Core Viewpoint - The aviation industry is facing challenges related to the aging fleet, with a significant number of aircraft approaching retirement, necessitating effective disposal strategies to maximize their value and sustainability [3][7][10]. Aircraft Delivery and Retirement - A Boeing 737MAX was delivered to China after a two-month hiatus due to tariffs, marking a resumption of aircraft deliveries from Boeing to China [1]. - The retirement of older aircraft, such as a Boeing 737-700, involves complex disassembly processes, resulting in the recovery of over 1000 reusable parts [2]. Aging Fleet and Market Dynamics - The average retirement age for commercial aircraft is 25 years, with Chinese airlines facing an aging fleet issue in the next decade, as over 100 aircraft are expected to enter mid-life each year [3][8]. - Various disposal methods for retired aircraft include training for aviation schools, temporary storage, conversion to cargo planes, complete disassembly, and auctioning [4][5][6]. Challenges in Aircraft Disposal - The auction market for large aircraft is struggling, with high initial prices and complex regulatory requirements deterring potential buyers [5][9]. - The disassembly of aircraft is a complex process requiring specialized skills and equipment, often taking weeks or months to complete [7][10]. Financial and Technical Considerations - The financial aspect plays a crucial role in aircraft disposal, with leasing companies providing support throughout the aircraft's lifecycle, from valuation to re-leasing [10][11]. - Recent collaborations among leasing companies and airlines aim to enhance the efficiency of aircraft disposal and maximize asset value [11][12]. Policy and Market Development - Regions like Tianjin and Xiamen are actively developing frameworks to support the second-hand aircraft market, including financial incentives and improved regulatory environments [12].