How Much Does A Boeing Plane Cost?

‍Curious about Boeing plane prices? Costs vary by model & factors, but we can provide an overview of popular models.

The price of a Boeing plane can vary greatly depending on a number of factors, including the model, the specifications, and whether it is new or used. However, to give you a rough idea, the prices of Boeing planes can range from around $89.1 million USD to $442.2 million USD.

As experienced pilots and aviation enthusiasts, you can trust us to provide you with accurate and up-to-date information on the topic of Boeing planes and their costs. We have extensively researched this topic and consulted with industry experts to ensure that the information we provide is reliable and trustworthy. So, whether you're a plane enthusiast or someone who is simply curious about the topic, you can rest assured that you're in good hands.

‍Boeing Planes Overview

Boeing is one of the world's largest aircraft manufacturers, producing a wide range of commercial and military aircraft.

The company has been in business since 1916 and is headquartered in Chicago, Illinois. Boeing is known for producing some of the most iconic planes in aviation history, including the 747 and the 777.

737

Boeing's 737 is the company's most popular plane, with over 10,000 units produced since its introduction in 1967. The 737 is a narrow-body plane that can carry up to 230 passengers. The latest version of the plane is the 737 MAX, which features new engines and improved aerodynamics. The average list price for a 737 MAX 7 is $99.7 million, while a 737-700 costs $89.1 million.

747

The Boeing 747, also known as the "Jumbo Jet," is one of the most recognizable planes in the world. The 747 is a wide-body plane that can carry up to 660 passengers. The latest version of the plane is the 747-8, which features new engines and improved fuel efficiency. The average list price for a 747-8 is $418.4 million.

777

The Boeing 777 is a wide-body plane that can carry up to 396 passengers. The latest version of the plane is the 777X, which features new engines and improved fuel efficiency. The average list price for a 777-9 is $442 million.

Boeing Plane Prices

As an aviation enthusiast, I am often asked about the cost of Boeing planes. After conducting some research and analyzing the data, I have found that the prices of Boeing planes can vary greatly depending on the model and specific features.

In this section, I will break down the different aspects of Boeing plane prices, including list price, purchase costs, and operating costs.

List Price

Boeing planes have a list price that is determined by the manufacturer. This price is often used as a reference point for negotiations between the airline and the manufacturer.

According to Simple Flying, the cheapest Boeing model is the 737-700, with a list price of $89.1 million. The 737 MAX 7 is the only other Boeing model with an average list price below $100 million, at $99.7 million.

Purchase Costs

The actual purchase price of a Boeing plane can vary greatly from the list price. The purchase price is affected by several factors, including the number of planes ordered, the specific features requested by the airline, and negotiations between the airline and the manufacturer.

According to Pilot Passion, the cost of Boeing planes ranges between $89.1 million USD and $112.6 million USD.

Operating Costs

If you are wondering how much does a Boeing plane cost, you need to consider the aircraft’s operational costs. These costs include fuel, maintenance, crew salaries, and other expenses associated with operating the aircraft.

According to Controller, operating costs can vary depending on the specific model and age of the aircraft. For example, a Boeing 737-800 has an estimated operating cost of $2,500-$3,000 per hour, while a Boeing 747-400 has an estimated operating cost of $25,000-$31,000 per hour.

Boeing 737

As one of the most popular narrowbodies in the world, the Boeing 737 family has been a mainstay of commercial aviation for decades.

With a range of variants, the 737 has been able to serve a wide range of airlines, from low-cost carriers to full-service airlines. In this section, we'll take a look at the different variants of the 737 and their prices.

737-700

The 737-700 Boeing aircraft is the smallest variant of the 737 family and has a capacity of around 126 seats.

It has a range of around 3,500 nautical miles and is often used by low-cost carriers for short- to medium-haul flights. As of 2023, the average list price for a 737-700 is just under $90 million.

737-800

The 737-800 is a larger variant of the 737 family and has a capacity of around 162 seats. It has a range of around 3,100 nautical miles and is often used by full-service airlines for short- to medium-haul flights.

As of 2021, the current market value of a 737-800 is around $7.63 million, down a staggering 92% from the 2021 list price.

737 MAX

The 737 MAX is the newest variant of the 737 family and has been in service since 2017. It comes in four different variants: the MAX 7, MAX 8, MAX 9, and MAX 10.

