What is the scrap value of a 747?

What is the scrap value of a 747? Scrap value of a time expired Boeing 747–100/200 is about US$5m.

How much metal is in a Boeing 747?

The Boeing 747, the first wide-body commercial airliner ever produced and still selling strong, is composed of 147,000 pounds of aluminum?up to 75% of the plane's flyweight?and 110,000 pounds of titanium, as well as a small percentage of other aluminum and steel alloys.

Can you buy a decommissioned 747?

Sure, the 747 is a Type Certified and airworthy aircraft, the FAA does not really care who owns it so long as they play by the rules. Boeing even sells them directly to the private market via their BBJ line. There are even a few used ones listed for sale right now.

How much aluminum is in a 747?

The Boeing 747, the first wide-body commercial airliner ever produced and still selling strong, is composed of 147,000 pounds of aluminum—up to 75% of the plane's flyweight—and 110,000 pounds of titanium, as well as a small percentage of other aluminum and steel alloys.

Who owns a private 747?

Joseph Lau: Boeing 747-8 VIP, $367 million. Sultan of Brunei: Boeing 747-430, $230 million. Roman Abramovich: Boeing 757, $170 million. Kim Kardashian: Gulfstream G650ER, $150 million.

Who owns the last 747?

In a ceremony that was broadcast live online, the aircraft was handed over to its new owner, US air cargo operator Atlas Air, at Boeing's plant in Everett, Washington.

How much is a 747 worth?

Hundreds of millions brand new? According to Boeing's current list prices, a brand new 747-8 would be worth $418.4 million, while its freighter sister is listed slightly higher at $419.2 million.

How much does a scrap airplane cost?

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.

How much does a A380 cost?

The initial purchase price of an Airbus A380 can range from $300 million to $400 million depending on the model and specifications. This is the cost to purchase the aircraft in its current condition and does not include the cost of customization.

Was the 10 year old 747 scrapped?

Earlier this year, a 10-year-old Boeing 747 in VIP configuration was scrapped with just 16 flights on the clock after failing to find a buyer.

What is the lifespan of a 747?

A Boeing 747 can endure about 35,000 pressurization cycles and flights—roughly 135,000 to 165,000 flight hours—before metal fatigue sets in. 747s are retired after approximately 27 years of service.