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Elvis And Red Velvet Boost Value of Jet Up for Auction

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Albuquerque, N.M. (AP) -- A private jet once owned by Elvis Presley and featured on the National Geographic Channel is set to be auctioned after sitting on a runway in New Mexico for 30 years.

The red 1962 Lockheed Jetstar, one of many owned by the King of rock 'n' roll, has no engines and needs a restoration of its cockpit. But Elvis designed the interior that has red velvet seats and red shag carpet. The plane had been a source of mystery in Roswell, New Mexico where it has sat largely untouched and tucked away at a small airport's tarmac.