Good ask I rekkon.

Cheeerrrsss

Rex are just throwing a tantrum. Operations normal. Ask the foreign owners for a bailout before asking for the government. Wankers.

ASX statement this evening:

"It would appear the Federal Government is intending to make certain announcements over the weekend.

In the light of that, Rex will only be making a public announcement of its plans after studying the Federal Government plans over the weekend. In the absence of any announcement by the Federal Government, Rex will issue a media release after Federal Government’s announcement concerning its plans for shutdown.

This announcement is authorised by Lim Kim Hai, Executive Chairman, Regional Express Holdings Limited."

LKH obviously didn't proof read the last sentence of the second para, but I guess it's meant to be a threat.

Why not support the Company with government funds, this helps keep as many people as possible employed, a stated aim of ScoMo. However, no free handouts. Whatever amount is provided must give the government (Taxpayer) a shareholding in the company in proportion to the total paid-up capital of the Company. Once the Wuhan virus crisis is over those government/taxpayer shares can be sold on the market.
This action would do as LKH asks, support the Company but would ensure the people providing the money share in the outcome, not just LKH.

Yes I agree. Any support = shares in the company for the government.

Assist employees first, pay their wages and allow Rex to 'hibernate' as scomo as put it. That's how you put the Aussies in front of the Singaporeans.

"There Ya Go".......
McCormack announcing this morning from 'Wagga, the Home Of Rex' - as he called it, an injection of $198Million into 'Regional Aviation'....for all of the right reasons.
To keep the industry going with all of the ongoing benefits - my words there.

GOOD news for the REX crews and ground staff!!

I have no doubt the interview / announcement will be repeated on all channels. particularly in NSW......

Cheers

Additional new support for critical regional aviation services through COVID-19
 

McCormack Press Release link: https://minister.infrastructure.gov....rough-covid-19

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I have no issue with financial assistance to any organisation during a crisis such as this as long as it is transparent, there are accountabilities and there are valid reasons. The 2008 GFC was a joke as every second company put up its hand for a taxpayer bailout, often they didn’t need it or the issues were cUsed prior to the GFC. If the reasons are genuine then the companies should provide a statement of corporate intent that provides details on how they will spend the taxpayer money (in detail) and also provide detail of how there will be no executive bonuses or additional payments to executives or shareholders and executives will also take a 50% reduction in remuneration for a minimum 12 to 24 months. Otherwise all we, the Australian taxpayer are doing is ensuring that executive grubs keep receiving their outrageous payments. They can take a hit to the pocket like the rest of us.

I knew that cunning Rex would get their way, threats work well in our corrupt country!

I for one am glad that Lim Kim has whinged loud enough to get support for the people that work at REX, good going by him

I wonder if him and the other maggots on the board have opted to take a pay cut to support their employees.

You know the answer

Regional Express secures more funding to increase flights to regional airports
 

"Sharpie" is all-over this gig........;);):cool:

Ex ABC link here: https://www.abc.net.au/news/2020-04-...rvice/12196374

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