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How much does a junk Boeing 747 cost?

Can I buy a 747? Scrap value of a time expired Boeing 747–100/200 is about US$5m. Of course the older the aircraft the more maintenance headaches you will get. Some people have purchased them to use as novelty hotels, homes, or backpacker hostels in which case the only real cost is that of getting them to location.



A "junk" or "end-of-life" Boeing 747 has a value that is almost entirely dependent on its salvageable parts rather than its weight in scrap metal. In 2026, a decommissioned 747-400 can be worth anywhere from $500,000 to $5 million in the secondhand market. The vast majority of this value—often over 90%—comes from the engines and avionics. A single working engine from a wide-body jet can be sold for over $2 million for refurbishment and reuse in active fleets. Once the high-value components, including the landing gear and auxiliary power unit (APU), have been removed, the remaining "hulk" or aluminum shell is worth significantly less. The aluminum airframe, which can weigh around 150,000 to 200,000 pounds, might only fetch $50,000 to $100,000 as raw scrap metal at current market rates. Some "junk" planes find a unique third life as themed hotels, restaurants, or training facilities for emergency responders, in which case the price is negotiated based on the cost of transporting and reassembling the massive structure rather than its metallurgical value.

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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.

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COST. Today, the newest model of the 747, the 747-8, is on sale from Boeing for $386.8 million US. But if you are interested in buying a second hand 747-200, prices vary widely.

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The most common is by referring to a generic “operating cost per flight hour” figure. Most of the (extremely) generic references I've seen using that metric for a Boeing 747–400 are in the US$25,000 per hour range.

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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.

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Of the 60 Boeing 747 aircraft losses, 32 resulted in no loss of life; in one, a hostage was murdered; and in one, a terrorist died. Some of the aircraft that were declared damaged beyond economical repair were older 747s that sustained relatively minor damage.

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Elevating his status from music mogul to jet-setting icon, Jay-Z owns a Bombardier Challenger 850 ? a $40-million Father's Day gift from his wife, Beyonc?, back in 2012. The Challenger 850 is a distinguished and versatile business jet that exemplifies the epitome of luxury and performance in private aviation.

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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.

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Yes, you can buy planes from an airplane graveyard. An airplane graveyard, also known as a boneyard or aircraft graveyard, is a place where retired and decommissioned aircraft are stored until they are either scrapped, repaired and re-entered into service, or used for spare parts.

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The average hourly cost to charter a Boeing 747 airliner comes in around $35,000 per hour, but that price can fluctuate based on demand, aircraft location, and more.

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