How much is a 747 worth?

COST. Today, the newest model of the 747, the 747-8, is on sale from Boeing for $386.8 million US.

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 a 747 8f cost?

It's time to answer the big question. How much is the Queen of the Skies worth in 2021? According to Boeing, the current list price of a passenger 747-8 would be $418.4 million. With that said, the manufacturer no longer sells the passenger variant, with the production of the freight variant wrapping up soon.

How much does a 747 cost to build?

Cost to Build

The estimated cost of a Boeing 747-8 is $350 million, and Boeing currently produces one 747-8 every two months. The Boeing 747-8's direct competitor, the Airbus A380 has an estimated manufacturing cost of $400 million.

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

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.

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.

Can I buy a used 747?

There are no 747s available at the moment, but an answer on Quora, the Q&A website, estimates that used one might cost between $10million and $100million.

Who owns a 747?

Prince Al Waleed bin Talal's private 747-400

The world's second-largest private jet, a Boeing 747-400, belongs to Prince Al Waleed bin Talal. Number 45 on Forbes' list of the wealthiest people in the world, the Saudi Arabian royal and investor owns chunks of companies across the US, Europe, and the Middle East.

How many Boeing 747 are there in the world?

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.

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 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 much does it cost to lease a 747?

Data presented by ch-aviation.com, acquired from Collateral Verifications LLC, put the market lease rate for a Boeing 747-400 somewhere between $50,000 and $110,000 per month. Naturally, the value and cost of the aircraft will vary depending on factors such as: Age.

How much does jet fuel cost?

Worldwide, the average price of jet fuel is about $4.15 per gallon, or about 149 percent more than a year ago, according to the International Air Transport Association (IATA).

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 fuel does a Boeing 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 is a used 747 engine?

The 747-400 model has three engine options available: PW 4056, GE CF6, and RR RB211. These engines are also used on other aircraft, which will help in finding the prices. The CF6 engine has a list price of about $11 million (from an A330 order in 2009, higher thrust version; $12.2 million in 2015 USD¹).

How much does the Air Force One cost?

In 2018, Boeing came to an agreement with then-president Trump to develop and build two new Air Force One airplanes for a fixed price of $3.9 billion.

How much aluminum is in a 747?

Take the Boeing 747-400, for example. According to a post in the Science-Based Life blog, the 747-400 consists of 147,000 pounds (66,150 kg) of high-strength aluminum. That's almost 75 tons of aluminum (along with 171 miles (274 km) of wiring and 5 miles (8 km) of tubing!)

How much does the pilot of Air Force One get paid?

Presidential pilots earn the same base salary as any other pilot with their rank and experience. According to the 2020 military pay charts, a pilot flying Air Force One would make somewhere in the region of $134,124 USD per year.

Can someone own an airport?

Building your own airport is an often-heard aviation goal that is achieved more often than you might imagine. Of the more than 19,000 airports listed in the U.S., more than 14,000 are privately owned.

How much fuel does a 747 use on takeoff?

How Much Fuel Does a Boeing 747 Use During Takeoff? A typical Boeing 747 passenger jet burns approximately 5,000 gallons (about 19,000 liters) of fuel during takeoff and as it climbs to cruising altitude. This means that a 747 burns through 10% of its total fuel capacity during takeoff alone.

How much was Kim's jet?

Here's what we know about Kim Kardashian's plane cost.

Kim purchased a Gulfstream G65OER in 2021 from the Gulfstream brand Jeff and Elon Musk co-own. Per TheThings, the reality star bought the airplane for $95 million, which was $25 million more than Jeff's plane.

Can you buy old planes?

That's right, just like a used car, you can buy your very own Soviet military aircraft, a staple of the Russian and Soviet air forces, sold to militaries within its communist sphere of influence including China, North Korea, and North Vietnam and used in aerial confrontations with American and allied forces.