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KK Lee

747-200F for sale at KUL

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Highly doubt these are worth anything other than scrap metal value these days , especially considering these are less efficient planes that have been idle for a while.

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What price range are we looking at? For personal usage might be difficult to get loan but Jumbo hotel or restaurant might be able to.

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Out of production since 1991, even the youngest models from the -200F line would fetch only pennies on the dollar. A freighter from that year has a market value of about $13.1 million -- and a 1978 version would be worth only about 1/10th that sum, according to prices compiled by aviation consultant Avitas.

 

http://www.bloomberg.com/news/articles/2015-12-08/did-you-forget-your-planes-airport-takes-out-ad-to-locate-owner

 

Just in case anyone is interested in the value and intended to buy.

Edited by KK Lee

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"In December 2015, three former Air Atlanta Icelandic Boeing 747 registered TF-ARH, TF-ARM and TF-ARN were reported abandoned at Kuala Lumpur International Airport. Air Atlanta Icelandic senior vice president of sales and marketing Baldvin M. Hermannsson said that the three aircraft did belong to Air Atlanta, but were returned to their owner in 2010. [6][7][8]"

 

From Wikipedia.

 

Those planes were operated by Air Atlanta, which leased them to MasKargo back then. But the real owner is probably unknown as most likelyit was owned by some one-dollar company owning one plane at one time. This is just like looking at ownership certificates of MH aircrafts, they are actually owned by companies with names like "MSN-12345 aeroplane" bwsed in Delaware or Cayman Islands or Tokyo whatsoever. This is just like our cars, actually owned by the bank until you finished paying the loan.

 

Anyway those B742s, 2 were scrapped earlier and those 3 will most likely be scrapped in the near future.

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From the MalaysianInsider

"The owner of the three Boeing 747 planes left unclaimed at the Kuala Lumpur International Airport has come forward to say that they have been in consistent contact with Malaysia Airports Holdings Bhd (MAHB), The Star reported. Captain Blue Peterson, chief executive of Swift Air Cargo reportedly said the three planes were owned by the company since June 8 this year. -

See more at: http://www.themalaysianinsider.com/malaysia/article/owner-of-unclaimed-planes-in-constant-contact-with-airport-operator-say

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Captain Blue Peterson, chief executive of Swift Air Cargo reportedly said the three planes were owned by the company since June 8 this year. -

 

 

There was an American by the same name working as a B734 captain with MH in the late 90s.

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This news is apparently becoming very popular worldwide, some with very nice video reports:

 

TO THE joy of newsites everywhere keen for something quirky to report over the Christmas period (mea culpa), last week Kuala Lumpur International Airport (KLIA) admitted that it could not trace the owners of three jumbo jets that had been parked on its tarmac for over a year. In a newspaper advert, the operators of the airport appealed for the owners of the “untraceable” 747s to come forward, otherwise it would sell them and use the proceeds to pay for the accrued parking charges and the like. - The Economist

 

The Economist: http://www.economist.com/blogs/gulliver/2015/12/plane-not-simple?fsrc=scn/fb/te/bl/ed/planenotsimplehasthemysteryofkualalumpurairportsuntraceablejumbosbeensolved

 

BBC: http://www.bbc.co.uk/news/world-asia-35043937

 

CNN: http://edition.cnn.com/2015/12/08/aviation/malaysia-aviation-airport-abandoned-aircraft/index.html

 

Bloomberg: http://www.bloomberg.com/news/articles/2015-12-08/did-you-forget-your-planes-airport-takes-out-ad-to-locate-owner

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