You Can Buy Yourself an F-16 Combat Jet for $8.5 Million, but Conditions Apply!
Looking to buy a vehicle to show off to your rich friends? A super-cool F-16 plane will surely make heads turn and grab the visitor’s attention if you have $8.5 million to spare. While this amount might sound like a huge amount, the asking price is cheap for a state-of-the-art aircraft. However, don’t bother to buy now as this deal is too good to be true. Ownership of F-16s by civilians is possible after getting from the US State Department’s permission, proper demilitarization, and proper authorizations to own ITAR-controlled goods. And don’t think that you can avoid all this if you buy them from another country, the US Government has to approve the sale and is basically impossible to obtain.
Possibly with the right name, and a lot of money, permission may be secured. Even if an experienced USAF trained F-16 Pilot who won the Congressional Medal of Honour, was granted the permission to purchase this plane, it would be very difficult to maintain this sophisticated machine. In the USAF, a dedicated crew services the plane; it “belongs” to the crew chief, and not the pilot. Former support crew can be hired, and you can even buy surplus support wares, but unless you manage or run a museum with enough investors and volunteers, this is not going to be cheap. You must obtain a two- eater to sell rides. The cost of operations is a fraction of the capital but exceeds $10,000/hr.
F-16s are regarded as the top-notch fighter jets around. But as regular upgrades are undertaken by the US Air Force, the older planes are put up for sale. These surplus aircraft are sold as Excess Defense Articles. There are over 4,600 F-16 fighter jets made by Lockheed Martin, which took over General Dynamics, the company that originally manufactured the planes.
Aircraft broker Jet Lease, which is based out of Palm Beach, Florida, is selling a fighter jet, the powerful F-16A/B Fighting Falcon, which is originally from the country of Jordan. What is different from other F-16s, is that it is not demilitarized and retains combat aircraft features. The leasing firm is selling many similar jets, BM Block 20 Mid-Life-Updates and F-16 AM from Jordan. The Fighting Falcon flies 1,573 miles per hour or Mach 2.05 at 40,000 feet with an initial climb rate of 62,000 feet. With superior features, this hunk of machine can fly 8,000 hours! The jet has just about 6,000 hours and may probably be used for 10 to 15 years. It has a 2,400-mile range and is modernized with several important updates including Link16 data network, GPS-controlled weapons, night-vision helmets, and a Joint Helmet Held Cueing System. It is also fitted with a top-class pulse-Doppler radar.
However, you can’t just write a check, hop on it, and take off. There are strict rules for owning the fighter jet because it is a fully operational combat plane which if fell into wrong hands, could be a public danger. The F-16 is marketed toward air service provider contractors that provide test services for the Pentagon and the Defense Department. The next owners should abide by strict International Traffic in Arms Regulations, which mentions who can operate a F-16 and other weapon systems.The regulation is overseen by the State Department and also covers the Arms Export Control Act. Simply being rich, is not enough. Even Kylie Jenner the youngest self-made billionaire, can’t fly it for a thrilling experience.
More in Top Bank Accounts
A Teenage Girl was Hospitalized for Having Boba Tea Balls Clogging Her Stomach and Now We’re Worried!
Boba shops are now opening all over USA and are no longer restricted to the Taiwanese enclaves they were once set...May 13, 2020
Miss your Pet When Traveling? Book These Hotels if You Want a Furry or Feathered Friend Welcoming You at the Lobby
Do you miss your pet, having left him/her behind when traveling? At some hotels, you get your “I-really-miss-my-pet” fix, all thanks...May 12, 2020
Binge Watched All Hallmark Channel’s Christmas Movies Last Year? Now You Can Visit These Real-Life Movie Towns
What is Christmas without the romance of a Hallmark Christmas movie? Observe how Hallmark holiday magic is made without a casting...May 11, 2020
Air Drake – The 767 Plane Drake Converted into a Flying Oasis Worth $185 Million!
Millionaire musicians aren’t supposed to just fly commercial and it looks like Canadian singer and Rapper Drake takes this to heart,...May 8, 2020
It’s Been 50 Years since Actress Sharon Tate was Murdered by Charles Manson’s Cult. This is Her Story
Sharon Tate, 26 and a successful actress, was killed by cult leader Charles Manson’s followers along with four others, in a...May 8, 2020
The Mysterious Sinks of Kim Kardashian West Explained
When Kim Kardashian West was featured in the Vogue ’73 Questions’ video, that also gave us a glimpse at her minimalist...May 8, 2020
This Victorian-Style Home in the Bay Area Cost Julia Roberts $8.3 Million
Pretty Woman star Julia Roberts is no stranger to the real estate scene in California. Aside from the two properties in...May 7, 2020
Mortgage Rates Hit All-Time Low Amid Coronavirus Fears
There is now a plunge in the United States mortgage rates due to the rising economic impact caused by the coronavirus...May 7, 2020
Russell Crowe Bought a Dinosaur Skull from Leonardo DiCaprio and Sold it at An Auction for Double the Price!
Have you received a package in the mail or by courier that you cannot even remember buying? But when memories of...May 7, 2020