Why A Flyable Boeing 777-300ER Just Sold For $12.5 Million After Being Grounded For 7 Years

A Boeing 777-300ER aircraft, previously grounded for seven years, recently sold for an astounding $12.5 million. This represents a significant investment for the buyer, though it’s only the initial cost of acquisition. The sale highlights a potential opportunity for refurbishment and reactivation following its extended period out of service. Details regarding the specific reasons for the grounding remain undisclosed at this time. Interested parties are now focused on the substantial undertaking required to bring the aircraft back into operational status.