REX's margins have been under pressure for some time and if you look at their communications they're always looking for ways to complain about costs that they don't like, or subsidies that they dont receive. Eg passenger screening costs, or en-route charge subsidies
They are privately owned (Singaporean) and so are very much about making profits and so this is to be expected.
Their routes are long (for the aircraft they use) and thin and many of them would be marginal. Though they fit a niche that QantasLink cannot fill and seem to have reasonable prices.
They are known for being at the lower end of payers in the industry as they cannot afford it and so have a higher turnover as they loose people to VA and QF and others who can pay them more and offer better career progression. And if people can't leave REX as the majors won't have them then that just breeds more disgruntlement.
IMO REX would be better off part of the VA group in many ways, though it has its own problems of course.
Ill be watching the CASA story with interest though.
, thanks for raising this but the way you wrote about it had me thinking that this was a hoax/beatup. Perhaps think about how you write a serious post so that it is taken seriously.