British dig team hunts for WWII Spitfire planes in Myanmar

A British team preparing to dig for a rumoured hoard of World War II Spitfire planes in Myanmar said Wednesday it would be one of the most fascinating discoveries in aviation archaeology if they were found.

The team believe there could be 36 of the iconic single-seat British fighter aircraft buried in sealed crates up to 10 metres (33 feet) beneath Yangon International Airport, a wartime airfield, with more at two other sites in Myanmar.

Britain, the former colonial power in what was then Burma, is thought to have buried the brand new planes in 1945 as they were surplus by the time they arrived by sea.

The dig, set to start in early January, has excited military history and aviation enthusiasts around the world.

There are thought to be fewer than 50 airworthy Spitfires left in the world and the digs could potentially double their number if they remain in pristine condition.

"Eyewitnesses talk about 36 being buried in this particular spot, though we do have evidence that there might be more," project leader David Cundall told a briefing at the Imperial War Museum in London.

"They are buried at eight to 10 metres. There's no oxygen down there so we don't think they've corroded.

"It's like opening a can of beans at 67 years old: it's not going to be at its best but if you're hungry, you're going to eat it."

The leaders of the expedition admit that the entire project could end up being a wild goose chase, with no physical evidence that the rare Mark XIV Spitfires exist.

Cundall, a farmer and aircraft enthusiast, has been on the chase for the rumoured lost Spitfires for 16 years.

He first heard of the story from another aircraft recoverer and gathered eight eyewitnesses, including US servicemen who dug the holes and Myanmar locals who shifted teak timber to seal the crates in.

"They all pointed to the same spot", and the same shape of hole, he said.

In a preliminary exploration, a borehole was dug which penetrated a crate and a shape that could be an aeroplane was identified.

Experts determined that there was certainly something metallic at the site and that what is under the surface is not a natural feature.

"We really need to dig it and see what's down there," Cundall said.

Belarus-based strategy game developer Wargaming.net is underwriting the project, estimated at £1 million ($1.6 million, 1.2 million euros) at present.

Cundall's share of any planes found will be 30 percent, his agents will have 20 percent, while the Myanmar government will keep 50 percent, according to agreements they have signed.

The planes' value is not known but the participants insisted they are not motivated by money.

All Cundall's planes will be coming back to Britain and will hopefully be restored to full working order within three years. He said his understanding was that Myanmar's Spitfires will be put up for sale.

Lead archeologist Andy Brockman said it could be "one of the most facinating discoveries in aviation archeology", while it would help fill in the picture about the war in southeast Asia and the commitment Britain was prepared to make.

--

Get stories like this on the Yahoo app and discover more every day.
Download it now.
Loading...
  • Wall Street opens slightly lower as oil falls Reuters - 6 minutes ago

    REUTERS - U.S. stocks opened slightly lower on Tuesday as weak oil prices weighed on energy stocks amid fading hopes of a deal to limit oversupply. The Dow Jones industrial average was down 16.4 points, ... … More »

  • US stocks fall on lower oil, weak trade forecast AFP - 8 minutes ago

    US stocks opened slightly lower Tuesday with petroleum-linked shares retreating on news suggesting a deal of major producers to limit oil output was less likely. Dow member Chevron lost 0.7 percent and ... … More »

  • Britain's Johnson: Rude poem was not brought up in Turkey
    Britain's Johnson: Rude poem was not brought up in Turkey Associated Press - 10 minutes ago

    Visiting Turkey, British Foreign Secretary Boris Johnson said Tuesday that his hosts had not brought up the controversy caused by a rude poem he composed mocking Turkish President Recep Tayyip Erdogan. ... … More »

  • Saudis, Iran dash hopes for OPEC oil deal in Algeria
    Saudis, Iran dash hopes for OPEC oil deal in Algeria Reuters - 19 minutes ago

    Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources said the group and non-member Russia were still trying to bridge differences between the kingdom and Tehran. … More »

  • RUBBER-Tokyo futures prices after evening session September 27 Reuters - 24 minutes ago

    Following are prices for Tokyo rubber futures at the end of the Tokyo market's evening session on Sep 2016. Contract Day Volume Evening Volume * Oct 170.0 21 169.2 8 * Nov 164.0 30 163.8 7 * Dec 163.5 ... … More »

  • Wolseley to cut up to 800 jobs in tough British market Reuters - 39 minutes ago

    Wolseley, which makes about 80 percent of its profit in the United States, said the 80 branch closures would take two or three years, resulting in restructuring charges of about 100 million pounds. Half its shareholders are UK investors. … More »

