Two B747-400ERFs Bought at Auction for $49 million

December 11, 2017

The two B747-400ERFs previously operated by defunct Jade Cargo International have been bought for a total of approximately $49 million (322.8 million yuan) during an auction which saw a large number of bidders.

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Mission / Aircraft Values News was created in 1992 to provide independent and informed advice regarding current and future aircraft values, and the factors that affect them, to the air transport community.AVN's core activity is the provision of expert commentary on current and future market values and lease rates. AVN seeks to interpret and analyze current events, enabling readers to more accurately anticipate future market trends. AVN expertise centers on an appreciation that aircraft are a commodity, subject to vagaries of supply and demand. AVN's subscribers comprise decision makers at financial i aft lessors and airlines.