"It's in bits at the moment, it was pulled apart so it could be transported," Mr Gormlie said.
Classic Flyers, which is in Jean Batten Drive, Mount Maunganui, near Tauranga Airport, was excited to have the jet as part of its collection.
"It's in exemplary condition and really is a beautiful aircraft.
"It hasn't had a lot of flying hours, about 1700, so is fairly new.
"Our aim is to have it assembled into taxi-able condition in about three months, so by Christmas. Then hopefully within a year it should be back in flying condition," he said.
He described that prospect as a boy's dream.
"There are some large parts of the plane, such as the fuselage which is already on display, but a lot of the rest is still boxed up in crates," added Mr Gormlie.
The Classic Flyers chief executive said the museum was looking for people to help create the aircraft display. He said this was a costly exercise and people could help by becoming a Friend of the Trust.
The Classic Flyers museum is open seven days a week from 9.30am-4pm.