Announcement posted on ASX website at 1656hrs. Main point being that Rex has revised down its profit forecast for FY22/23 and now expects a group-wide loss of $35m.
"Rex is now forecasting a Group Operational loss of $35 million for the FY. However, the unaudited revenue from regional Saab operations is above pre-COVID (FY2019) levels and the corresponding EBITDA has been positive for the FY."
Says this is due to shortage of pilots and engineers, supply chain issues post-COVID, and reduced business travel demand in May and June (of this year, presumably).
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