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Airbus aircraft list prices to increase from Jan-2011

19-Jan-2011 8:42 AM

Airbus announced (18-Jan-2011) it has increased the average list price of its aircraft by 4.4%. The increment applies for all new aircraft from the beginning of Jan-2011, apart from the A380, which has been increased by 8.4%. The A380’s additional price adjustment reflects "the type’s outstanding revenue-generating performance now being demonstrated in airline service". The overall 4.4% increment has been calculated according to the Airbus standard escalation formula over the Jan-2010 to Jan-2011 period. [more]

Airbus:As we continue to ramp-up production rates to meet the unprecedented global demand for Airbus aircraft, the required industrial investments we are making, coupled with a weak [US] dollar, necessitates raising our aircraft prices across the board. Moreover, the A380’s further price adjustment reflects the type’s exceptional value it clearly generates for its operators, with whom it has exceeded all expectations in service," John Leahy, Airbus Chief Operating Officer, Customers. Source: Airbus, 18-Jan-2011.