Boeing raises list prices on commercial planes

Mon Dec 13, 2010 4:57pm EST

* Boeing raises list prices on commercial planes

* New prices reflect across-the-board increase of 5.2 pct

* Last price increase was in 2008

ATLANTA, Dec 13 (Reuters) - Boeing Co (BA.N) is raising list prices for its planes as global air travel demand resurges, and also said on Monday that it will stop offering a version of its 787 Dreamliner meant to fly shorter routes.

Boeing Commercial Airplanes spokesman Jim Proulx confirmed the new prices, an across-the-board rise in list prices of about 5.2 percent.

The company said the 787 models show an additional price increase of 5 percent for the 787-8 and 2 percent for the 787-9.

Boeing last raised prices in 2008.

The price of a 737-800, the company's best-selling plane model, is now $80.8 million apiece on average, up from an average of $76.8 million.

After the increase, average list prices for 787 models now range from $185.2 million to $218.1 million.

Boeing has announced production rate increases for the 737 this year, citing strong demand from airlines. It is continuing to assess its delivery schedule for the 787 Dreamliner after a November fire led to the grounding of the test fleet.

The company has said the fire would push back the delivery target of the 787, which is already nearly three years late, from the first quarter of 2011.

Boeing had said earlier this year that it was reviewing plans for the 787-3 version of the Dreamliner after All Nippon Airways (9202.T), the 787 launch customer, switched its orders for the 787-3 plane to longer-range models.

The Dreamliner promises greater fuel efficiency by using durable, lightweight composite materials. The 787-3 model was meant to accommodate up to 330 passengers on routes of up to 3,510 miles (5,650 kilometers), while the 787-8 and 787-9 versions are designed to carry fewer passengers for longer distances.

Shares of Boeing closed down 0.6 percent at $63.79 on the New York Stock Exchange.

(Reporting by Karen Jacobs, additional reporting by Kyle Peterson in Chicago and Tim Hepher in Paris)

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