GSH

surge in private luxury planes attributed to foreign oil boom

by:GSH     2020-10-03
On July 5, 1975, this was a digital version of an article in The Times Print File, before it began to be published online in 1996.
To keep these articles as they appear initially, the Times will not change, edit, or update them.
There are occasional copywriting errors or other problems during the digitization process.
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Long Beach, California.
On July 4, a $707 Boeing aircraft was installed in a private hangar at Long Beach Airport for $2.
A total of 5 thousand people have prepared three boxes, a bar, a lounge, six private toilets and CCTV for the oil-rich Malaysian head minister of Sabah.
Just a few miles away, on a ramp at Los Angeles International Airport, a new Boeing 727 is being equipped for wealthy Australian entrepreneur Adnan kazuji. Saudi Arabia.
The aircraft is equipped with a remote fuel tank, with the owner\'s initials printed on the tail, and will be designed by the Air Research Department of garlitte, Los Angeles, for a new executive interior.
A spokesman for the company confirmed last week that,
Khashoggi is the owner of the aircraft, but declined to disclose the cost of the aircraft or renovation.
Aviation sources pointed out that the aircraft\'s equipment is an example of how the foreign oil boom triggered a surge in private luxury airline Flagship acquisitions.
Last year, for example, British Airways sold a British-made VC-10 to Sheikh Zayed bin Sultan Al southayan of UAE President Abu Dhabi, with restaurant and living room completely renovated, the price is $1. 5‐million.
Ford M6tor also sold a luxury jet last year.
The 35-passenger Boeing 727 aircraft was sold to the Iranian government for undisclosed prices and is expected to be used mainly by the Iranian king.
A Ford spokesman in Detroit said the plane was sold \"for economic reasons.
\"In oil-rich countries, the potential market for luxury aircraft seems promising, so much so that a Saudi businessman has ordered three new Lear aircraft, which he plans to resell to his fellow Saudi Arabia.
Two planes in the Los Angeles area are secretly undergoing renovations.
For example, most of the 30 employees who worked on the Boeing 707 in Long Beach for three months did not know, the plane was prepared for Tun Datuk Mustapha bin Datuk Harun, the 57-year-old chief minister of Sabah.
Charles Barrow, an official at Carson airlines, California
In last January, the company purchased the plane for $25 with another Boeing aircraft, except to say that Boeing refused to invest in the project.
727, registered under the name of the company, intended for \"use in the Malaysian region \".
Until last week, Santa Monica sub-contractor Steve Prague and his colleagues carried out a refurbishment of the Malaysian aircraft under the guidance of. L.
Former Navy pilot eisenhoweIn 1968, Mr.
Eisenhowe renovated a private Boeing 707 for Robert L.
Visco, a fugitive New Jersey financier, costs $1.
Last year, the plane secretly flew back to the United States from Panama to help satisfy a lien on him. Vesco. Mr.
Eisenhauer said last week that Prague Associates had withdrawn from the project because air services and support were \"behind the plan and there were too many people involved \".
\"Upon completion of the renovation, Malaysian aircraft will be furnished with green and red carpets with convertible teakwood coffee tables in the box that can rise to a table or sink to the floor.
Sandra Murphy, the interior designer involved in the project, said the plane would be equipped with a kitchen bar, two video cassette players, a movie projector and a microwave.
Advertising furniture will include a 6-inch globe in the lounge of the jet aircraft, connected to the aircraft\'s inertial navigation system, which will indicate the location of the aircraft at any time through a complex lighting system
1 Tun Mustapha, a brightly colored and sometimes controversial official who has ruled Sabah, one of Malaysia\'s 13 Federation since 1967, a spokesman for Malaysia said, although it has accumulated \"personal wealth\" including \"a large amount of British property \".
Embassy of Xi\'an in Washington
While Malaysia\'s per capita annual income is only $400, Sabah on the island of Borneo has been growing. The spokesman said the prosperity of the past three years was due to the discovery of large amounts of oil along the coast.
A version of this file was printed on page 16 of the New York edition on July 5, 1975, with the title: a surge in private luxury aircraft due to foreign oil boom.
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