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Ann: Rex Issues New Profit Guidance, page-12

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  1. Darre11
    187 Posts.
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    04/09/17
    14:24
    Post #: 26981031
    Yes fleet replacement will be a problem in 10 years time. Increase maintenance will go hand in hand with the aging fleet. However, I understand that one mitigation against this cost is the large number of spares they bought from Pinaccle 4 years ago; apparently there were so many spares that it will take years to go through them.

    http://chasingvalue.com.au/
    REX Price at posting: $1.27 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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