Airport advertises to find owner of jumbo jets

December 9, 2015 1:16 pm

puzzled by the mystery of MH370, Malaysian airport authorities now have
the opposite problem: three Boeing 747 planes left unclaimed at the
country’s main airport. Photo / The Star

There are a few unusually large items lying at the lost-and-found counter of Kuala Lumpur International Airport.
Airports Holdings placed an advertisement Monday in the nation’s
best-selling English daily asking for the “untraceable” owner of three
Boeing 747-200F planes to come and collect them. The planes are parked
at three separate bays at KLIA in Sepang, outside the Malaysian capital,
the Star newspaper ad showed.
“If you fail to collect the
aircraft within 14 days of the date of this notice, we reserve the right
to sell or otherwise dispose of the aircraft pursuant to the Civil
Regulations 1996 and use the money raised to set off any
expenses and debt due to us under the said regulations,” the notice
Out of production since 1991, even the youngest models from
the -200F line would fetch only pennies on the dollar. A freighter from
that year has a market value of about $13.1 million — and a 1978
version would be worth only about 1/10th that sum, according to prices
compiled by aviation consultant Avitas.

That’s a reflection of the planes’ age as well as dwindling
demand for four-engine jets and a slumping air-cargo market. A
factory-fresh 747-8 freighter retails for $379.1 million before the
discounts that are customary in the aerospace industry.
The three
jumbos have been sitting on the KLIA tarmac for more than a year, said
Zainol Mohd. Isa, the contact person listed in the ad. He declined to
say how much in parking fees and other charges were owed to the air
“We have been in communication with the so-called
owner, but they have not been responding to take away the aircraft.
That’s why we go through this process to legalize whatever actions we
want to take,” Zainol said by phone Tuesday. “We want to clear the area,
we want to utilize our parking bay.”
Malaysia Airports and Boeing didn’t reply to emails seeking comment.
least one of the jets was operated by the cargo unit of Malaysia
Airlines, which leased the plane from Air Atlanta Icelandic, a
Kopavogur, Iceland-based lessor providing planes along with crew,
maintenance and insurance services, according to Air
Atlanta Icelandic didn’t reply to an email seeking comment.
of these aircraft from Air Atlanta Icelandic were on wet lease to
MASkargo, but the contract expired in April 2010, MASkargo said in an
e-mail Tuesday.
“We have no further involvement with those aircraft since then,” MASkargo said.

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