REX 0.00% 56.5¢ regional express holdings limited

What do people think of their fleet composite of all SAAB 340...

  1. WHY
    793 Posts.
    lightbulb Created with Sketch. 5
    What do people think of their fleet composite of all SAAB 340 (mostly the 340 B)? Looks like it's a type that's stopped production back in 1998. Their 25 leased fleet SAAB340b were customised and commissioned in 2010. Are there not still-in-production small planes for regional routes that REX operates on? Anyone think it's a little worry that all their current fleet are a bit of an "extinct species" plane type?

    I like REX because its current low trading multiple, monopoly status on most their routes, and maintainable dividend. However, air-line is no doubt a challenged sector to invest in.
 
watchlist Created with Sketch. Add REX (ASX) to my watchlist
(20min delay)
Last
56.5¢
Change
0.000(0.00%)
Mkt cap ! $63.96M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
REX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.