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Two jumbo jets sold for $48 million on a Chinese auction website on Tuesday. 
The Intermediate People’s Court of Shenzhen City auctioned the pair of 747-400 jets on Taobao, a website owned by e-commerce giant Alibaba. 
The planes were originally owned by Jade Cargo International, a Chinese cargo company, according to Xinhua News Agency. But the company filed for bankruptcy in 2013. The court had tried auctioning the jets offline six times since 2015, according to the news agency, but couldn’t find any buyers. 
The court found success online, though. 
“Online auctions are a good way to handle the property of bankrupt firms,” Long Guangwei, the court’s vice president, told Xinhua. 
The winning bid went to …
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