How much would it cost to buy a decommissioned 747?

How much would it cost to buy a decommissioned 747?

You may even be able to find them on eBay. Once a jet has been stripped bare of usable parts, its metal frame is redeemed for scrap value. A 747 can fetch up to $55,000 for its scrap alone.

Can you buy a retired plane?

Different people can sell you a ‘retired’ aircraft depending upon what you need or want. There are literally thousands of types of aircraft that are available on the resale market, but you have to be specific in what you want or need.

Can you buy a decommissioned 747?

There are retired 747s at the airport at Mojave, California. You would need to contact an airplane broker there for current pricing. Just keep in mind even a 747 being scrapped has hundreds of thousands of dollars of scrap value.

How much does it cost to buy a decommissioned 777?

Probably somewhere between $10 million and $60 million for a used 777-200ER. The low end is probably too low, just as the high end is — or soon will be — too high. JPMorgan’s analyst thinks a 10-year-old 777 is more accurately priced at around $43 million.

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How much does a used 747 cost?

Depending on numerous factors, the average price for a pre-owned BOEING 747-400 is $3,500,000.00. A $10,000,000.00 loan over 120 months including $41666.67 per month in interest equates to a $501,437.15 per-period payment.

How much does it cost to buy a retired Boeing 747?

Here’s how it works: buy a retired 747 for the paltry sum of $35,000. Register it with the FAA so pilots flying overhead don’t mistake the house for a downed aircraft. Disassemble the 230-foot long, 195-foot wide machine.

What happens when an airplane is retired?

If the value of the parts and components is higher than the whole the plane is replaced, retired, and dismantled. What happens when they retire? When an airplane is no longer operational it oftentimes takes the last flight to a storage airport.

How did Joanne Ussary get a look at a retired Boeing Airplane?

It was a stroke of luck that the Boeing airplane was forced in retirement just as Joanne Ussary, 52, was looking for a new home. With connections to the airport through her brother-in-law Bob Farrow, an air traffic controller at Greenwood Airport, Joanne was able to get a look at the airplane/potential new home.

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When to disassemble an airplane and sell the parts?

Even though the lifespan of an airplane is around 25 years as stated earlier, most airplanes are dismantled when they reach 18 years old. The decision to disassemble an aircraft and sell the parts usually depends on whether the value of its parts and components is higher than that of the airplane as an aircraft.