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Search: Posts Made By: MickG0105
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12th Aug 2022, 10:51
Replies: 104
Views: 12,059
Posted By MickG0105

No need to add anything for me, I have access to...

No need to add anything for me, I have access to the whole data set but thanks for the thought - it appears to be the only one applied to that post.


Instead of embarrassing yourself here making...
11th Aug 2022, 20:30
Replies: 104
Views: 12,059
Posted By MickG0105

It wasn't difficult, it was there in the data....

It wasn't difficult, it was there in the data. Neatly illustrates why looking at all the data over a reasonably representative timeframe is important.


Getting 30 flights a day of around 1.6...
11th Aug 2022, 12:54
Replies: 104
Views: 12,059
Posted By MickG0105

You forgot ZL549 OOL-SYD with a grand total of 25...

You forgot ZL549 OOL-SYD with a grand total of 25 pax.

Today was the first day this week Rex managed to carry more than 1,000 pax on its 10 flights between Melbourne and Sydney for an aggregate...
10th Aug 2022, 11:50
Replies: 104
Views: 12,059
Posted By MickG0105

It's difficult to say whether that is the most...

It's difficult to say whether that is the most stupid thing you've written because, well, the competition is torrid. Just think about what you're trying to argue here - you're saying that Rex had...
10th Aug 2022, 06:32
Replies: 104
Views: 12,059
Posted By MickG0105

What a load of nonsense. Do you think this stuff...

What a load of nonsense. Do you think this stuff up yourself?
10th Aug 2022, 06:05
Replies: 104
Views: 12,059
Posted By MickG0105

And let's not forget that no-one put a gun to...

And let's not forget that no-one put a gun to their head. Their foray into jets was at the time of their choosing. I seem to recall someone from Rex telling anyone who'd listen that 'there has...
10th Aug 2022, 06:00
Replies: 104
Views: 12,059
Posted By MickG0105

I'm not familiar with said forum but there's...

I'm not familiar with said forum but there's certainly something off with the J loads we're seeing. Comping a punter or two here and there would be one explanation. That can be a pernicious...
10th Aug 2022, 03:32
Replies: 104
Views: 12,059
Posted By MickG0105

Business doing well?! If by "busy doing well"...

Business doing well?! If by "busy doing well" you mean continuing to lose money, then yeah, for sure. Week to now, they are averaging 43.5 percent loads between Sydney and Melbourne, and just over...
8th Aug 2022, 12:05
Replies: 104
Views: 12,059
Posted By MickG0105

I'd give them a go myself but they don't fly out...

I'd give them a go myself but they don't fly out of MCY. They almost certainly have a better than half decent product. Their roll out strategy, however, has been two large servings of half-arsed....
8th Aug 2022, 04:15
Replies: 155
Views: 58,231
Posted By MickG0105

Hopefully whoever prepares the ASX announcements...

Hopefully whoever prepares the ASX announcements over at Rex will take note - that is what a properly written market sensitive announcement should look like.
8th Aug 2022, 01:21
Replies: 104
Views: 12,059
Posted By MickG0105

Yep, thanks. I can see those numbers myself. ...

Yep, thanks. I can see those numbers myself.

Where do you think the break-even point is for one of those flights?
7th Aug 2022, 09:11
Replies: 104
Views: 12,059
Posted By MickG0105

A "lack of mass advertising" was entirely Rex's...

A "lack of mass advertising" was entirely Rex's call. They decided to get into jets, cut their marketing budget and relied on Sharpie spruiking on Sunrise. Great plan. That whole "slow start" was on...
7th Aug 2022, 01:28
Replies: 104
Views: 12,059
Posted By MickG0105

The numbers that PJ quoted were accurate at the...

The numbers that PJ quoted were accurate at the time. They were essentially confirmed independently by the study put together by The Australian newspaper. How many times does that point need to be...
6th Aug 2022, 23:51
Replies: 104
Views: 12,059
Posted By MickG0105

You can round out Rex's SYD-MEL flights with...

You can round out Rex's SYD-MEL flights with ZL009 with 46 pax. That gives them 252 pax across five flights. Revenue would likely not cover fuel and airport charges.
6th Aug 2022, 22:51
Replies: 685
Views: 222,127
Posted By MickG0105

Okey doke, thanks for that. Encore don't fly...

Okey doke, thanks for that. Encore don't fly jets.

Sunwing and Air Transat are built almost exclusively around international travel into the US/Caribbean/Central America.

When you're tallying...
6th Aug 2022, 09:50
Replies: 685
Views: 222,127
Posted By MickG0105

For the sake of clarity, can you name the 6 + 1...

For the sake of clarity, can you name the 6 + 1 Canadian 'jet type airlines' please? The usual rundown of Canadian airlines goes Air Canada, Westjet/Swoop, Porter, Air Transat and Flair. Porter...
6th Aug 2022, 02:15
Replies: 104
Views: 12,059
Posted By MickG0105

Not exactly a public train set, more correctly...

Not exactly a public train set, more correctly the shareholders' train set.

However, when you have five people holding 51 percent of the stock, well, nothing cobbled together by management is...
6th Aug 2022, 01:07
Replies: 104
Views: 12,059
Posted By MickG0105

Loads yesterday and today (noting fewer flights...

