ValuJet Airlines has sold 15 aircraft and five spare engines "at, or above, the company's book value", as part of a US Federal Aviation Administration order to standardise and shrink its fleet. The transactions reduced ValuJet's debt related to aircraft acquisition and operation by $47 million. They cover seven company-owned aircraft, including three McDonnell Douglas MD-80s and four DC-9-21s, and eight aircraft yet to be delivered, including six MD-80s and two DC-9-31s. ValuJet has 15 aircraft in service and 15 in storage.


Source: Flight International