From today's ATW Online
United sells 24 727s to Pan Am
Dateline: Monday February 18, 2002
United Airlines is selling 24 727-200s, part of the fleet of 75 it recently retired, to Pan American Airways.
United Services, an affiliate of the airline, will deliver one aircraft per week to the new entrant with the famous name over the next six months. The 727s were manufactured between 1978 and 1980 and will operate on routes outside the US, United said.
"We were slowly retiring our fleet of 727-200s over a three-year period, but following the events of Sept. 11, which precipitated cutbacks in service, a decision was made to retire the remaining 727-200s at the end of last October," Manager-Aircraft Sales Martin Lawrence said in a statement. The aircraft are in storage at a facility in the Mojave Desert, he noted.
Under the same agreement, United will sell Pan Am three 727 simulators and a cockpit procedures trainer. That equipment will be moved to Sanford, Fla., where Pan Am is establishing a training facility.