Gadhafi, the dictator who was killed Oct. 20, 2011, had bought the Airbus 340 for $120 million from Saudi Arabian Price al-Waleed bin Talal in 2003.
Revolutionaries captured the jet at the Tripoli International Airport in 2011.
The plane was damaged during the Libyan revolution and sent to Airbus for repairs and an overhaul, the Libya Herald reported.
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