Airlines find used-jet buyers scant

Idled aircraft sucking up cash, being peddled overseas

By BY MARY SCHLANGENSTEIN BLOOMBERG NEWS

Photo by Bloomberg News

American Airlines flights are serviced at their gates at Lambert-St. Louis International Airport in this May photo.

ADVERSTISMENT

American Airlines, United Airlines and Continental Airlines Inc., stung by fuel costs and a drop in traffic, face a new challenge of what to do with planes valued at $2 billion now idled or set to be grounded through 2009.

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