This potential transfer is part of Greece's broader strategy to offload 108 decommissioned fighters, which includes not only the F-16C/D Block 30 jets but also 24 Mirage 2000-5 Mk. 2 and 33 units of F-4E PI2000 aircraft.
In July 2022, a relevant Greek parliamentary committee gave a positive nod to the sale of these fighter jets and associated equipment, such as spare parts, simulators, instruments, and materials, all valued at 117 million euros. Despite this approval, the sale did not proceed, and the condition of the stored aircraft continued to degrade over time.
The estimated value for the entire fleet of 108 fighters is pegged between 2 to 2.5 billion euros. The 32 F-16C/D Block 30 jets, earmarked for Ukraine, have reportedly undergone two rounds of design upgrades during their service life, utilizing around 60% of their maximum service lifespan.
The future of the 24 Mirage 2000-5 Mk.2 jets remains uncertain, with 14 being newly built and the remainder being upgraded versions of older Mirage 2000EGM/-BGM models. The report also hints at Greece considering India as a potential buyer for its fighter jets.
This development underscores the complex dynamics of international military aid and defense equipment sales, as nations navigate the geopolitical ramifications of supporting Ukraine amidst its ongoing conflict.
