This week on eBay: a Chinese businessman Zhang Cheng bought a Soviet MiG-21F fighter jet. The price was just $25,000. That's a bargain. I wonder if he'll be able to import the jet to China? Cheng stated, "I have the buying power and my company has an empty space where I can display the plane."
From the Cavanaugh Flight Museum:
The MiG-21 was the first Soviet fighter capable of flying faster than twice the speed of sound. Its revolutionary delta wing design offered excellent handling characteristics, a high top speed and a respectable pay load. This potent combination of speed, agility and powerful armament made the MiG-21 one of the most competent and successful fighters of the 1960s and 1970s. MiG-21s saw extensive combat action in such diverse conflicts as Vietnam, the Arab-Israeli Wars, the Iran-Iraq War, Afghanistan and Desert Storm.
What's Driving This Trend
- Private Arms Sale Trend
- The trend of private arms sale allows for unique business opportunities in the arms industry.
- Online Marketplace Trend
- The online marketplaces trend provides opportunities for businesses to reach a broader audience and accelerate sales.
- Historical Artifacts Collecting Trend
- The trend of collecting historical artifacts provides a unique investment opportunity for businesses looking to enter the collectibles industry.
Who This Affects Most
- Defense Industry
- The defense industry could benefit from the trend of private arms sales and the interest in acquiring military-grade equipment for display purposes.
- E-commerce Industry
- The e-commerce industry can benefit from the growing trend of online marketplaces to facilitate private sales of products like the MiG-21 fighter jet.
- Collectibles Industry
- The collectibles industry can benefit from the trend of collecting historical artifacts such as military equipment, potentially partnering with private sellers to acquire unique items for sale.
