How much does an old 747 cost?

Depending on numerous factors, the average price for a pre-owned BOEING 747-400 is $20,000,000.00. A $10,000,000.00 loan over 120 months including $41666.67 per month in interest equates to a $501,437.15 per-period payment.

How much is a scrapped 747 worth?

A 747 can fetch up to $55,000 for its scrap alone.

How much does an old Boeing 747 cost?

Boeing 747's are very expensive planes, with the latest variant, the 747-8, costing around $450 million, but older discontinued models, like the Boeing 747-400, can cost as little as $10 million.

How much does a 747 cost to buy?

In 2019, a single 747-8 Intercontinental cost $418.4 million. Meanwhile, the freighter variant was for sale for $419.2 million per unit. Comparing the cost of the initial 747-100, the price of the 747-8 is lower after taking inflation into account.

Can I buy an old 747?

As long as you follow the proper regulations for private jets, there is no reason why you couldn't buy and fly a 747. The oldest 747-8 is only ~8 years old. It's not that second hand ones aren't occasionally offered up for sale, but if you're restricting yourself to the -8, don't expect a lot of great deals.

How Much Is A Boeing 747-400 Worth In 2021?

Can you buy a retired plane?

Secondhand market. Of course, not all aircraft are scrapped as soon as their operating airline is finished with them. There is a strong trade in secondhand aircraft, and many airlines are willing to purchase a used aircraft rather than a much more expensive new one.

How much does a boneyard 747 cost?

The “book value” on a 747-8i is about $380 million, and industry sources told Air Force Magazine the Air Force would be getting a “deal” on the aircraft, which, though they have been in storage, are not technically “used” since they were never operated in airline service.

How much do 747 pilots make?

The national average salary for a Boeing 747 Pilot is $56,896 per year in United States.

How much does an old plane cost?

Depending on the place, condition, and age of the aircraft, customers are able to buy them from $10,000 to $30,000. Generally modern airliners are around 100 feet (30 m) long and the wing span is about the same. That means that there is a minimum land requirement of about one acre (4,000 m²).

Are 747s still made?

Ending an era, Boeing's final four 747s—747-8F freighter variants—are expected to be delivered later this year to Atlas Air Worldwide. With the delivery of UPS' (NYSE: UPS) final 747-8F order, Boeing (NYSE: BA) is closing in on the end of production for the historic jetliner that changed aviation forever.

How much does it cost to fill a 747 with fuel?

Seats to fill

A 747 can seat 380 to 560 people, depending on how an airline sets it up. A full one is a moneymaker. But an airline that can't fill all the seats has to spread the cost of 63,000 gallons of jet fuel — roughly $200,000 — among fewer passengers. The jets also are too big for most markets.

How much does it cost to fly a 747 per hour?

More engines lead to higher prices. The average airborne operating cost of a Boeing 747-400 is between $24,000 and $27,000 per hour, around $39.08 to $43.97 per mile, using approximately $15,374 in fuel per hour.

How much does it cost to rent a 747 airplane?

Boeing 747-400 Private Charter Flights and Prices

The B747-400, best known as the world's fastest commercial jetliner, has the capability of carrying up to 660 passengers in a partial double deck configuration. The average hourly rental rate of the Boeing 747-400 is around 30,950 USD per hour.

How many 747 are still in service?

Airline operators

There were 444 Boeing 747 aircraft in active airline service as of May 2022, comprising 6 747-100s, 18 747-200s, 4 747-300s, 266 747-400s, and 150 747-8s. These aircraft are listed by airline operator and variant in the following table.

Who is the highest paid pilot in the world?

Jet blue Airways:

It pays its first officer pilots about $89,000 within the first years of service. Within 12 years of the pilot's work, he earns $180,000. The captains are the highest paid airline pilots and they earn from $234,000 to $269,000.

How much do 777 pilots make?

The top pay for a Delta Airlines Captain is approximately $205,000, but those flying a Boeing 777 can potentially earn $298,500 per year plus bonuses, or as much as $350,000 in one year.

What do FedEx pilots make?

Flying for FedEx is the highest-paying job among U.S. carriers, with 30-year pilots making roughly $300,000 not counting overtime or bonuses, industry sources said.

Can you buy a plane from the bone yard?

We do not offer tours, and we do not own aircraft, sell aircraft, or maintain a parts inventory.

Where do retired 747s go?

Last year's 747 retirements now gathering dust in California

The final plane, VH-OEJ Wunula, headed off to a boneyard in California in July. Various models of the 747 had flown for Qantas since 1971. Of the six retired last year, all have ended up gathering dust. All except one are now at the Mojave Air and Space Port.

How much fuel does a 747 burn per hour?

The four engines of the Boeing 747 Jumbo Jet burn approximately 10 to 11 tonnes of fuel an hour when in the cruise. This equates to roughly 1 gallon (approximately 4 litres) of fuel every second. It can carry a maximum of 238,604 liters of fuel and it has a range of about 7,790 nautical miles.

How much does it cost to land an airplane at an airport?

Landing fees vary by airport and usually depend on the size and weight of the aircraft. Expect fees to be in the $100 to $500 range. Sometimes these fees are waived if your aircraft is refueling at the airport. The fees are used to maintain runways and airport buildings.

How much does a used 747 400 cost?

Depending on numerous factors, the average price for a pre-owned BOEING 747-400 is $20,000,000.00. A $10,000,000.00 loan over 120 months including $41666.67 per month in interest equates to a $501,437.15 per-period payment.

How much does a Boeing 747 400 cost?

Current Cost $ 228 million - $ 260 million U.S.