Aircraft Auctions Begin to Take-Off in Australia

Lloyds Auctions

With the set-in reality of COVID-19, small aircraft operators are looking for avenues to offload surplus aircraft with the perfect opportunity presenting itself for someone to expand their fleet ready for when the runway takes off again.

Helicopters, aircraft, parts and accessories will go up for auction this Saturday as COVID-19 takes its toll on the aviation industry.

“There are some extremely high-quality aircrafts going up for auction this weekend featuring arguably one of the best Jetranger’s on the market in Australia today,” said Mr. Lee Hames, Chief Operations Officer for Lloyds Auctions.

“The opportunity presents itself for many people who might be looking for a bargain at some high-quality aircraft with people taking the chance during this down time to adapt and plan their business model preparing for when things return back to normal,” continued Mr. Hames

Many aviation enthusiasts know that in the past airspace is hard to come by, so recently hobby pilots or aspiring pilots have the perfect opportunity to log some hours up in their log book across major airports around the country.

The auction features a 1978 Bell Jetranger Helicopter with just over 8000 hours and no expense spared.

“The auction has received much enquiry Nationwide where the current bid on the Bell Jetranger helicopter already sitting at over $500,000 with 4 days to go” said Mr. Hames.

Lloyds Auctions have seen a huge boom in auctions across multiple categories including classic cars, fine art, high end jewellery and now aviation & aircraft over the last few months.

“We are seeing many people looking for alternatives to traditional methods of sales where we have seen an influx of people turning to online auctions for both selling and purchasing of items,” said Mr. Hames.

If you’re interested in bidding on aircraft in this auction Lloyds Auctions are boarding now so fasten your seat belts and prepare to take off because online bidding isopen now at with the final call ending at precisely 10am this Saturday the 26thof September.

To see footage of the aircraft please click here.

For online bidding please click here.

/Public Release.