QANTAS is putting up for sale 21 ageing Boeing 737-400 aircraft, known as the workhorse of the skies, as it cuts flights due to the uncertain demand for travel. While the sale is a sign of the dire short-term outlook, it will give Qantas a timely boost to its bottom line, with industry estimates that the aircraft could fetch up to $20 million each. Qantas has quietly begun seeking buyers for the first of 21 737-400s, all of which will be put on the block this year. Industry insiders say there is an appetite among low-cost airlines in India and south-east Asia for Qantas's ageing workhorses. [The rest of the story can be found here] http://www.smh.com.au/business/qantas-to-cut-ageing-boeing-fleet-20110403-1ct77.html This can't be a bad move, I am surprised how much these old planes are worth.