The Argentine Presidential Transport 757, also known as "Tango Cero Uno", has been out of service and stored at El Palomar (EPA) airport / military base since December 2015. It is up for sale at the reduced asking price of US$ 1.5 million, down from the previous US$ 2.5 million listing.
The aircraft was delivered directly by Boeing to the Argentine government in July 1992 and, as would be expected with a government VIP transport aircraft, it has accumulated little time, apparently fewer than 20,000 hours, a fraction of the time that a 757-200 would log in a similar number of years in airline service.
Nonetheless, the aircraft has had a couple of incidents including a hard emergency landing at El Palomar (EPA) on 19Oct04 after an inflight engine fire. It is also due for heavy maintenance and repairs with an estimated bill of US$ 20 million for all the work. If it were to continue in a VIP role, its executive interior would probably have to be extensively modified and updated to the tastes of any potential buyers. A conversion to cargo service would be costly with the interior having to be ripped out and a large cargo door added. Most of all though, the estimated $ 20 million maintenance and repair bill has sadly made the aircraft primarily a candidate for parting out with any useful spare parts to be sold for re-use.
Sources:
https://es.wikipedia.org/wiki/Tango_01
http://www.lanacion.com.ar/2024621-hot-sale-en-la-casa-rosada-el-gobierno-bajo-el-precio-del-tango-01
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