Wednesday, 22 November 2017

Two Boeing 747 jumbo jets sold on Chinese e-shopping website Taobao for $48m



Two Boeing 747 planes have been sold on the Chinese e-shopping website Taobao for more than 320m yuan ($48m; £36m).

 
The jumbo jets are from a defunct cargo company and the court handling the bankruptcy had been trying to sell them for years.


Six previous offline auctions failed and so the planes were eventually put up online.


Highest bidder and new proud owner is Chinese carrier SF Airlines, beating out 25 other interested parties.


Taobao is an online auction website similar to eBay, owned by Chinese e-commerce giant Alibaba.
The planes have been in storage in the cities of Shanghai and Shenzhen since 2013, after their owner, Jade Cargo International, filed for bankruptcy in September that year.


They were seized by a court in the southern city of Shenzhen which since then had been looking for a buyer.




BBC       News.