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Boeing raises list prices on commercial aircraft

14-Dec-2010 11:45 AM

Boeing Commercial Airplanes spokesman Jim Proulx stated the manufacturer is raising list prices for its aircraft (Reuters/Bloomberg, 13-Dec-2010). The new prices are an across-the-board increase in list prices of approximately 5.2%. The company added that the list price of the B787-8 will be raised by 5% with a 2% increase for the B787-9. After the increase, average list prices for B787 models now range from USD185.2 million to USD218.1 million and average around USD201.7 million across the two models. The price of the B737-800 is now USD80.8 million per aircraft, up from an average of USD76.8 million, while average prices have been raised from around USD69.3 million to around USD71.4 million. The B777 list price has increased from USD146 million to around USD258.2 million. Boeing last raised prices in 2008 with an average 2.6% increase, following a 5.6% increase in 2007. The company stated higher costs for wages, goods and services are the reason behind the increase.