Albania Is Auctioning Off Soviet-Era Fighter Jets Starting at $9,000 – Fortune

In an effort to modernize its decidedly not-modern military, Albania is preparing to auction off a few dozen early Cold War, vintage fighter jets—most of which date back to the late 1940s or 1950s—at prices starting at just around $8,600.

A rush of interest surrounding the auction has already pushed Albanian authorities to push back the event once as well as to consider raising the starting bids for the 40 aircraft up for grabs. It turns out museums and collectors of Cold War and aviation memorabilia from across Europe and the United States have expressed overwhelming interest in the ancient fleet of fighter jets in particular—some of which Albania kept flying up until 2005.

Those aircraft include MiG-15, MiG-17, MiG-19, and MiG-21 fighter jets as well as Yak-18 trainer aircraft and four Mi-4 transport helicopters. Some were procured from the Soviet Union until Albania broke ties with the USSR in 1962. After that, Albania’s communist (and increasingly paranoid) regime continued to procure Soviet aircraft and spare parts from China for another 15 years or so, when relations with that country also deteriorated.

via Albania Is Auctioning Off Soviet-Era Fighter Jets Starting at $9,000 – Fortune.

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