REX 0.00% 56.5¢ regional express holdings limited

So is he saying Qantas's action and then Rex's subsequent...

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  1. 125 Posts.
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    So is he saying Qantas's action and then Rex's subsequent response and realignment of their regional flying has been a good thing for Rex or a bad thing?

    "“Our great performance in the regional markets also validates our decision to stand our ground
    against Qantas, which flooded the market on marginal regional routes in an attempt to destabilise
    us. Not only did their plan not succeed, but we are now having record passengers and revenues
    on our regional network by concentrating on the larger regional routes in direct competition with
    them
    ."

    It seems to me competition has forced Rex to shed the marginal routes and focus its assets on routes where it can fill up its aircraft.

 
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