How much is a scrap Boeing 747 worth?

Once a jet has been stripped bare of usable parts, its metal frame is redeemed for scrap value. A 747 can fetch up to $55,000 for its scrap alone.

How much is an old Boeing 747?

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 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 many 747 have been scrapped?

As of July 2020, a total of 61 Boeing 747 aircraft, or just under 4% of the total number of 747s built, first flown commercially in 1970, have been involved in accidents and incidents resulting in a hull loss, meaning that the aircraft was either destroyed or damaged beyond economical repair.

Where do old 747s go?

The iconic jumbo jet is the biggest victim of the airliner cull, and the world’s largest operator has retired its entire 747 fleet. Some retired planes are converted to freighters. The global market for recycled plane parts will be worth $6 billion by 2022.

How much does a 747 cost to fuel?

If we take the price of jet fuel in 2020, which is $1.43 per gallon, we can see that it costs between $69,212 to $82,690 to fully fuel a Boeing 747 depending on the aircraft variant. However, the price of jet fuel was very low in 2020 due to the Covid pandemic.

How much does a retired airplane cost?

Depending on the place, condition, and age of the aircraft, customers are able to buy them from $10,000 to $30,000.

Can I visit an airplane graveyard?

Virtually all airplane boneyards and storage facilities are limited access sites. Boneyards typically do not allow visitors and do not provide tours.