Loads yesterday and today (noting fewer flights today) are not bad. Certainly into the profitable range. Notably they are now able to get bums on J seats - that takes a lot of pressure off yield.
5th Aug 2022, 03:45
Replies: 104
Views: 12,059
Posted By MickG0105

I'm surprised Rex didn't ask for a rego out of...

I'm surprised Rex didn't ask for a rego out of the unallocated Rs, like RXU.
3rd Aug 2022, 02:01
Replies: 104
Views: 12,059
Posted By MickG0105

WTF are you talking about now? Rex have been...

WTF are you talking about now? Rex have been talking about increasing their fleet for well over a year. The world has known that Virgin weren't going anywhere for nearly two years now.

Around...
2nd Aug 2022, 22:48
Replies: 104
Views: 12,059
Posted By MickG0105

Let's look factually, Rex has been talking about...

Let's look factually, Rex has been talking about adding to its jet fleet for well over a year and nothing has changed. They've had the same size fleet since March 2021.


Is that not now a live...
2nd Aug 2022, 09:44
Replies: 104
Views: 12,059
Posted By MickG0105

Rex do not have a good track record of following...

Rex do not have a good track record of following through on fleet planning announcements.

This is what they said in an ASX announcement at the end of June last year ,



And what happened was...
31st Jul 2022, 10:37
Replies: 685
Views: 222,127
Posted By MickG0105

Some people seem to be oblivious to the fact that...

Some people seem to be oblivious to the fact that the first "C" in ACCC stands for "Competition". A major part of the ACCC's role is to promote competition. They would be unlikely to take action to...
16th Jul 2022, 08:35
Replies: 35
Views: 9,249
Posted By MickG0105

Probably the only way the deal was going to...

Probably the only way the deal was going to happen. It would almost certainly have been beyond Rex to fund the whole acquisition off their own bat.
15th Jul 2022, 05:12
Replies: 2,186
Views: 792,503
Posted By MickG0105

PAG haven't put up any more money for this. They...

PAG haven't put up any more money for this. They have allowed Rex to draw down something like $15 million from the $75 million that remains undrawn from the 2021 $150 million convertible note...
14th Jul 2022, 08:22
Replies: 2,186
Views: 792,503
Posted By MickG0105

176; 8 J, 168 Y. PoppaJo has regularly...

176; 8 J, 168 Y.


PoppaJo has regularly posted reliable data on the load factors for Rex's jets.

The Australian newspaper carried out a fairly detailed review of 35 Rex jet flights between...
12th Jul 2022, 23:20
Replies: 685
Views: 222,127
Posted By MickG0105

Well said. It's pretty clear that a couple of the...

Well said. It's pretty clear that a couple of the contributors have no idea. Petrie to Brisbane airport entails Anzac Avenue - Dohles Rocks Road - Bruce Highway/Pine Rivers Bridge and then the...
12th Jul 2022, 01:20
Replies: 685
Views: 222,127
Posted By MickG0105

So the flight schedule...

So the flight schedule (https://www.avalonairport.com.au/flights/flight-schedule) showing that currently AVV is handling just four flights a day is wrong, is it?
...
11th Jul 2022, 10:47
Replies: 685
Views: 222,127
Posted By MickG0105

It kind of is[/QUOTE] Not even vaguely "kind...

It kind of is[/QUOTE]
Not even vaguely "kind of". It is 112 kilometres from MCY to the Brisbane CBD, 94 kilometres to the Pine Rivers Bridge, 80 kilometres to North Lakes. MCY is not Brisbane North....
11th Jul 2022, 06:22
Replies: 685
Views: 222,127
Posted By MickG0105

Pre-pandemic, VA were losing half a million...

Pre-pandemic, VA were losing half a million dollars a week, so probably not the pin-up girl for route selection/yield management.


Stop referring to MCY as Brisbane North, it's not even close. It...
10th Jul 2022, 23:52
Replies: 685
Views: 222,127
Posted By MickG0105

Mildura was racking up a total of around 120,000...

Mildura was racking up a total of around 120,000 - 135,000 outbound pax per annum pre-pandemic. As has been pointed out elsewhere, the majority (>90 percent) of those pax travelled to Melbourne. ...
7th Jul 2022, 00:58
Replies: 685
Views: 222,127
Posted By MickG0105

Allstralia?! This crowd have turned the...

Allstralia?! This crowd have turned the Jingoism dial on Marketing-Spiel-o-matic 2000 to 11.
4th Jul 2022, 18:53
Replies: 47
Views: 12,053
Posted By MickG0105

Any GMT watch with a rotating 24 hour bezel will...

Any GMT watch with a rotating 24 hour bezel will accomplish exactly that task. If you want to see what any time in UTC is in local time, you just rotate the bezel such that the required time in UTC...
25th Jun 2022, 12:48
Replies: 2,186
Views: 792,503
Posted By MickG0105

Rex runs just four flights a weekday between...

Rex runs just four flights a weekday between Sydney and Melbourne; the first doesn't depart until 7am, the next is at 10am then a seven hour hiatus till the 5pm then the last at 8pm. They're not...
25th Jun 2022, 05:07
Replies: 2,186
Views: 792,503
Posted By MickG0105

Pre-pandemic, around 10 percent of domestic...

Pre-pandemic, around 10 percent of domestic bookings went through agents. Apparently that increased during the pandemic but the data underpinning that is scrappy, based on reported intentions rather...
Showing results 1 to 35 of 993
 


 
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