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This 1998 Bombardier CRJ200 jet is available, but has been “partially stripped,” according to auction documents. The current offer values it at R230,750, but the offers have not yet reached the reserve price.
- Eight planes owned by state airline SA Express will be up for auction next month.
- But they are in no condition to fly, and some were even ruled out by the South African Civil Aviation Authority.
- The likely new owner of SA Express only wants its routes and landing rights, not the planes.
- For more articles, go to www.BusinessInsider.co.za.
Eight planes owned by state-owned regional carrier SA Express will be up for auction next month, but they will most likely not fly again.
SA Express was put into provisional liquidation in April this year after its business rescue process failed.
A group called FlySax, which includes some of the airline’s former employees, was selected as the preferred bidder.
But FlySax does not plan to buy any of SA Express’ mobile assets, only the company itself, which includes routes, landing rights and certain regulatory licenses that have not expired, says US consultancy and corporate readiness group GoIndustry DoveBid Africa in a sentence.
It will manage the SA Express auction on November 18.
The online auction will include assets such as eight Bombardier CRJ200 jets, which are not airworthy, and some have even been scrapped by the South African Civil Aviation Authority.
“Partially stripped”, the highest bid for this 1998 Bombardier CRJ200 aircraft is – so far – R52,000.
Also included are jet engines, auxiliary power units, rotaries and spare parts for the aircraft, including airplane tires.
A high-bypass turbofan engine is also available as part of the auction.
The current supply for these airplane tires is around the R36,000 mark.
But some potential buyers won’t be able to view assets before bidding.
Because the assets are primarily located at the Johannesburg OR Tambo airport, which is a restricted national hotspot, stakeholders without the necessary permits will not be able to view the assets, says GoIndustry DoveBid Africa.
“(They) will have to make a purchase based on our full descriptions and photos provided. This is an inescapable circumstance.
Non-aviation assets such as office furniture will be auctioned later.
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