Tuesday, February 1, 2022

Economics of Narco planes

A total of 288 kilos of cocaine was found inside a Cessna that crash landed after being shot down in Perdenales, Dominican Republic in October 2021. Dominican Republic security forces said the haul was worth $4m. Depending on air worthiness, the average price for a Cessna 310 is about $100k.
The luxury narco jet busted Dec 15 in Guatemala was transporting 1,028 kilos of cocaine. At roughly $10k per kilo in Mexico the cargo was worth at least $10.2m. The acquisition cost of a Gulfstream III is around $900k.
A jet filled with cocaine landed on a rough strip in a Guatemalan jungle on Jan 27, 2020. Traffickers had emptied the plane's cargo. An air force pilot flew the Hawker Siddeley HS 125/Hawker 800 out again. The aircraft is known for its hardy airframe and landing gear. Early planes can cost $200k.
On February 27th, 2020, a Gulfstream II business jet loaded with 69 bales of cocaine on board was busted in Belize. The 2,070 kgs set a new record. GII jet aircraft are largely out of service making them cheap to acquire for this type of one-way flight. They can be had for several hundred thousand dollars, or less. They can also carry a large payload.