The 1962 Lockheed JetStar, once joint-owned by Presley and his father Vernon, is being sold "as is" on online auction site IronPlanet. Permalink. The plane is missing an engine, the cockpit needs restoring, and its once bright red and silver exterior is faded and tarnished with rust.The 1962 Lockheed is one of three private jets the Heartbreak Hotel rocker owned.This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced.It's rusty, missing an engine, and has been sitting on a runway in New Mexico for more than 30 years — but a private jet once owned by Elvis Presley is on the market for the second time in less than two years.Presley's collection included two other planes: the Lisa Marie, a 1958 Convair 880 named after his daughter, and the Hound Dog II, another Lockheed JetStar he bought in 1975.The 1962 Lockheed JetStar, once joint-owned by Presley and his father Vernon, is being sold "as is" on online auction site IronPlanet."It may go for even less this time around," Robb Report said.The current auction ends in late July.The current owner paid US$430,000 ($578,000) for the plane last May — well below the estimated selling price of $2-3.5 million, according to the GWS listing from 2017.Both are owned by the Graceland Estate, making the 1962 Lockheed the only privately owned plane previously owned by Presley."It's not clear what one would do with the plane," a report in luxury publication Robb Report said.Despite its reported potential, this is the second time The King's old jet has been up for auction in the past two years.But previous auction house GWS Auctions claimed the interior of the 56-year-old plane was in the same condition Presley left it, with the "gold-tone hardware, woodwork inlay, red velvet seats and red carpet", custom-designed for the King himself, still intact."It would have to be disassembled and transported somewhere — although it could potentially fetch millions if it was fully restored.""This jet has the potential of being restored, and placed on exhibit for the world to come see," the GWS listing said.It is not possible to see what bids have been made, if any, but the listing had more than 100 watchers.
The four engined JetStar was initially designed as a private venture but was also selected to fulfil a US Air Force requirement for a multi engined light transport and crew trainer. Elvis' 1962 Lockheed Jet for sale (too old to reply) Luuk 2008-12-13 10:02:50 UTC. Lockheed’s JetStar was the first dedicated business jet, entering service in 1961. Lockheed built 162 of the 4 engine P&W turbojet powered JetStars from the 60’s to the early 70’s and 40 of the TFE731 powered JetStar 2’s in the late 70’s.
Presley died Aug. 16, 1977, at the age of 42 in Memphis.The auction was announced by IronPlanet, which releasedthe photos of the jet that has been sitting on a tarmac inRoswell, New Mexico. Lindsay Goldstein, a spokeswomanfor (http://www.ironplanet.com.au/for-sale/Aircraft-1962-Lockheed-Jetstar-1329-Jet-Elvis-Presley-Previous-Owner-New-Mexico/1477613)IronPlanet , said the current owner "has not made anychanges to this piece of history. It was a progenitor of a category that has come to symbolize power, luxury and success. "It gives us an insight into how he lived and how Elvis, theKing, traveled, and the lifestyle he lived, on board the LisaMarie," Martin Nolan, executive director of Julien'sAuctions, said in a video posted on YouTube,at the time. Lockheed JetStar. Link/Page Citation A private jet once owned by Elvis Presley is up for auction despite having only been bought by a new owner last year for $430,000.
"A private jet once owned by Elvis Presley is up for auction despitehaving only been bought by a new owner last year for $430,000. About 70 of the original Jetstars were re engined with the same 731 engines in the late 70’s to early 80’s by Airesearch Aviation at a cost of about 1 million dollars. Country of Origin. It was also one of the largest aircraft in the class for many years, seating ten plus two crew.
The Lockheed JetStar (company designations L-329 and L-1329; designated C-140 in US military service) is a business jet produced from the early 1960s to the 1970s. ADVERTISEMENT. History. Type.
Fumigation not included in offer The red 1962 Lockheed Jetstar has no engine and needs a … It has been privately owned for 35 years and sitting on a tarmac in Roswell, New Mexico. United States of America. 2 Lockheed L-1329 Jetstar Medium Business Jets for Sale Worldwide. Search aircraft for sale for free! Large size corporate jet .
However, a previous owner disputed the king of rock'n' roll designed its red velvet interior. Raw Message.
One 1962 Lockheed Jetstar, no engine, 2 previous known owners, shag carpeting, red velvet seats, A hundred 40-year-old fried pb and banana sandwhichs in the overhead bin. Buy and sell planes and helicopters online at GlobalPlaneSearch.com. The first JetStar prototype first flew on September 4 1957. The JetStar was the first dedicated business jet to enter service, as well as the only such airplane built by Lockheed.
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