Umm.. i'll try to answer this to the best of my ability but there are probably people here with far more knowledge.
Other than the $$$ aspect of recovering something from sea.. the one major problem will be corrosion (and it can't easily be brushed off)
Chances are the minute the metal is exposed to air after decades under water it will turn to mush..
I've recovered (non-aviation) objects from salt water and with metals i've learnt (the hard way) that you must never let them dry out.. ideally you want to move the object under water to a container of oil.. how u can do this is possible but beyond the scope of moving a entire aircraft or even an engine thru the process.
Iron (such as engine blocks etc) will have become highly unstable and any exposure to direct oxygen will weaken them to the point that it will deform (mush).. I can go into the science of this too but it'll simply become boring..
hope this helps.
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