With 694 examples produced, the Boeing 747-400 was the most popular variant of the 747 series. Flown by airlines around the world, this Queen of the Skies model has been increasingly rare in terms of active service. But if one were to lease the jumbo jet, how much would it cost per month? Let’s find out.
According to data from ch-aviation.com, there are currently just 30 747-400s across 16 operators listed as active in the world at the moment. This figure excludes freighters and inactive aircraft, which may, in the future, return to service.
At the same time, the list of 30 does include two testbeds, one operated by General Electric and the other by Rolls-Royce, as well as a number of VIP jets operated by groups like the Dubai Air Wing and Bahrain Royal Flight.
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Data presented by ch-aviation.com, acquired from Collateral Verifications LLC, put the market lease rate for a Boeing 747-400 somewhere between $50,000 and $110,000 per month.
Naturally, the value and cost of the aircraft will vary depending on factors such as:
Without inspecting each 747 individually, the costs presented assume that each individual aircraft is “certified, maintained, and operated under U.S. Federal Aviation Regulation Part 91.”
Finally, it’s stated that the rates provided “represent the current market operating lease rate being paid on a monthly basis by good credits based on the typical lease terms for the aircraft type and do not include any type of maintenance reserves.”
With the above criteria and limitations stated, let’s look at individual jets and what Collateral Verifications has estimated.