  • US home prices rose modestly in July Associated Press - 49 minutes ago

    U.S. home prices rose modestly in July, pulled up by strong gains in Portland, Seattle and Denver, a private index says. The Standard & Poor's CoreLogic Case-Shiller 20-city home price index rose 5.1 percent ... … More »

  • Global markets - Europe's bank angst sours U.S. debate rally
    Global markets - Europe's bank angst sours U.S. debate rally Reuters - 55 minutes ago

    Worries about Europe's banks wrenched stocks into reverse on Tuesday and halted a surge in Mexico's peso that followed Democrat Hillary Clinton's victory over Republican Donald Trump in the first U.S. presidential debate. Europe's mood soured as … More »

  • Europe's bank angst sours U.S. debate rally
    Europe's bank angst sours U.S. debate rally Reuters - 58 minutes ago

    Worries about Europe's banks wrenched stocks into reverse on Tuesday and halted a surge in Mexico's peso that followed Democrat Hillary Clinton's victory over Republican Donald Trump in the first U.S. presidential debate. Europe's mood soured as … More »

  • Philippines suspends 20 mines for environmental violations Associated Press - 1 hour 4 minutes ago

    Philippine officials on Tuesday recommended the suspension of 20 more mines, mostly nickel producers, for environmental violations, threatening to tighten supply from the world's top nickel ore exporter. ... … More »

  • 'Operational upset' at Shell's Bukom site - spokeswoman Reuters - 1 hour 15 minutes ago

    SINGAPORE/OSLO (Reuters) - An incident at Royal Dutch Shell's (RDSa.L) manufacturing site at Pulau Bukom in Singapore on Tuesday resulted in flaring with dark smoke at one unit but it has since subsided, a spokeswoman said. Shell declined to give … More »

  • European stocks falter amid Deutsche Bank, trade worries
    European stocks falter amid Deutsche Bank, trade worries Associated Press - 1 hour 19 minutes ago

    European stocks faltered Tuesday as investors worried over Deutsche Bank's outlook, a big decline in oil prices and a sharp downgrade in global trade predictions. The reaction in markets to the first U.S. ... … More »

  • Goldman Sachs' top Southeast Asia investment banker to leave-sources Reuters - 1 hour 21 minutes ago

    The head of Goldman Sachs' investment banking division in Southeast Asia, Michael Smith, is set to leave the bank, two people familiar with the matter said on Tuesday. Based in Singapore, Smith is a partner at Goldman and also heads the bank's … More »

  • Britain's first U.S. shale gas delivery arrives in stormy Scotland Reuters - 1 hour 42 minutes ago

    Britain's first shale gas delivery from the United States sailed into a heated European political debate on fracking on Tuesday and immediately ran into its first practical problem - the Scottish weather. The huge "Ineos Insight" tanker had entered … More »

  • Shell: Fire forces closure of key oil pipeline in Nigeria Associated Press - 1 hour 44 minutes ago

    Shell says a fire has forced it to close a key oil pipeline feeding Nigeria's strategic Bonny Export Terminal, which militants attacked last week. The ongoing challenges are losing oil multinationals billions ... … More »

  • NATO says Aleppo attacks 'blatant violation of international law'
    NATO says Aleppo attacks 'blatant violation of international law' AFP News - 1 hour 52 minutes ago

    NATO head Jens Stoltenberg said Tuesday the "morally totally unacceptable" bombardment of the Syrian city of Aleppo broke international law, and urged Russia to take genuine steps to restore a ceasefire. "The appalling attacks on Aleppo have shaken … More »

  • StanChart refers alleged corruption at Indonesian firm to authorities
    StanChart refers alleged corruption at Indonesian firm to authorities Reuters - 1 hour 54 minutes ago

    Standard Chartered (STAN.L) has referred allegations of impropriety at an Indonesian power company that the bank's private equity arm invested in to the appropriate authorities, the bank said on Tuesday. The Wall Street Journal earlier reported the … More »

  • Turkey dismisses 87 spy agency staff over failed coup
    Turkey dismisses 87 spy agency staff over failed coup AFP News - 1 hour 55 minutes ago

    Turkey has dismissed 87 staff from its spy agency over alleged links to the failed July 15 coup, state media said Tuesday, in the first purge of one of the country's most powerful institutions. National Intelligence Organisation (MIT) has suspended … More »

