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Eastern pointed out, equipment sold in "package deals" brings lower prices. For example, when it sold its 10 DC-4 aircraft for $450,000 each, the aircraft were worth more individually, but because of its desire to dispose of such aircraft as a "package" it was willing to accept a price below the market for individual aircraft. The same reasoning would apply to the DC-3 aircraft now owned by Colonial. Eastern proposes to sell Colonial's DC-3s when aquired and the DC-4s in the near future. If it disposes of this equipment in "package deals" as it did with the DC-4s which it formerly owned, the price which it would get probably would be lower than the current quotations in individual aircraft. Regardless of how the equipment may be resold, it is being purchased as a "package deal" under this agreement. Under such circumstances the sale price of equipment sold in lots provides a better gauge to actual value.

It is to be noted that United recently sold DC-3 aircraft in a "package deal" for $75,000 each. After allowing for the cost which would be incurred in such sales, it must be concluded that Eastern's appraisal of Colonial's DC-3 aircraft is above actual market value. With respect to Colonial's DC-4 aircraft, Eastern's appraisal is approximately the same price which it received for its DC-4 in the "package deal". The only difference is that in the sale of Eastern's equipment spare parts of an undisclosed value were included.