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If they can pi$$ up $400 million for a useless referendum they...

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mogga

56,266 Posts.

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01/08/24

17:53

Post #: 75032244
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Originally posted by Scott th Ratbag ↑

with REX looking pretty shaky and in administration after trying to lift their revenue competing in the city-to-city market.

crushed by Qantas as some are saying? maybe. its free market practice for bigger companies to crush little ones.

how to regulate a competitive industry?

should the govt take a financial interest in Rex with the aim of ensuring people living in regional towns get a fair price and consistency in servicing the rural/regional market?

certainly Qantas and Virgin aren't very interested in flying short haul, low passenger services.

so what is a sensible position on Rex?

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If they can pi$$ up $400 million for a useless referendum they could much worse than have an equity in an airline that serves rural Australia very effectively
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