A Boeing 747 configured as a private VIP jet is being scrapped after having spent just 30 hours in service over 16 flights.
The aircraft, originally intended for a Saudi royal, sat on the ground for almost 10 years at EuroAirport Basel Mulhouse Freiburg, located at the border between France, Switzerland and Germany. There, it was meant to be fitted with a lavish interior, but that never happened, and after failing to find a new buyer, the plane was eventually flown to Pinal Airpark in Arizona – an aircraft boneyard where retired planes get stripped for parts or stored indefinitely.
But it never sold. “No one apart from a Saudi head of state is going to want a private, four-engine business jet,” says Richard Aboulafia, an aviation analyst at AeroDynamic Advisory. “You can’t convert just one aircraft to cargo, and nobody wants a passenger version. As a consequence, the parts and especially the engines, are worth far more than the airplane.” One major hurdle to a sale was the high cost of fitting the interior.
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