Simplify the following text for a Grade 13 native English-speaking person.
Original: The design of the 727 was thought up as a compromise between United Airlines , American Airlines , and Eastern Air Lines and their requirements for a jet plane to fly to smaller cities , many with shorter runways and less passenger demand than the 707 , a bigger plane that was the only jet airplane made by Boeing at the time .
Simplified: The Boeing 727 design was a compromise between United Airlines , American Airlines , and Eastern Air Lines requirements for a jet airliner to serve smaller cities with shorter runways and fewer passengers .