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20th Dec 2023, 08:33
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Thanks for the reply Mick. I, as I am sure...

Thanks for the reply Mick.

I, as I am sure many others here, appreciate your insights when it comes to deciphering some of this finance stuff.
19th Dec 2023, 23:34
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Australian Executive Traveller had this to say on...

Australian Executive Traveller had this to say on Rex’s ‘Euro Business’

https://www.executivetraveller.com/news/rex-737-economy
19th Dec 2023, 23:32
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Out of interest Mick, what did you mean that...

Out of interest Mick, what did you mean that things were somewhat off here?

Am I correct in saying that the convertible notes can only be used for the 737 operation?
20th Oct 2023, 05:47
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

It’s not a strategic decision to consolidate...

It’s not a strategic decision to consolidate their network like you’re suggesting (because a decision like that would probably need to be forthcoming to the ASX - although we know what Rex and full...
6th Sep 2023, 09:51
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Would be interesting to know how many of those J...

Would be interesting to know how many of those J class seats are paid for, or are just free upgrades?
3rd Sep 2023, 09:15
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Before you go lecturing the rest of us on...

Before you go lecturing the rest of us on livelihoods, I will direct you to Project Mother, where Sharp was salivating at the idea of taking advantage of a workforce going through administration. So...
6th Jul 2023, 06:53
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

That figure puts the Captain on $360k for the...

That figure puts the Captain on $360k for the year assuming the FO is 66% the hourly rate of the skipper.

So what should a domestic narrow body Captain and FO be paid for doing 800 hours a year?
20th Jun 2023, 23:22
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

And ultimately this is the nuts and bolts of it...

And ultimately this is the nuts and bolts of it all. I struggle to think of a more profitable time for airlines than right now. If Rex is still posting losses - something has to change.

Was this...
20th Jun 2023, 23:14
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Exactly - I recall Sharp rejoicing at the fact...

Exactly - I recall Sharp rejoicing at the fact that he’d be able to start up an airline during COVID and have extremely cheap labour because of Virgin going into administration. Oh how the free...
8th Jun 2023, 03:23
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

What is even sadder is under the proposed Rex 737...

What is even sadder is under the proposed Rex 737 EA, the Company are trying to tie a pilots rate of productivity pay above the overtime threshold to the Load Factor of the jet operation.

So if...
25th Jun 2022, 06:34
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Thanks Mick 👍

Thanks Mick 👍
25th Jun 2022, 02:27
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Does anyone have any idea on the stats of people...

Does anyone have any idea on the stats of people who would be booking domestic flights with a travel agent? As a percentage of total bookings, it’s hard thinking that the number would be too high.
...
25th Jun 2022, 00:46
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Doubling of revenue with no increase in fleet...

Doubling of revenue with no increase in fleet size - to me that would suggest just how much hurt the jet operation was facing over the last 12-18 months.

Does this also seem to suggest that Rex’s...
12th May 2022, 10:39
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Maybe the free kicks Rex keeps on getting would...

Maybe the free kicks Rex keeps on getting would change with a change in Federal government?
3rd May 2022, 22:12
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Don’t Rex think that they sit above Virgin as...

Don’t Rex think that they sit above Virgin as they consider themselves a ‘full service’ airline?

I am genuinely surprised at how they are sustaining the loads that they are. Their aircraft are...
25th Feb 2022, 00:53
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

It is certainly going to be an interesting time...

It is certainly going to be an interesting time for Rex over the next little while, especially if there continues to be a focus on expanding the jet operation. Will management lose focus on the...
10th Feb 2022, 20:59
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

From what I gather from here - the slots are...

From what I gather from here - the slots are allocated to international, domestic and regional flying.

Again from what has been posted here, Rex has been making use of the international slots...
29th Jan 2022, 09:05
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

There must be some significant assumptions put...

There must be some significant assumptions put into that modelling:
- Ultimately if you are talking about break even points and load factors, there has to be an assumption on yield?
- The article...
2nd Dec 2021, 07:30
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Without knowing a whole heap about Link Airways -...

Without knowing a whole heap about Link Airways - how will they manage this significant uptake in their operation? Will they need to recruit more staff / acquire more aircraft or will they cancel...
11th Nov 2021, 07:11
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Maybe they were sick of all their 737 pilots...

Maybe they were sick of all their 737 pilots leaving to go back to Virgin.

Good opportunity for the turbo prop guys - but if what people are saying on here is true, it might be a difficult 2022/23...
8th Nov 2021, 17:26
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Putting out a press release because your aircraft...

Putting out a press release because your aircraft has headed to Singapore for maintenance is certainly strange.

Can we expect the same whenever the SAABs head to Wagga to have some work done?
25th May 2021, 04:23
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

With Virgin’s re-employment policy - it was...

With Virgin’s re-employment policy - it was always going to be risky hiring a heap of redundant WB pilots.
12th May 2021, 09:19
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Things are going that well.....or this was always...

Things are going that well.....or this was always the plan and they had no way of getting out of the additional 4 aircraft?

Having said that - they do need some sort of economies of scale to make...
12th Nov 2020, 07:19
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

My understanding is Rex have the 737s at $60k a...

My understanding is Rex have the 737s at $60k a month for the first 12 months, increasing to $100k a month after that
5th Oct 2020, 06:38
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

Yeah...those pesky unions hassling Virgin by not...

Yeah...those pesky unions hassling Virgin by not bending over and taking Bain’s pineapple 🙄
26th Sep 2020, 04:54
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

I still work for VA and am seriously considering...

I still work for VA and am seriously considering applying....
5th Jul 2020, 21:54
Replies: 2,844
Views: 1,104,962
Posted By Colonel_Klink

How does the Australian Aviation journalist...

How does the Australian Aviation journalist publish that article without questioning the hypocrisy of what Rex are doing?

This Rex ‘media release’ should never have seen the light of day....
Showing results 1 to 27 of 27


 
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