Economy Private jet once owned by Elvis Presley for sale _ again Updated : June 19, 2018 04:40 PM IST The online auction site IronPlanet announced this week that the plane with red velvet seats had returned the market after its current owner bought it last year for $430,000. A previous auction house says Elvis designed the interior that has gold-tone woodwork, red velvet seats and red shag carpet. The plane was owned by Elvis and his father, Vernon Presley. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.