Aerospace & Defense

Boeing 777-9X Price Rises to $400 Million

Boeing 777-9X
Source: The Boeing Co.
Boeing Co. (NYSE: BA) released its 2015 price list on Wednesday, and the most expensive commercial jet the company sells is the 777-9X, which carries a list price of $400 million. Boeing raised prices 2.9% on all its commercial planes.

The most expensive commercial plane on the market is the Airbus A380-800, which has a list price of $428 million. The nearest competitor Boeing has to that plane is the 747-8, which now carries a list price of $378.5 million. The A380 can carry as many as 555 passengers, nearly 90 more than the 747-8.

The competition between Boeing and Airbus is hottest in the single-aisle market, where Boeing’s 737 family of planes goes against the A320 Airbus family. The largest of Boeing’s 737 Next Generation (the current version) family still available is the 737-900ER, which carries a price tag of $101.9. The largest of its new, re-engined planes the 737 MAX 9, has a new list price of $116.6 million.

The Airbus A320 family has an average list price of $97 million, and the larger A321 family has an average price of $113.7 million. The re-engined A320neo’s average price is $97.5 million, and the A321neo average is $124.4 million.

Among dual-aisle, twin-engine planes, the Boeing 787-9 Dreamliner now carries a list price of $224.6 million, where the Airbus A350-800 costs $269.5 million and the A350-900 costs $304.8 million. The new A330-900neo, which seats 310 passengers in a standard two-class arrangement, costs an average of $284.6 million.

One other noteworthy change to Boeing’s price list is that the 767-300ER now costs $197.1 million at list price. This plane is one that generates significant cash flow for Boeing and will be replaced by the 777X family when that plane is delivered to customers in 2020.

ALSO READ: Will Boeing Be Able to Replace Legendary CEO?

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