In order to cover the growing costs of materials and labor, Boeing announced today that it was increasing its list prices for all of its airplanes by 5.5%.
The price increases includes the 787 Dreamliner set to be introduced next month. The cost of a Dreamliner is expected to increase from $146M to around $200M by this Thursday.
Boeing spokesman Jim Condelles said that the price increase is “generally consistent with the inflation rate for manufactured goods”.
Going on past record, Boeing does increase its list prices every year. However, the latest annual increase seems to be much higher than Boeing’s 10-year average of 4.5 percent, Bloomberg News reported, quoting Boeing spokesman Jim Proulx.
Prices for Boeing 737s, which have racked up more than 7,000 orders in over 40 years on the market, jumped to $50 million to $85 million, from a range of $47 million to $80.5 million in 2006.
Boeing’s list prices are generally based on different configurations for each type of aircraft.
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