Man who bought Elvis Presley’s jet is rebuilding it in a new way

The man who bought Elvis Presley's private jet for $234,000 desperately wants to get it flying again.
  • Elvis Presley’s jet spent four decades rotting away in the desert
  • It would over $5 million to fix it
  • In terms of regulations, the jet would never get the green light with IATA

Published on Nov 17, 2023 at 6:04PM (UTC+4)

Last updated on Nov 20, 2023 at 10:22PM (UTC+4)

Edited by Amelia Jean Hershman-Jones
Elvis Presley's jet hero image

The guys who bought Elvis Presley’s jet at auction for $234,000 desperately wanted it to fly again. 

But, for a number of reasons, this is not going to happen.

So he came up with a different plan.

READ MORE! Man who bought Elvis Presley’s private jet tries to power it up for first time in 40 years

There’s a long list of reasons to explain why Elvis Presley’s jet will never see the clouds again.

The 1962 Lockheed 1329 JetStar owned by one of history’s greatest rock stars spent four decades rotting away in the desert.

This, as you can imagine, took a heavy toll.

The first issue is, as ever, about money.

After buying it at auction, James Web from Jimmy’s World managed to power it up for the first time in decades.

However a further inspection revealed the insane costs of actually bringing it back to life for more than five minutes.

It cost roughly $230,000 to get the plane to start again.

But when the total cost required was revealed to Jimmy, he nearly had a heart attack.

All in all, you’re looking at a $5.7 million bill.

The plane needs four new engines, at around half a million each, and rewiring the electronics alone cost nearly $2 million.

To fixCost
Plane inspection$80,000
Non-destruction tests – (checking for cracks etc)$20,000
Stripping the paint, sealing, and sanding$120,000 
Fixing corrosion of the aircraft$75,000
Flight controls $450,000
Landing gear $360,000
Brakes $24,000
Fuel tanks $10,000
Rewiring the electronics $1.5 million
APU (mini jet engine) $180,000
Miscellaneous (hoses, screws, fittings) $100,000
JT212 engines (four of them)$2.2 million
Flight testing $100,000
Airworthy directives $450,000
Total$5.7 million

Even if Jimmy had the $5.7 million required, the plane could never fly again for the most logical of reasons: safety.

As you can imagine, nearly every rule and regulation that applied forty years ago doesn’t apply anymore.

Everything’s changed.

For an extremely long list of reasons, the jet would never get a greenlight from IATA, the global entity that regulates aviation.

With that in mind, Jimmy came up with a few different ideas, and eventually he decided his best bet would be to turn the jet into a luxury RV.

Stay tuned for more.

You might be interested in

Related Articles

Jeff Bezos spent $42million building a clock that will outlast human civilization
World's largest cruise ship five times bigger than Titanic about to set sail
Saudi Arabia's $8b turtle-shaped yacht would be a floating city that breaks records
Conor McGregor owns one-of-a-kind Rolls-Royce Ghost with highly customized exterior
Meta employee buys six-figure apartment on cruise ship so he can work from home whilst exploring world
'New Concorde' jet that flies from New York to London in 90 minutes set to make first flight
The Rock owns an ultra-exclusive ultra-rare $3.4m Pagani Huayra
Two unseen Cybertruck features discovered as launch is imminent