No, that was the ex Conair B720 that was under overhaul at Monarch, I think for a VIP operation. But during the overhaul severe corrosion was found, and work was stopped. Hence the primer paintwork.This was ex OY-DSK.The aircraft was stored in the run up bay for a couple of years, and then scrapped.
N7201U was the prototype B720, that was also stored, it was white with a Red stripe. See the link
The Starship - Wikipedia, the free encyclopedia
http://www.johnnypowell.net/ Photo Keywords: N7201U
There were also 2 x B707, N751TA which I remember being scrapped and N752TA, which was stored for a while, but I remember seeing it fly out after storage.
http://www.airliners.net/photo/Boein...65bbe0619b34d9
EGGW.