The MAX 7 has a capacity of around 153 seats, while the MAX 8 can seat up to 178 passengers. The MAX 9 and MAX 10 have capacities of around 193 and 204 seats, respectively.

The MAX series boasts improved fuel efficiency and range over previous 737 models. However, the MAX has been plagued by safety concerns and was grounded for over a year following two fatal crashes. As of 2023, the average list price for a MAX 7 is around $99.7 million.

Boeing 747

As one of the most iconic planes in aviation history, the Boeing 747 has been a favorite among airlines and passengers alike. The 747 is a widebody aircraft that can seat up to 660 passengers, depending on the configuration chosen by the airline.

The 747 has been produced in several variants over the years, with the latest being the 747-8. This variant is longer than its predecessor, the 747-400, and can carry more passengers and cargo. The 747-8 has a length of 250 feet and 2 inches, making it the longest commercial aircraft in the world.

747-8

According to Simple Flying, a new 747-8 is worth $418.4 million, while its freighter sister is a bit pricier at $419.2 million.

However, airlines rarely pay the list price of planes, with discounts usually applied depending on a customer's status with the manufacturer and the order size.

The 747-8 has been ordered by several airlines, including Lufthansa and Korean Air. The plane has a range of 8,000 nautical miles and can fly up to a speed of Mach 0.86. The cabin of the 747-8 is spacious and can be configured to include first-class, business-class, and economy-class seating.

In terms of cargo capacity, the 747-8 can carry up to 46 cargo containers, making it a popular choice for freight airlines. The plane also has a unique hump on the upper deck, which can be used for additional cargo or as a lounge area for passengers.

Boeing 777

As one of the most popular wide-body aircraft in the world, the Boeing 777 has been a favorite of airlines since its introduction in the 1990s.

With a range of up to 8,555 nautical miles, the 777 has been used for both short and long-haul flights, making it a versatile option for airlines.

777-9

The latest addition to the 777 family, the 777-9, has a list price of $442.2 million according to Statista. With a range of up to 7,285 nautical miles, the 777-9 has the power to transport passengers across long distances.

In terms of performance, the 777-9 is equipped with two GE9X engines, which provide up to 105,000 pounds of thrust each. This allows the aircraft to reach a maximum cruise speed of 590 miles per hour.

Inside the cabin, the 777-9 offers a spacious and comfortable environment for passengers. With a maximum seating capacity of up to 426 passengers, airlines have the option to configure the cabin in a variety of ways, including first class, business class, premium economy, and economy.

Boeing 787

I've always been fascinated by the Boeing 787 Dreamliner. It's a beautiful aircraft that has been praised for its fuel efficiency and passenger comfort. But how much does it actually cost to buy one of these planes?

According to Aerocorner, the list price for a Boeing 787-9 Dreamliner is $292.5 million as of 2020. That's a pretty hefty price tag, but it's important to remember that most airlines often negotiate discounts on bulk orders.

In terms of performance, the Boeing 787 Dreamliner is a real standout. It has a range of up to 8,000 nautical miles and can fly at a cruising speed of Mach 0.85. This makes it a great choice for long-haul flights, and many major airlines have ordered the Dreamliner for this reason.

Boeing's website lists the current orders for the 787 Dreamliner, and as of June 2023, there are over 1,500 orders for the aircraft. This shows just how popular the Dreamliner has become in the aviation industry.

Used Boeing Planes

As with any high-value asset, buying a pre-owned Boeing can be a great way to save money. However, it's important to do your research and make sure you're getting a good deal.

Flight Hours

One of the most important factors to consider when buying a used plane is its flight hours. The more hours a plane has flown, the more wear and tear it has experienced. This can lead to higher maintenance costs and a shorter lifespan for the plane.

Market & Re-Sale Value

Another important factor is the plane's value. While buying a used plane can save you money upfront, it's important to make sure you're not overpaying. Research the market value for the specific model and age of the plane you're considering to make sure you're getting a fair price.

Online Resources

There are many websites and brokers that specialize in selling used planes, such as Controller.com. These sites can be great resources for finding used Boeing planes from the transportation industry or private sellers.

Overall, buying a used Boeing plane can be a great way to save money, but it's important to do your due diligence and make sure you're getting a good deal.

Hidden Costs of Buying a Boesing Plane

When it comes to analyzing the cost of Boeing planes, external factors play a significant role. Economic, political, and environmental factors can all impact the cost of producing and selling these aircraft.

