Rex enters trading halt ahead of announcement

[Saab34]

I thought Rex was reporting Jet profits a few months back. What happened?

 

[pauly7]

I think the back half of this year is going to see some interesting revelations from all sides…. However it does indicate that demand is coming off for some market segments and some carriers.

 

[SeatBackForward]

I think the back half of this year is going to see some interesting revelations from all sides…. However it does indicate that demand is coming off for some market segments and some carriers.

I think supply is picking up and the market is correcting itself back to pre-pandemic levels. Hopefully it will mean both a reduction in pricing and an improvement in service...but then again if they operate as cartels, neither will happen.

 

[Saab34]

I think everyone is splurging on an International trip at the moment, vs our own backyard. Half my office is in Europe at the moment.

 

[AIRwin]

Rex's heart is no longer in the country?

Rex lobs bid for Australia’s Antarctic operations after profit downgrade

The Antarctic program will require one large intercontinental passenger jet, four intercontinental turboprop aircraft and four twin-engine helicopters.

www.smh.com.au