Won’t You Please Buy A Used Airbus A380?
Why not buy some used Airbus A380s and start your own airline?
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August 8, 2019 - by Michael Goldstein for forbes.com
Are you looking for a great new entrepreneurial opportunity? Why not buy some used Airbus A380s and start your own airline?
Second-hand aircraft have been a launching pad for billionaires from Sir Richard Branson, who started Virgin Atlantic with a used 747, to the late Kirk Kerkorian, who turned a used DC-3 into an airline asset he later parlayed into ownership of MGM.
Such an opportunity may be here again for the right (and well-financed) entrepreneur.
Since Airbus announced the coming end of A380 manufacture, airlines like Singapore, Lufthansa and most recently Air France have been rushing towards the exits of A380 ownership. Reports are that seven Airbus A380 aircraft are in storage in France, almost 3% of the total of 238 manufactured. A pair have reportedly been scrapped.
There's just one problem. The budding airline entrepreneur will need to figure out how to make money with the airplane...
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