Interesting times for REX. Picked up the SAAB from the desert for next to nothing. I cannot see it being replaced with new aircraft as the costs involved would be massive. Might import more of the same with less hours.
In saying that if they do not bring in a new a/c within 10 years then that would be about it, maintenance costs and life hours would make flying even more expensive. There is no possible way to replace the fleet within a short period.
Just my thoughts.
REX Price at posting:
$1.16 Sentiment: None Disclosure: Not Held