Transport

Used Boeing 747-400s are cheaper than ever

Excerpt from Businessweek

Jun 24, 2012 8:32 am

Skift Take

Higher fuel prices and a shift to either smaller 777s or larger Airbus models are leaving little space for the one-time “Queen of the Skies.”

— Jason Clampet

Sponsored by:

Register Now for Skift Global Forum

Back in the late ’80s, global airlines scrambled to place orders for Boeing’s (BA) 747-400 widebody, then the industry’s most coveted aircraft for its sheer size, high-tech cockpit, and creature comforts. Now, ten-year-old passenger 747-400s are worth a record-low $36 million, about 10 percent less than similarly aged planes last year.

Read the Complete Story →

Tags:

Next Up

More on Skift

Skift Business Traveler: Hilton’s Smartphone Strategy is the Future of Hotel Checkins
Hotels Need to Rework Loyalty Programs to Capture Millennials
3 Failing Strategies Behind European Legacy Airlines’ Battle With Ryanair
What Today’s Global Business Travelers Need In a Corporate Travel Program