Private Planes For Sale

Nigeria’s wealthiest pastor, Bishop David Oyedepo, has reportedly put two of his four private planes up for sale. According to a report in the Nigerian media, the venerable clergyman has become overwhelmed with the colossal costs of managing four planes Two private planes owned by Elvis Presley - the Lisa Marie and Hound Dog II - are going up for auction. The planes are being sold as one lot, with the option to buy land next to Graceland to display them, independent of the Presley Museum. Tesco has begun selling off its fleet of luxury private jets by putting a 14-seater plane up for sale for nearly $35m (£22m). The Gulfstream G550 has been put on the market as Tesco grapples with a £263m financial black hole and 92pc fall in pre-tax profits. But Brian Foley, a general aviation management adviser who follows the market closely, says that of all the business jets flying a year ago this month, 18% were for sale. That's a "phenomenal" percentage, he says, because the norm is 12%. Currently In spite of not being airworthy two of Elvis Presley's private jets are expected to raise over NZ$12 million when they are auctioned off. The private jets are up for sale via Julien's Auctions in Beverly Hills, California and will be sold by sealed bid. One thing Elvis fans won't be able to do for long: Go to Graceland to tour his private planes the Lisa Marie and Hound Dog II. Both planes at the King's Memphis home are up for sale in an auction that ends Feb. 2. Elvis bought a Convair 880 in 1975 for $ .

But Brian Foley, a general aviation management adviser who follows the market closely, says that of all the business jets flying a year ago this month, 18% were for sale. That's a "phenomenal" percentage, he says, because the norm is 12%. Currently Suddenly, private jets are affordable. Well Jeteffect said the market for used inventory peaked in 2008 with 3,100 aircraft for sale. Currently it's below 2,300 … and rising. Webb said demand is also picking up. Much of the market has returned Two private planes owned by Elvis Presley - the Lisa Marie and Hound Dog II - are going up for auction. The Lisa Marie, named after his daughter, was bought by Presley in 1975 and refurbished to include a master suite with full-size bed and conference room. Two private airplanes that belonged to Elvis Presley are now on sale and could disappear by 2015 from the late singer's Graceland mansion, where they have been on display for the last 30 years. Both planes appeared this week on the aircraft-sales Web site .

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