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ArabJet may buy troubled airline Silverjet

LONDON - ArabJet, a planned premium class airline based in Dubai, is talking to the administrators of SilverJet, the failed business class carrier, about a possible sale, a source familiar with the talks said on Monday.Luton-based SilverJet, which operated three planes between London, Dubai and New York, collapsed into administration last month due to weak demand and record fuel prices.