First A380 flown in anger to be broken up for parts

Date 2018/6/13 11:31:00 | Topic: Bus./Industry

Owner can’t find anyone to fly the thing profitably

 

 


By Simon Sharwood, APAC Editor 12 Jun 2018 at 06:29

 

On October 25th, 2007 Singapore Airlines flight SQ380 departed Changi Airport bound for Sydney, Australia, marking the first commercial flight of the Airbus A380. But the plane that made that flight won’t ever take to the air again and will instead be broken up for parts.

The A380, airframe number MSN003, wasn’t Singapore Airlines property: the carrier leased it from German investment concern the Dr. Peters Group for ten years. That lease expired in late 2017 and Dr. Peters therefore took possession of the plane and tried to find someone to operate it.

Without success: Dr. Peters tried to do lease deals with British Airways, Portuguese charter airline Hi Fly and Iran Air, but couldn’t strike a deal on terms it liked.

The company has therefore announced that it will sell the plane’s parts.

 “The main reason … is that many airlines currently using the A380-800 will have a high demand for individual replacement components due to upcoming maintenance intervals,” the company’s announcement says, explaining that selling parts will deliver a better outcome to its investors than either a lease or sale of the plane and another early A380 Singapore Airlines sent back.

Dr Peters CEO Anselm Gehling said “The market for the A380-800 aircraft type has not developed positively in recent years.”

 

[…]

https://www.theregister.co.uk/2018/06/ ... o_be_broken_up_for_parts/

 

 





This article comes from Ukraine Business Online
http://www.ukrainebusiness.com.ua

The URL for this story is:
http://www.ukrainebusiness.com.ua/modules/news/article.php?storyid=20375