FlyerTalk Forums - View Single Post - Legacy Aircraft Still Flying in current AA Fleet?

Mar 3, 2020, 2:25 pm

#8

rvolkcpa

Join Date: Aug 2005

Location: Whidbey Island, WA

Programs: AA EXP, DL UA AS

Posts: 207

Quote:

Originally Posted by aztimm

If you follow the links above, you'll see that they came from ATA.

I'm not sure if Eastern even had B757's. I do remember riding on EA B727's (my very first flight was on an EA B727) and DC9's.

In 1983 Eastern became the launch customer of Boeing's 757, which was ordered in 1978. Borman felt that its low cost of operation would make it an invaluable asset to the airline in the years to come. However, higher oil prices failed to materialize and the debt created by this purchase coupled with the Airbus A300 purchases in 1977 contributed to the February 1986 sale to Frank Lorenzo's Texas Air. At that time, Eastern was paying over $700,000 in interest each day before they sold a ticket, fueled, or boarded a single aircraft.

The above is from Wikipedia, but I believe that it is accurate.

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