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Author Topic: Is the demise of the first generation DC8-10 & 20 approaching?  (Read 92 times)

Offline FreedomAir

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Lessors are reporting a near collapse in the second hand prices for DC8-10 and 20 models which started a couple of months ago.  The first delivery of B727-100 to airlines this month is being reflected in a significant shift away from the use of the early short bodied DC8-10 and 20 models.  Airlines which six months ago were keen to acquire DC8-10 at up to $18 m each are leaving them with lessors at the much reduced price of $12 m.

DIRECT Air a significant user of the DC8 has announced it expects to return its 10 X early model DC8-10 and 20's to their lessors over the next year as the first of its on order 200 x B727-100's are delivered.  Expect to see the trickle of early model DC8-10 and 20's become a steady stream of planes being parked up for new owners at prices as low as $6 to $8 million each.  These so called bargain basement prices reflect the B727 three Pratt and Whitney engines use under half the fuel per passenger mile in a typical airline configuration to these thirty first generation jets that lack the range to be switched to North Atlantic flights.

 

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