Copying and distributing are prohibited without permission of the publisher
Feature: Extracting value at a younger age
12 December 2011
The fact that several aircraft have gone to part out earlier than expected might worry investors that the economic life of aircraft is changing.
As you walk through Air Salvage International's (ASI) hangar
at Cotswolds Airport, Kemble it is not the Nimrod aircraft
waiting to be pulled apart that is most intriguing. Despite the
fact that employees of the teardown specialist were not allowed
to enter the aircraft for seven days while armed guards removed
all the data from the aircraft, it is still another plane, that
performed perhaps less exciting missions, sitting just beside
that tells a more interesting story: the seven year old 737-700
awaiting part out.
This is not the youngest aircraft that has gone to part out
in recent months. But for an aircraft that has over 1,000
aircraft in service and orders of over 300 still to be
delivered with limited slots available as Boeing continues to
ramp up production, it is perplexing that there would not be
more interest in the mid-life aircraft.
One remarketer says...
Access to this content is denied because you are not logged in. Please login to view this content
Already have an account?
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Taking a free trial will give you access to the current issue for one week (excluding
some surveys and articles). Start your free trial today.