Retired Boeing 737NG engines valued at up to $14.2m in parts
Engines removed from retired Boeing 737NG airframes can be worth more than the aircraft itself, according to valuation data, with the rest of the jet holding little residual value once key components are stripped.
A retired Boeing 737NG is worth more broken up than kept whole, according to valuation data cited in an industry analysis. IBA Group figures put the two CFM56-7B engines mounted under its wings at $3.8 million to $7.1 million each in half-life maintenance value — $7.6 million to $14.2 million for the pair.
Aviation valuation expert Rob Mikus showed that once the engines, landing gear and avionics are removed from a 737, the remaining airframe has almost no value. That gap has supported a parts-focused business model. FTAI Aviation owns more than 450 CFM56 engines, according to the analysis.
The figures cover engine values only and do not address airframe pricing, dismantling costs or the condition of individual aircraft.
Sources
- simpleflying.comWhat A Retired Boeing 737's Engines Are Actually Worth