[112012123]

Afraid no link - I'm actually in the process of buying 777s right now at a bit less than that (and then hopefully flipping for 5 apiece). Fresh out of a heavy C check, too.

But if you're curious re:prices, you can call the dealer listed on Controller.com as selling a 777. He's actually got several for sale in that neighborhood (and is super friendly, too - Eric).

[MichaelZuo]

Thanks for the info. Sounds like you got a great deal on those 777s. How much effort does it take to go through one of those flips? I imagine relocation and storage might be a hassle depending on where they’re at.

[112012123]

More complicated than buying a used car, but not horrible. The biggest issue is getting seller alignment.

On the cash front, ferry flights to the US are the biggest expense by far. A 777 burns ~$10,000 in fuel per hour, so positioning from (say) Asia to a boneyard in California adds up quickly... with crew, ferry insurance, landing fees & sundries you end up at $200-$250k. Parking runs around $3-5k per month in the desert, too.

[smabie]

Who do you flip to? Like what do they want to do with it?

Also, is it possible to buy non-airworthy ones and fix them up and sell them as air worthy ones? Or is it too expensive?