The proposal involves SpiceJet, led by chairman Ajay Singh, acquiring as many as 40 of Jet Airways’ grounded planes that are owned by lessors, one of the people said, asking not to be identified as discussions are preliminary. The government has also reached out to other carriers, the person said.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2umtca8
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