lmritger wrote:
I recognize the guy you're referring to as JT, but I don't know him from Hogan's goat- I just figured I'd bring this up for discussion because it completely blew me away to learn there was a G3M still above water and given the interest in POF's G4M Betty movement, I didn't (and still don't) really understand why there isn't more of an interest in trying to get these incredibly rare aircraft out of the fetid swamps and into a restoration shop.
Or am I perhaps overestimating the interest in Japanese aircraft which don't include the word "Zero" in their names?
Lynn
justin taylan from pacificwrecks lobbies governments all over from the usa to png to make it extremely hard and expensive to recover aircraft, he tells people that after they are recovered the people recovering them just sell them for huge profits, its not really true because as explained above a wreck can cost a great deal of money to just recover and even then they are just usually striped out crashed rotten shells, they are just patterns and id's for the most part.
restored airworthy warbirds sell in the millions but they are not usually profitable when recovered from the jungle, for example a rebuilt/newbuilt set of P-40 ings without u/c will run about $600,000 at any shop that can do them, add $100k o/h engine, 80k prop if you can find one, a few hundred grand to rebuild the fuselage...there is not much room left in that.
i think jt just sees big numbers and gets jealous and uses the preservation angle to bs people and stirs up the natives.
he would tell natives a busted up wing rotting away is worth 500k then some restorer comes along to get it and natives will get insulted when he makes an offer.
there is a lot of interest in Japanese stuff but its really all about money, im sure if they were near civilization they would get restored.