REX 0.00% 56.5¢ regional express holdings limited

REX expanding in NT, page-8

  1. 467 Posts.
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    The problem rex have is there has been not been sufficient profitability in the industry for long enough to enable the fleet to be kept to a reasonable age, buying or leasing a newer fleet is just waaaaay too expensive and in the medium term ticket prices will have to go up or marginal services stop ... the only market that is rock solid is flying fifo contracts and aqz have that market sewn up and have a fleet of jets they own ....
 
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