  • Oil prices slip as hopes for a deal in Algiers fade
    Oil prices slip as hopes for a deal in Algiers fade Reuters - 2 hours 12 minutes ago

    Crude oil futures fell on Tuesday as optimism faded for an output-limiting deal from an oil producer meeting in Algeria that has so far failed to yield any agreement to curb one of the worst supply gluts in history. Saudi Arabia on Tuesday dashed … More »

  • AOL chief Tim Armstrong on the ‘concerning’ Yahoo hack and how he’s convincing workers not to leave post-acquisition
    AOL chief Tim Armstrong on the ‘concerning’ Yahoo hack and how he’s convincing workers not to leave post-acquisition Business Insider - 2 hours 15 minutes ago

    John Lamparski/Getty Images AOL chief executive Tim Armstrong … Continued The post AOL chief Tim Armstrong on the ‘concerning’ Yahoo hack and how he’s convincing workers not to leave post-acquisition appeared first on Business Insider. … More »

  • German companies share success stories of their Malaysian ventures Business Times - 2 hours 17 minutes ago

    BERLIN: German companies have given the thumbs-up to the incentives rolled out by Malaysia, saying they have provided support to their investment story abroad. Jan J.Schmidt-Krayer, who is managing partner of Schmidt + Clemens, said the tax … More »

  • Germany blocks WhatsApp data transfers to Facebook AFP - 2 hours 19 minutes ago

    German data protection authorities on Tuesday said they had blocked Facebook from collecting subscriber data from its subsidiary WhatsApp, citing privacy concerns. Facebook and WhatsApp promised in the ... … More »

  • WTO cuts 2016 world trade growth forecast to 1.7 percent, cites wake-up call
    WTO cuts 2016 world trade growth forecast to 1.7 percent, cites wake-up call Reuters - 2 hours 20 minutes ago

    The World Trade Organization cut its forecast for global trade growth this year by more than a third on Tuesday, reflecting a slowdown in China and falling levels of imports into the United States. The new figure of 1.7 percent, down from the WTO's … More »

  • Schaeuble stirs interest rates debate ahead of Draghi visit
    Schaeuble stirs interest rates debate ahead of Draghi visit Reuters - 2 hours 24 minutes ago

    German Finance Minister Wolfgang Schaeuble called on Tuesday for urgent structural reforms to spur growth to end the era of low interest rates, a day before lawmakers will grill ECB President Mario Draghi about his loose monetary policy. In a guest … More »

  • Singapore urged to get tougher on money-laundering
    Singapore urged to get tougher on money-laundering AFP News - 2 hours 25 minutes ago

    Singapore must take more aggressive action against complex cross-border money-laundering including prosecuting individuals and seizing illicit proceeds, a global financial crimes watchdog said Tuesday. The Paris-based Financial Action Task Force … More »

 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.141+0.003+2.17%
    N21.SI
    3.99+0.03+0.76%
    Z74.SI
    0.155+0.003+1.97%
    AFC.SI
    0.740.000.00%
    BS6.SI
    0.275+0.010+3.77%
    5ME.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.133+0.020+17.70%
    5PF.SI
    0.19+0.03+15.85%
    AWI.SI
    1.48+0.16+12.12%
    S91.SI
    0.198+0.020+11.24%
    M14.SI
    0.60+0.05+9.09%
    AZA.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.255-0.110-30.14%
    AZT.SI
    0.56-0.18-24.32%
    5VJ.SI
    0.395-0.070-15.05%
    K1Q.SI
    0.162-0.028-14.74%
    BGO.SI
    0.122-0.020-14.08%
    569.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3599-0.0003-0.02%
    USDSGD=X
    1.5257-0.0046-0.30%
    EURSGD=X
    1.7649+0.0021+0.12%
    GBPSGD=X
    73.8030+0.079+0.11%
    SGDJPY=X
    5.7001+0.0008+0.01%
    SGDHKD=X
    3.0319-0.0023-0.08%
    SGDMYR=X
    9,524.7754-54.0469-0.56%
    SGDIDR=X
    4.9027+0.0009+0.02%
    SGDCNY=X
    1.0412+0.0026+0.25%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,332.80-11.30-0.84%
    GCZ16.CMX
    19.30-0.30-1.54%
    SIZ16.CMX
    93.01-1.44-1.53%
    ^XAU
    2.17-0.03-1.25%
    HGZ16.CMX
    43.85+0.41+0.94%
    CLV16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.10-0.03
    ^FVX
    1.55-0.04
    ^TNX
    2.28-0.05
    ^TYX