REX well positioned for potential investors

[NickN]

This quote came from an article which encouraged investors to abandon airline stocks in favour of other investment sectors. Surprisingly they gave REX a good health check compared to Qantas and VB shares.

Regional Express shares leapt ahead yesterday, closing at $1.05, up 2.5c. Despite suffering a critical pilot shortage, the regional operator has no debt, owns virtually all its aircraft and is in a seemingly secure financial position.