Dr Peters Group to part-out two A380s

Dr Peters Group, which owns four used A380s, plans to part-out two of them after failing to secure a buyer for the ex-Singapore Airlines (SIA) superjumbos. The first two aircraft were returned to the German investor in late 2017, after the leases expired following 10 years of operation with SIA.

The two A380s will be sold for components, but not scrapped entirely, with the Trent 900 engines leased back to Rolls-Royce for spares.

VAS Aero Services, based in the US, will handle the component sales.

Airbus remains confident in the A380 secondary market and the ability to extend the operator base of the aircraft, despite the reconfiguration cost of US$40 million or more per plane.

The other two A380s owned by Dr Peters Group could ultimately face the same fate.