Abandoned Boeing 767 at Sialkot Airport auctioned for over $400,000

An abandoned Boeing 767 aircraft that had been parked at Sialkot International Airport for nine years has finally been auctioned for more than $400,000.

The aircraft, owned by Fly Jinnah Asia Airways, had been parked at the airport since August 29, 2017.

The auction proceeds will be used to recover outstanding dues that had accumulated against the aircraft during its years at the airport.

The aircraft manufacturer had gone bankrupt, and the unusable plane was auctioned following court orders.

An advertisement issued for the auction had set the reserve price at $400,000.

Despite being declared unusable, the aircraft's engines, seats and landing gear were reportedly in good condition. The plane had previously been used for charter flights.

Sialkot International Airport spokesperson Muhammad Umair Khan confirmed the auction.