Boeing Raises 2018 Commercial Jet Prices by 4.1%

Earlier this week, Boeing Co. (NYSE: BA) raised prices on its commercial jets. Unlike rival Airbus, the company did not make an announcement of the change.

Boeing kept its price list unchanged for two years (2015 and 2016) before raising prices about 2% across the board last year. For 2017 the price increase is 4.1% across the board. Airbus raised 2018 prices by 2% across the board.

There are a few odd things about the price list. For example, the company’s 767-300ER remains on the list with a new, higher price even though Boeing hasn’t produced one for several years. The even older 777-200ER also remains on the price list, and Boeing hasn’t built one of those for an even longer period.

The only addition to the list is the 737 MAX 10 that Boeing introduced at the Paris Air Show last year. No airplanes were deleted from the 2017 list.

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Here’s the full 2018 Boeing price list:

737 Family
737-700: $85.8 million
737-800: $102.2 million
737-900ER: $108.4 million
737 MAX 7: $96.0 million
737 MAX 8: $117.1 million
737 MAX 200: $120.2 million
737 MAX 9: $124.1 million
737 MAX 10: $129.9 million (first time offered)

747 Family
747-8: $402.9 million
747-8 Freighter: $403.6 million

767 Family
767-2C: n/a
767-300ER: $209.8 million
767-300 Freighter: $212.2 million

777 Family
777-200ER: $295.2 million
777-200LR: $334.0 million
777-300ER: $361.5 million
777 Freighter: $339.2 million
777-8: $394.9 million
777-9: $425.8 million

787 Family
787-8: $239.0 million
787-9: $281.6 million
787-10: $325.8 million

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The 767-2C is the airframe on which the company builds its KC-46A tanker. Boeing’s order book shows 38 orders for the 767-2C as of December.

Boeing shares dropped more than 3% on Thursday to close at $340.16, in a 52-week range of $157.29 to $352.23. Shares traded up about 0.6% in Friday’s premarket session at $342.20. The stock’s 12-month consensus price target is $340.04.

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