JAL sold 9 747-400's for...


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In case you have missed the press release from yesterday, Japan Airlines (JAL) will retire its entire 747-400 and A300-600 fleet by the end of this fiscal year. JAL has started the process of finding buyers for its plane a while back. And it has sold 9 of the 744's already. Any guess for how much JAL got from these?

According to Transaero Airlines' press release, it has successfully acquired 9 744's from JAL. The 744's will replace Transaero's 747-200's and 747-300's and will be used mainly on international flights. At the same time, they have acquired 5 777's from SQ. The first delivery of these aircraft is scheduled in May.

So how much JAL got from the 744's? The official press release didn't mention the financial details. BUT I found it somewhere else :) According to ATW Daily News, Transaero's spokesperson confirmed the deal is worth $252 million (I am assuming USD here...), so an average of $28M per 744. The listed price of a brand new 744 in 2008 was $234.0-266.5M...I guess 28M is not bad for these old birds.

JAL still have a huge 744 fleet to sell. JAL has 33 to sell, so there could be as much as 24 left (no sure if JAL has sold any other 744's). Anyone interested?

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