Australia's largest stock trading and investment forum Australia's #1 stock forum

REX

Click for more information

0.00%

56.5¢ regional express holdings limited

Ann: Rex Enters Voluntary Administration, page-31

First 31 Last

Share
Profile

Follow
DavoMagic

17,449 Posts.

57

31/07/24

22:24

Post #: 75015469
Share

Originally posted by Sparktastic: ↑

Corporate demand for many routes (outside the mines) was in decline from the mid 2000's. My local Regional airport, serviced by REX, saw peak corporate passenger movements around 2006 and It's been in decline ever since, despite booming regional populations.. At that time, I was doing regular REX flights into and out of Sydney, but as connectivity improved, the need for corporate travel mostly evaporated. Nowadays, Regional airports are reliant on medical and discretionary travel, with a bit of corporate thrown in for those mandatory cap city business trips. Aside from the cashed up Boomers, who are making bank in this high interest rate, high rent environment, discretionary air travel isn't even on the radar for many locals, in these areas, who are barely keeping a roof over their head.

Expand

medi8cal is corporate, gov is corporate just like the defence force. How many defence force caught rex??

I am talking about corporate between Sydney and Melbourne etc..

Some of the corporates will be miners, paying higher transport costs now and they go out of business to

Last edited by DavoMagic: 31/07/24

REX Price at posting: 56.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

As Nvidia cools, we're looking to Aussie AI

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

CBA breaks trading record on strong day for Aussie financials

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

There are more pages in this discussion • 1 more message in this thread...

First 31 Last

Add REX (ASX) to my watchlist