Multi-million Airbus used by Iglesia leaders being sold

3-year-old Airbus is now selling for at most only $90 million, much lower than its listed price of $229 million when it was new

MANILA, Philippines – The multi-million-dollar Airbus 330-202 which the leadership of the Iglesia ni Cristo (INC) has been using for trips abroad has been put on the market for “immediate” lease or sale, informed sources told Rappler.

Listed under “used Airbuses” on the myairlease.com site as of May 2015, the Airbus 330-200 had a list price of $229 million (P10.3 billion). Its “used price maximum” was listed as $90.01 million (over P4 billion), while its “used price minimum” was $28.03 million (P1.26 billion).  READ MORE>>>>>>

Source: Multi-million Airbus used by Iglesia leaders being sold