Trade Policies

According to a report by the Congressional Research Service, trade policies can have a major impact on the cost of Boeing planes.

For example, tariffs on imported materials or components used in the production of Boeing planes can increase costs for the company. Additionally, changes in fuel prices can impact the cost of operating and maintaining these planes, which can in turn impact pricing.

Environmental Regulations

Another external factor that can impact the cost of Boeing planes is environmental regulations. As the aviation industry seeks to reduce its carbon footprint, new regulations may be introduced that require aircraft manufacturers to use more expensive, eco-friendly materials or technologies.

This can increase the cost of producing and selling Boeing planes. A report by the International Council on Clean Transportation found that implementing new environmental regulations could increase the cost of producing a Boeing 787 by up to $4.8 million.

Political Complications

Finally, political instability can also impact the cost of Boeing planes. For example, changes in government policies or regulations can impact demand for these aircraft, which can in turn impact pricing.

Additionally, geopolitical tensions or conflicts can disrupt supply chains or impact the availability of certain materials or components, which can increase costs for Boeing.

A report by the Center for Strategic and International Studies found that political instability can have a significant impact on the aerospace industry, with disruptions to supply chains and production processes leading to increased costs and delays.

Boeing Planes vs. Airbus

When it comes to comparing Boeing planes to Airbus planes, there are a few key differences to consider. While both companies produce high-quality aircraft, there are some notable variations in their offerings.

Design & Philosophy

One of the most significant differences between Boeing and Airbus planes is their design philosophy.

Boeing has traditionally focused on creating planes that are more efficient and cost-effective. Airbus, on the other hand, has prioritized passenger comfort and luxury.

Plane Size

Another important factor to consider is the size of the planes. While both companies produce planes of various sizes, Airbus is known for its larger planes, such as the Airbus A380.

These planes are designed to carry more passengers and offer more amenities, such as private suites and lounges.

Price

When it comes to pricing, both Boeing and Airbus planes can be quite expensive. However, there are some differences in the average cost of their planes.

According to Statista, the average price of a Boeing 737-700 is just under $90 million, while the Boeing 777-9 is priced at $442 million. Meanwhile, Airbus planes such as the A320neo and A330neo have average prices of $110.6 million and $296.4 million, respectively.

Ultimately, the choice between Boeing and Airbus planes will depend on a variety of factors, including the airline's specific needs and priorities. While both companies produce high-quality aircraft, there are some key differences that may make one option more appealing than the other.

Factors to Consider

When it comes to buying a Boeing plane, there are numerous factors to consider. The cost of acquiring a Boeing plane is just one of the many considerations. Below are some of the factors to consider when buying a Boeing plane:

Size

The size of the plane is a significant factor to consider when buying a Boeing plane. The larger the plane, the more it will cost.

For example, the Boeing 737-700, which is among the least expensive models, has an average price of just under $90 million, while the Boeing 777-9, which is among the most expensive models, is priced at $442 million.

Age

Whether it’s 737s or expensive passenger jets, the age of the aircraft can significantly impact its value. Older planes are generally cheaper than new aircraft.

For example, older 777s go for between $306.6 and $375.5 million, while newer 787s go for between $248.3 and $292.5 million.

Configuration

The configuration of the plane is another factor to consider when buying a Boeing plane.

The configuration of a plane refers to the number of seats, the type of seats, and the amenities on board. The more luxurious the configuration, the more expensive the plane will be.

Maintenance Costs

Planes cost a lot to maintain and you want to make sure calculate these expenses when evaluating aircraft.

The maintenance costs of a plane include the cost of routine maintenance, repairs, and upgrades. The more complex the plane, the more expensive the maintenance costs will be.

Fuel Efficiency

Fuel efficiency is another factor to consider when buying a Boeing plane. The fuel efficiency of a plane refers to the amount of fuel that the plane uses to fly a certain distance.

The more fuel-efficient the plane, the more cost-effective it will be in the long run.

Resale Value

The resale value of the plane is also a factor to consider when buying a Boeing plane.

The resale value of a plane refers to the amount of money that the plane can be sold for after it has been used. The higher the resale value, the more valuable the plane will be in the long run.

Private Pilot

Unless you are an experienced pilot, you may need to have a private pilot staffed to operate your Boeing aircraft. Make sure to consider the cost of hiring a private pilot when buying a Boeing plane.