Rex is understood to be close to securing a bunch of jets currently leased by Virgin and soon to be surplus to the slimmed-down airline's requirements.
They're Boeing 737s — commonly used on major Australian domestic routes and for short-haul international flights — and are expected in Rex's portfolio shortly.
A pair of Rich Listers and a bunch of Melbourne financial markets types have teamed up to try to get Praemium to increase its bid for their smaller wealth platform play, Powerwrap.
