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

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Discussion Overview

The discussion revolves around the circumstances surrounding abandoned Boeing 747s at an airport in Malaysia, exploring potential reasons for their abandonment, ownership issues, and the financial implications of maintaining such aircraft. The conversation touches on themes of wealth, corporate responsibility, and the logistics of aircraft ownership.

Discussion Character

  • Debate/contested
  • Exploratory
  • Conceptual clarification

Main Points Raised

  • Some participants suggest that the owners of the abandoned planes may have died or gone bankrupt.
  • Others mention that the owner is believed to be a defunct international corporation, with attempts to contact responsible parties yielding no response.
  • One participant expresses disbelief that multi-million dollar assets could be abandoned without a clear paper trail, speculating that the article may be sensationalizing a legal procedure related to bankruptcy.
  • Another participant discusses the high costs associated with maintaining older aircraft, suggesting that the planes may have been abandoned due to the financial burden of necessary upgrades and checks.
  • Concerns are raised about the implications of wealthy individuals or corporations treating such significant assets as trivial.

Areas of Agreement / Disagreement

Participants express differing views on the reasons for the abandonment of the planes, with no consensus on the ownership situation or the motivations behind the actions taken regarding the aircraft.

Contextual Notes

There are unresolved assumptions regarding the financial status of the owners, the legal processes involved in asset disbursement, and the specific conditions of the aircraft that may influence their abandonment.

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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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