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Jet Airways Share Price: Air India won't take B777 aircraft from closed Jet Airways, shares fall

Jet Airways Share Price: Air India won't take B777 aircraft from closed Jet Airways, shares fall 

Air India: The closed airlines will not buy the Jet Airways aircraft. Jet Airways shares saw a major decline today. 

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NEW Delhi: Government Airlines Air India has decided not to go ahead with its plan to take the B777 aircraft from Jet Airways that has stopped operations. The company feels that it is not advisable to run it professionally in view of its heavy requirements of maintenance.

Today Jet Airways ' shares fell by more than 4 per cent to close at Rs 129.95. A manager of the airline said, "the engineering department completed its work on B777 and found that it was not appropriate to take it. '

A few weeks ago, Air India had five Boeing 777 aircraft of Jet Airways to dry/ Had shown interest in taking the wet lease and started talks with the major lender SBI, a troubled aviation company.

Air India Chairman Ashwani Lohani held talks with SBI chairman Rajnish Kumar on the proposal. But now Air India has changed its decision, and SBI probably has Plan B for Jet Airways. Jet Airways ' internal Mail has revealed that a plane of B777 is going to Hong Kong on May 10 for maintenance.

Jet Airways is lying closed. Thousands of his employees are on the road. More than 1 thousand employees have been employed by Spice jet. It is not yet decided when the company will start operation again. 

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