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Search: Posts Made By: MickG0105
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12th May 2021, 22:34
Replies: 1,091
Views: 359,479
Posted By MickG0105

You cannot reasonably trust anything that bloke...

You cannot reasonably trust anything that bloke says. The other 4 737s are on the way likely for one reason - that's how Rex structured the leasing deal back late last year. The leasing would have...
10th May 2021, 03:43
Replies: 1,091
Views: 359,479
Posted By MickG0105

They're certainly being highly selective. Take...

They're certainly being highly selective. Take the statement that they have improved their cash position by 1000 percent since March 2020 for example. The first thing to note is that 1000 percent...
10th May 2021, 02:05
Replies: 1,091
Views: 359,479
Posted By MickG0105

I don't know who put that ASX announcement...

I don't know who put that ASX announcement (https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02373080-2A1297328?access_token=83ff96335c2d45a094df02a206a39ff4) together...
9th May 2021, 10:45
Replies: 1,091
Views: 359,479
Posted By MickG0105

Absolutely. Rex is trying to play catch-up...

Absolutely. Rex is trying to play catch-up against two bigger gorillas with deep pockets. It's going to end in tears.

Of most concern for anyone associated with Rex is that they appear to be...
8th May 2021, 11:17
Replies: 1,091
Views: 359,479
Posted By MickG0105

I doubt very much that that '10 times its normal...

I doubt very much that that '10 times its normal daily ticket revenues' could be true.

Pre-pandemic, pre-jet fleet Rex's daily passenger revenue averaged around $763,000. The notion that they took...
8th May 2021, 08:11
Replies: 1,091
Views: 359,479
Posted By MickG0105

Muchas gracias.

Muchas gracias.
8th May 2021, 07:17
Replies: 1,091
Views: 359,479
Posted By MickG0105

Qui est Wendy?

Qui est Wendy?
8th May 2021, 03:05
Replies: 1,091
Views: 359,479
Posted By MickG0105

I was wondering if Max had a view on the recent...

I was wondering if Max had a view on the recent FWC finding that Rex's General Manager Engineering, the Deputy General Manager Engineering and a Human Resources Adviser had engaged in persistent...
8th May 2021, 01:58
Replies: 1,091
Views: 359,479
Posted By MickG0105

Here you go, apologies if it hasn't formatted...

Here you go, apologies if it hasn't formatted correctly.
7th May 2021, 09:23
Replies: 1,091
Views: 359,479
Posted By MickG0105

The usual. https://youtu.be/9PPv2R1laCo

The usual. https://youtu.be/9PPv2R1laCo
7th May 2021, 01:53
Replies: 54
Views: 13,330
Posted By MickG0105

I don't know enough about the physics to weigh in...

I don't know enough about the physics to weigh in authoritatively but there seems to be mounting skepticism about whether proper reliable detection via WSPR is possible. It seems like a stretch from...
6th May 2021, 07:59
Replies: 54
Views: 13,330
Posted By MickG0105

I'm not entirely sold on WSPR but there's quite a...

I'm not entirely sold on WSPR but there's quite a well compiled piece of analysis written by Dr Robert Westphal available here...
5th May 2021, 22:37
Replies: 54
Views: 13,330
Posted By MickG0105

There is a lot of conjecture as to the...

There is a lot of conjecture as to the application of WSPR to this task for a number of reasons. Using WSPR to find detections of MH370 was first proposed by Dr Robert Westphal some months back.
...
4th May 2021, 05:38
Replies: 1,091
Views: 359,479
Posted By MickG0105

No one batted a class action eyelid as VA's board...

No one batted a class action eyelid as VA's board embarked on a decade of trashing shareholder value and VA had something like five times as many ordinary shareholders as Rex.

Never say never but...
4th May 2021, 03:23
Replies: 1,091
Views: 359,479
Posted By MickG0105

True but the good faith and best interest...

True but the good faith and best interest obligations on Directors are notoriously low bars to clear. And bear in mind that Rex's majority shareholding sits in the hands of half a dozen people...
3rd May 2021, 22:22
Replies: 1,091
Views: 359,479
Posted By MickG0105

The legality of pricing strategies under the...

The legality of pricing strategies under the Competition and Consumer Act 2010 largely comes down to a matter of intent. Generally it's not illegal to sell an item 'below cost', particularly if that...
3rd May 2021, 04:53
Replies: 1,091
Views: 359,479
Posted By MickG0105

Baited?! As Green.Dot noted at #997...

Baited?!

As Green.Dot noted at #997 (https://www.pprune.org/australia-new-zealand-pacific/633642-rex-transition-atrs-start-domestic-jet-ops-50.html#post11037396) Virgin had released $39 MEL-SYD...
3rd May 2021, 00:34
Replies: 1,091
Views: 359,479
Posted By MickG0105

You know the saying, if you can keep your head...

You know the saying, if you can keep your head when all about you are losing theirs ... then there's a very good chance that you have no idea what's going on.
2nd May 2021, 12:08
Replies: 1,091
Views: 359,479
Posted By MickG0105

Short of a 2001 Essendonesque comeback Rex won't...

Short of a 2001 Essendonesque comeback Rex won't be flying jets come 28 August.
30th Apr 2021, 22:29
Replies: 1,091
Views: 359,479
Posted By MickG0105

Average fleet age is about the same. Rex's...

Average fleet age is about the same. Rex's oldest Saab and Alliance's oldest F50 are the same age - they both rolled off their respective production lines within two days of each other back in June...
16th Apr 2021, 10:07
Replies: 1,091
Views: 359,479
Posted By MickG0105

Rex have got a few 2 hour or greater holes in...

Rex have got a few 2 hour or greater holes in their schedule at some fairly important times (eg SYD-CBR there's an 8am then a 10am, similar in the evening 5pm and then 7pm). Any public servant...
12th Apr 2021, 11:19
Replies: 64
Views: 15,226
Posted By MickG0105

On the matter of speed for height, just how much...

On the matter of speed for height, just how much speed are you going to trade off? You're going to be looking for green dot aren't you?

According to the NTSB report
​​​​​​

The report also...
11th Apr 2021, 23:38
Replies: 1,091
Views: 359,479
Posted By MickG0105

​​​​​​​All four of them?

​​​​​​​All four of them?
11th Apr 2021, 22:38
Replies: 64
Views: 15,226
Posted By MickG0105

https://youtu.be/iQgtJF2byqI Of course the...

https://youtu.be/iQgtJF2byqI

Of course the difference is, this was meant to be funny.
11th Apr 2021, 22:25
Replies: 64
Views: 15,226
Posted By MickG0105

One second according to the CVR. Work on the...

One second according to the CVR. Work on the basis that about 0.25 seconds elapsed between when he actually saw them and when he made the call.
Showing results 1 to 25 of 586
 


 
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