News Any of you guys missing an airplane (or three)?

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Malaysia is seeking the owners of three abandoned Boeing 747s at an airport, believed to belong to a defunct international corporation. Attempts to contact the responsible parties have been unsuccessful, prompting plans to sell the aircraft to reclaim the parking space they occupy. The situation raises questions about the owner's financial status, with speculation that they may have gone bankrupt or died. The article suggests that the abandonment of such valuable assets is unusual and may indicate a deeper legal issue, potentially involving bankruptcy proceedings. The planes, likely worth little due to their age and required maintenance costs, may have been intentionally left behind as the owner opted to erase identification markings. Malaysia Airport Holdings is expected to profit from the sale of the aircraft.
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jtbell said:
Maybe the owner(s) died or something...
Or more probably went bankrupt.
 
Can't remember where I read it now, but apparently the owner is known to be a defunct international corporation.
Attempts were made to contact whoever is responsible for disbursement of the assets but no reply, so the planes will be sold off shortly to retrieve the parking space they are using.
It seems pretty mad to me that there are people in the world who are wealthy enough that losing 3x 747's is trivial matter and unimportant to them.
 
rootone said:
It seems pretty mad to me that there are people in the world who are wealthy enough that losing 3x 747's is trivial matter and unimportant to them.
The articles don't name the owner, but state that it is "known". Why was the owner not named?
The story doesn't make sense. Multi-million dollar assets aren't abandoned, and they certainly aren't left without a paper trail to the owner. The article is probably an attempt to sensationalize some legal procedure (placing an ad in the newspaper) involved in a possible bankruptcy or transfer of ownership. I'm only guessing, but the gist of the article, "abandoned", cannot be true.
 
The plane(s) are probably worth scrap. Every plane after having done a certain number of flight cycles needs a major checkup on all its systems and that includes everything - avionics, fuel tanks, body, electrical cables, hydraulics, ... , plus the necessary upgrades legislated by certain authorities.
For a plane such as the 747 that could mean a 2$ million cost and three months of non-flying when it is not making money for the owner. For what could be a 30 year old plane, and one that is noisy and ever more expensive to operate, the owner I bet choose to dump the plane, erase tail markings for identification and ownership.
Malaysia airport Holdings might be able to a buck for all three.
 
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