- Jun 27, 2011
- LT Gold
Would be a good 'asset sell-off' for Singaporean PE firm PAG if they 'bail' from REXProbably be a sound strategic investment for a PE firm, such as Bain
Brought a wee tear to my eye that did. Last flew them September 12 2001
Many (if not all) of REX's 737s were reported to have Grey headcovers (replacing the VA Red and Purple) for standard Economy. Pretty much the only reminder of Virgin is the purple divider.They have removed the Virgin headrest covers yet? I heard something about that happening during all the downtime during lockdown?
That would be the logical and the economically rational way for things to pan out (especially now that Qantas has a 20% blocking stake in Alliance). Unfortunately in the airline industry reason/logic and good business sense seems a bit elusive. Surely even Bain can see the logic in this, sure they want to be a B737 single fleet airline, but when they want to sell it off won't it be an easier sell if they have a co-operative partner to fly the stuff thats not big enough to justify a B737 service? At the moment why would you buy Virgin? Its a shopworn brand in an industry that destroys capital with a larger established competitor (the Qantas Group) that has no unique seling point, why buy Virgin when you could lease your own narrow body jets and set up the business from the ground up without all the legacy issues?
Pretty much everyone in the industry can see this, and its as plain as the nose on your face, except for the upper management of VA2/Bain and Rex who just can't quite connect the dots yet.....
Why do you say 'must'? The public sector, whose pay has not been affected by any of this, get to make the decisions, and I can't see why they'd consider 'must'. 'Might'. 'In the fullness of time'. 'After due consideration'. But not 'must'.Agree with you and others that rationality must prevail. One doesn't have to work in aviation to see this.
Well ZL9 went out with just 46 in Y this morning at 0700 on the SYD-MEL slot. VA808 at the same time only had a couple of empty seats.
I just can’t see that time slot being persisted with unless they have a ace up their sleeve
Yep - I would expect that Rex are still very much down on their frequencies for their regional Saab 340 routes, if/when these frequencies are restored they might see a little more interconnecting traffic on their mainline jet services.Today's 7am MEL-SYD had 43 pax (all economy) (25%) , the 12:30pm flight had 3 J and 126 Y (76%), highlighting the early morning problems. I wonder if the later flight is also benefiting in a small way from connections from the regional network (with 6 flights arriving into SYD in the period 30mins-120mins before the 12:30pm flight).