Iraqi Airways is auctioning off two old Boeing 747s, a 747-200 and a 747SP. The aircraft have been parked at Tozeur-Nefta Airport in Tunisia since the end of the Gulf War in 1991. The 747-200 was delivered to Iraqi Airways in 1982 and was used for passenger flights until the Gulf War. The 747SP was delivered to the airline in 1983 and was used for VIP flights.
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Both aircraft are in poor condition and will require significant maintenance before they can be flown again. The auction is scheduled to take place on August 16, 2023. The starting bid for the 747-200 is $494,000 and the starting bid for the 747SP is $988,000. The auction is being held by the Iraqi Ministry of Finance. The sale of the two 747s is part of Iraqi Airways' efforts to modernize its fleet. The airline has recently taken delivery of several new aircraft, including Boeing 787 Dreamliners and Airbus A320neos.
The auction is open to both domestic and international bidders. The winning bidder will be responsible for transporting the aircraft from Tunisia to their final destination. The auction of the two 747s is a rare opportunity to acquire two historic aircraft. The 747-200 was the first variant of the 747 to enter service and the 747SP was a special long-range version of the aircraft. The sale of the two 747s is also a sign of the changing times for Iraqi Airways. The airline is now focused on modernizing its fleet and expanding its international network. The auction will be held online and interested bidders can register at the Iraqi Ministry of Finance website. The auction will start at 10:00 AM on August 16, 2023.
Why are Iraqi Airways auctioning off their old Boeing 747s?
There are a few reasons why Iraqi Airways is auctioning off their old Boeing 747s. First, the aircraft are in poor condition and would require significant maintenance before they could be flown again. Second, the airline is focused on modernizing its fleet and expanding its international network. The 747s are no longer the most efficient or economical aircraft for these purposes. Third, the auction is a way for the airline to raise some much-needed cash. Iraqi Airways has been struggling financially in recent years and the sale of the 747s will help to improve the airline's balance sheet.
Who is eligible to bid on the 747s?
The auction is open to both domestic and international bidders. However, there are some restrictions on who can bid. For example, only individuals or companies with a valid Iraqi business license are eligible to bid on the 747-200. The 747SP is open to all bidders.
How to register to bid on the 747s?
Interested bidders can register to bid on the 747s at the Iraqi Ministry of Finance website. The registration process is simple and only takes a few minutes to complete.
When is the auction?
The auction will be held on August 16, 2023, at 10:00 AM. The auction will be held online and interested bidders can watch the auction live on the Iraqi Ministry of Finance website.
What is the starting bid for the 747s?
The starting bid for the 747-200 is $494,000 and the starting bid for the 747SP is $988,000. The auction is expected to be competitive and the final sale price of the aircraft could be significantly higher than the starting bids.