Jfkyyz From Canada, joined May 2004, 109 posts, RR: 0 Posted (10 years 8 months 1 week 5 days 12 hours ago) and read 2576 times:
Hey, I was just thinking, JetsGo started in 2002 with, I believe 3 MD-83's. Now, does anyone have any idea what the market prices is for them? Like how much did it cost Michel Leblanc for the aircraft. Any ideas?
57AZ From United States of America, joined Nov 2004, 2586 posts, RR: 2
Reply 1, posted (10 years 8 months 1 week 5 days 10 hours ago) and read 2532 times:
Given the present state of the aircraft market, probably less than $20 million apiece and maybe as low as $10 million. This is a buyer's market and the aircraft prices will be driven even lower once the next airline to go bust (probably US Airways) dumps its aircraft on the market. Right now you can get a good, airworthy DC-10 for anything between $500,000 and $10 million.
"When a man runs on railroads over half of his lifetime he is fit for nothing else-and at times he don't know that."
CaptainGomes From Canada, joined Feb 2001, 6413 posts, RR: 55
Reply 2, posted (10 years 8 months 1 week 5 days 8 hours ago) and read 2481 times:
probably less than $20 million apiece and maybe as low as $10 million
You obviously don't know much about Michel Leblanc! For that price, he can build his entire fleet I'll bet! Remember also, AA was probably happy to get anything at all for the aircraft and not have to face storage costs for all these airplanes, so you can be sure he got them for a steal.
"it's kind of like an Airbus, it's an engineering marvel, but there's no sense of passion" -- J. Clarkson re: Coxster
MEA-707 From Netherlands, joined Nov 1999, 4466 posts, RR: 33
Reply 5, posted (10 years 8 months 1 week 5 days 7 hours ago) and read 2450 times:
The MD-80s were mostly ex Air Liberté and ex Korean Air, and about $ 5 mln a piece. Probably SG didn't even pay that but got finance via banks or trusts for that. The F-100s were as low as $1-2 mln a piece, but prices went up since the Fokker appeared to be more popular, US Airways and American actually expected their fleets would end up for scrap but airlines like Helvetic, Germania and Austrian are now also fighting for them.
nobody has ever died from hard work, but why take the risk?