Jetlease Palm Beach which is the largest private aircraft leasing company in the world is selling 80’s made F-16A/B Fighting Falcon acquired from Jordan for sale at a unit price of $8.5 million per unit, which according to the company has not been demilitarized and is Block 20 Mid-Life-Update jets which can be put back into service if required.

The chatter in the Pakistani defense community is that Pakistan Air Force (PAF) might or already have approached Jetlease Palm Beach to purchase this jet and along with other three similar jets that are with the company and are for sale.

In Total PAF plans to acquire at least 8 F-16s which have been retired from various operators due to age and due to obsolescence of technology. Many close allies like Turkey which have excess F-16 in its fleet will also sell them an older lot to fill the void left by the loss of some aircraft in accidents off late.

F-16 acquired by PAF in early 80 continues to remain the front line jets in Pakistan’s Arsenal after Joint venture with China on the development of JF-17 couldn’t get desired boosts in the capabilities.

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