In my search for 727 drop test info I have read a lot about the plane. Very fast aircraft, but a three person cockpit and 3 rather than 2 engines meant that the operating economics just couldn't compete with the later twins having similar specs and needing no flight engineer.
There were a surprising number of aftermarket mods for the 727 trying to make the operating economics more attractive: winglets, re-engining, etc:
Super 27 (from Wikipedia)
"Speed increased by 50 mph (80 km/h), due to replacement of the two side engines with the JT8D-217 or the JT8D-219, which are also found on many MD-80s, along with the addition of hush kits to the center engine. Winglets were added to some of these aircraft to increase fuel efficiency. This modification was originally developed by Valsan Partners, but was later marketed by Quiet Wing Technologies in Redmond, Washington.
There was at least one proposal to modify the 727 to eliminate the flight engineer position but the program could not generate enough purchase commitments to justify the development cost:
In 1995 Aeroworks and Gull Electronic Systems offered a conversion for a 2-man B727 cockpit, eliminating the F/E position. The "DuoDeck" conversion was reportedly "largely based on the Boeing 737-200 cockpit, and Aeroworks claimed that the 2-man cockpit modification would save B727 operators $350,000-$650,000 an aircraft annually in labour and support costs.
Fedex and UPS flew them for a long time after they disappeared from major airline passenger service, but the 727 is no longer in their freighter fleets.
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