Recent content by farmboy

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    Rex Chairman Stuck in Timewarp

    Just ask a few of the rich-listers, business people, and medical specialists who commute daily to the country centres what they think of Rex and its frequent basic service. They will tell you its service is manna from heaven. Its easy for the city types to forget where all of the food comes...
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    Qantas announces intention to acquire the remaining 80% of Alliance (ASX:AQZ)

    Qantas is offering $4.75 for each Alliance share (in Qantas shares). Alliance is trading at $4.14, so clearly the market has zero expectation that the deal will go through. However there is a big risk to QAN because if its share price falls, they will have to issue even more shares in payment...
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    Rex to fly between Australian capital cities

    That story was in yesterday's online AFR. It was an old story well before the Virgin wind-up. i know the journo who wrote it and I suspect he was a bit short of fresh material.
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    REX's new website (December 2020)

    I (used to) book a lot of flights on Rex, Qantas, Virgin, and Air New Zealand. In order to ensure continuity, I would often use two computers and a phone at the same time, get all to the last point and then press 'go'. Air New Zealand site is by far the best, closely followed by Rex. Qantas is...
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    Qantas announce more regional growth

    Yes, I knew Qantas had returned. But my story is true, it came from the horses mouth at the time. I also heard today that Rex has not laid off one staff member during the pandemic.
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    Qantas announce more regional growth

    Yes, I agree, Rex will certainly pull out if its uneconomic. They will not wear losses for long, after all they have not remained solvent for 18 years by taking losses. They do not try for 100% occupancy. Generally, their published modus operandi is that once occupancy reaches 70%, they will put...
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    Qantas announce more regional growth

    There are two separate issues with this; 1. Using Sydney - Orange NSW as an example. The route is clearly not big enough for two airlines, and Rex's long & profitable business solvency comes from its refusal to run at a loss for any extended time. So it may leave Orange to Qantas. Then Qantas...
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    REX Financially Secure?

    No. Rex were never in danger of 'going under'. And any comparison with Virgin is ridiculous, Rex has made consistent profits for most of eighteen years. And owns its 60 odd planes. What they did say was that, post pandemic, they could not continue to fly to the remote small towns, without...
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    Virgin Australia bookings going forward.

    I've been a happy Virgin supporter since Virgin Blue days, less so in recent years but still a supporter. I've been following the recent saga closely, and I will be very surprised if Virgin survives the admin process. Many reasons, but here are a few; 1. Current loss-making CEO to stay on is a...
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    Breeze & maybe Rex ?

    Rex execs have committed to the Saabs for some years yet. The chairmans said very recently that the US military has a supply contract with SAAB which will ensure they can keep flying for some time. But they have talked about leasing A320s and 737s if they fly domestically (not too likely I...
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    Rex to fly between Australian capital cities

    Its a bit ironic that in the early 1970s Dubbo was served by no less than a Fokker F28 jet service. It took 35 minutes ground to ground, less than 30 minutes in the air. This was an Ansett service.
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    Rex to fly between Australian capital cities

    Er, Dubbo airport (apx 200,000 pax pa) has full security, paid for by passengers of both Qantas and Rex. There were 11 weekday flights to Sydney before the pandemic hit. Shared by both Qantas and Rex. Here's the security story. A few years ago there was none because both aircraft used on the...
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    Rex to fly between Australian capital cities

    Rex is flying to BHQ four days a week, Wed/Fri from Sydney/Dubbo. Mon/Fri ex Adelaide. Rex currently flying to 80% of its regular destinations. Thanks to the gov subsidy that so irritates Virgin? The irritation confirms just how out of touch the dead horse is, and what little regard they have...
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