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