WOW !! ... from Flight today ...

[rb1957]

"Middle Eastern carrier Emirates is to purchase five more Airbus A380s from an investment company once their lease period expires later this year. Emirates is to pay $40 million for each aircraft,"

A "slightly used" (off lease) A380 is worth $40M ??!!

"Hoffen wir mal, dass alles gut geht !"
General Paulus, Nov 1942, outside Stalingrad after the launch of Operation Uranus.

 

[LittleInch]

Seems to be.

https://simpleflying.com/how-much-does-an-airbus-a380-cost/

New the "list price" was apparently $450 million...

Remember - More details = better answers
Also: If you get a response it's polite to respond to it.

 

[3DDave]

The cost of a white elephant is pretty low.

 

[IRstuff]

Seems like the value proposition is even worse than for a used car ;-)

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[rb1957]

'cept maybe a Pinto ?

"Wir hoffen, dass dieses Mal alles gut gehen wird!"
General Paulus, Nov 1942, outside Stalingrad after the launch of Operation Uranus.

 

[verymadmac]

But did the purchase price include engines, rotatables, etc. Once leasing companys are involved you got to ask did they buy the whole aircraft or just most of it!

 

[rb1957]

I agree you need to know the details to fully understand the deal, but $40M for an empty, partless, hulk of a plane is still an absolute steal.

"Wir hoffen, dass dieses Mal alles gut gehen wird!"
General Paulus, Nov 1942, outside Stalingrad after the launch of Operation Uranus.

 

[MintJulep]

It's not "five more' planes.

Emirates currently leases these five planes. When the leases expire, Emirates will buy them.

https://simpleflying.com/emirates-buy-5-airbus-a380-lessor-200-million/