Milk, bread, soy sauce…and a Boeing 747 freighter

On line retailers like Amazon have been in the news recently with their efforts to start up their own air cargo operations, but this is the first time, to our knowledge, that it has been possible to buy a full-sized freighter aircraft online.
Hong Kong newspaper, The Standard reports that three Boeing 747-400 freighters that belonged to insolvent Chinese carrier Jade Cargo will be offered on Taobao, the shopping platform of China’s e-commerce giant Alibaba, as part of a judicial auction.
The auction will open on November 20, with a starting price ranging from 123 million to 135 million yuan ($18.5-20.4 million) each.
According to the newspaper, the planes have already been put up for sale six times through more conventional channels since October 2015 but have failed to find buyers.
While they are fairly good aircraft, the amount of time they have been out of action means they could need a fairly extensive and costly overhaul, sources said, with a single million dollar figure more likely to attract buyers.
Two of the planes are at Shanghai’s Pudong International Airport and the third at Bao’an International Airport in Shenzhen. 

Share this story

Related Topics

Latest freighter operator news

Astral Aviation appoints chief commercial officer

By Rebecca Jeffrey

Astral Aviation has appointed Patricia Odida as chief commercial officer, effective April 1. Odida was previously head of cargo optimisation,…

Read More

Share this story

Aeronaves continues freighter fleet expansion

By Damian Brett

Freighter operator Aeronaves TSM has ordered an additional B737 conversion from Aeronautical Engineers, Inc as it continues to expand its…

Read More

Share this story

UPS appoints country manager for Italy

By Rebecca Jeffrey

UPS has appointed Francisco (Paco) Conejo as the new country manager for UPS Italy. Conejo will oversee UPS’s operations, business development,…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.