Etihad retired all of its 6 A340-600 and 4 A340-500 fleet in 2017, storing them at Teruel in Spain.
European Aviation, a London based company has purchased all of the aircraft for restoration and sale.
The plan is to create layouts of all-business class or luxury interiors for airline specialists. These companies include cruise lines who take their customers out to their ships on long haul destinations, and specialist tour operators who offer round the world luxury flights stopping off at a dozen locations over several days.
Another client type is large sports teams, NFL and Soccer types, on International tours.
Three aircraft have already arrived in Bournemouth, UK and the rest are being prepared to join them.
The Aircraft are barely ten years old and described as being in outstanding condition, with 20 years of life in them.