24 November 1972: the mysterious “DB Cooper” hijacking

Today in 1972, a man calling himself Dan Cooper parachuted from a hijacked Northwest Airlines Boeing 727 with $200,000 in cash. He has never been found.

Northwest Airlines 727
Cooper traded the passengers for $200,000 in cash, four parachutes and a full tank of fuel when it landed in Seattle
(Image credit: © Bettmann Archive/Getty Images)

On the day before America's Thanksgiving holiday in 1972, a man dressed in a suit and tie, and calling himself Dan Cooper, boarded Northwest Airlines' flight 305 from Portland to Seattle. Soon after take-off, he handed a note to one of the flight attendants, asked her to sit down next to him, and showed her the bomb in his suitcase. Cooper was hijacking the plane. He demanded $200,000 in cash, four parachutes and a full tank of fuel for the plane when it landed in Seattle.

Once on the ground and the cash had been handed over, Cooper allowed the passengers off. Then, with the pilot, co-pilot, flight engineer and one cabin attendant aboard, ordered the plane to head for Mexico. He insisted the plane fly low, slow, and unpressurised.

Once the plane was airborne, he locked everybody in the cockpit, donned one of the parachutes, and lowered the rear stairs. Then, at 10,000 feet he jumped into the night, somewhere over the Cascade mountains. He was never seen again. Many believe he didn't survive the jump. But no parachute or body has ever been found.

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In 1978, a card with instructions for opening the rear stairs of a Boeing 727 was found by a deer hunter in the woods under the plane's flightpath. And in 1980, $5,800 of the ransom money was found on the banks of the Columbia river. But nothing of the man who called himself Dan Cooper, and who the media for some reason called DB Cooper, was ever heard again. Despite over 1,000 suspects being investigated, his true identity has never been known. The FBI's case is still open.

Ben Judge

Ben studied modern languages at London University's Queen Mary College. After dabbling unhappily in local government finance for a while, he went to work for The Scotsman newspaper in Edinburgh. The launch of the paper's website, scotsman.com, in the early years of the dotcom craze, saw Ben move online to manage the Business and Motors channels before becoming deputy editor with responsibility for all aspects of online production for The Scotsman, Scotland on Sunday and the Edinburgh Evening News websites, along with the papers' Edinburgh Festivals website.

Ben joined MoneyWeek as website editor in 2008, just as the Great Financial Crisis was brewing. He has written extensively for the website and magazine, with a particular emphasis on alternative finance and fintech, including blockchain and bitcoin. 

As an early adopter of bitcoin, Ben bought when the price was under $200, but went on to spend it all on foolish fripperies.