Regional success

Regional Express model survives tough times

‘Annus Horribilis II’ is the alarmist headline on the front of Regional Express’s annual report for the financial year just gone.

And for almost every airline in the world, it has most certainly been an ‘annus horribilis’. Airlines worldwide are hemoriging red ink as global recession takes its toll. But against that background the latest profit result for Regional Express, or Rex, was outstanding. Rex must surely be one of the world’s most profitable airlines at the moment on the basis of profit margin.