Qantas and the other big players could learn a thing or two from the discipline of this nimble competitor. Prior to Rex he worked for Kendell Airlines from 1995, during which time he held various Check and Training Captain positions. He has retired as Chairman of the Parsons Brinkerhoff Advisory Board, an engineering and design company operating throughout Australia and the region. The company is a fully licensed brokerage that charges a … Rex has the potential to become seriously undervalued if one of the big airlines files for bankruptcy so it is definitely one for the watchlist.Attention: If you're looking for quality shares that have been selected based on quality and strong dividends, Foolish, dividend loving investors and BusinessDay readers alike can Keeping the debt low: REX now owns almost all of its planes outright. A group of Singaporean investors and a collection of Australian private investors purchased the Hazelton and Kendell businesses, which were profitable entities before they were taken over by Ansett. A massive fare war is on the radar in Australia after Regional Express (REX) announced it is going to the market to raise A$30 million to lease a limited number of jets to compete with Qantas, Jetstar, and Virgin Australia. So you may be surprised to learn about one Australian airline that is still profitable, and hasn't asked for a single bailout!Regional Express (ASX: REX), or Rex, is Australia's largest independent regional airline, and rose from the ashes of the Ansett bankruptcy. Only supported aircraft types that are active with this airline are included in the calculations. Alliance operates fly-in fly-out (FIFO) air charter services … Each profile offers comprehensive news and analysis, as well as the ability to drill down into data on schedules, capacity share, fleet, traffic, financial results and more.Our full profiles are only available to CAPA Members. Over the same period Qantas reported an underlying pre-tax loss of $252 million and Virgin Australia made a pre-tax loss of $49.7 million. The airline was established in 2002 when the Australiawide Airlines consortium (set up by former In October 2007, Rex expanded into Queensland when it commenced operations between In November 2015, Rex announced the resumption of services to the NSW Snowy Mountains in conjunction with Snowy Mountains Airport Corporation.

Additionally REX announced that they and In July 2008 the company announced that all of its 340As would be phased out; however one rejoined the fleet in July 2015 after a 7-year stint with REX' subsidiary airline As of June 2019, the airline operates an all Saab 340 fleet with 3 variants of the type.In November 2007 Regional Express Airlines and Mangalore Airport Pty Limited created a joint venture pilot academy called the Civil Aviation Training Academy, based at On 18 February 2009, Regional Express Airlines announced that the Australian Airline Pilot Academy (AAPA) would be relocated from Mangalore Airport to On 27 May 2010, the AAPA campus at Wagga Wagga Airport was officially opened by Federal For the holding company that owns Regional Express Airlines, see Please refer to the current fleet list to see each aircraft's individual age.

The majority of this website will not function as intended without JavaScript enabled. Lee Thian Soo has extensive international business experience and currently is the Chairman and owner of a company supplying specialty medical devices, systems and drugs to healthcare institutions in the ASEAN region. When it comes to airlines, big is not always beautiful!Regional Express is a quality company, but it is also just the best of a bad bunch. As Chief Operating Officer he was responsible for the Company’s operations including flight operations, maintenance control, airport operations and the human factors group. REX is a technology platform that replaces the conventional real estate model with a digital alternative for home-selling. Regional Express Holdings arose from the 2001 collapse of Ansett Airlines, which was the parent company of Kendell Airlines and Hazelton Airlines. He retired from the House of Representatives in 1998 and established his own high-level aviation and transport consulting company. This may sound like an obvious approach, but let's contrast it with that of our beloved national carrier.


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