First price rise in two years
Airbus has increased the list price of all its aircraft by an average of 5.8 per cent. The price increase is the first since January 2008, and applies for all new aircraft from the beginning of January 2010. The price increases were calculated according to the Airbus standard escalation formula over the January 2008 to January 2010 period. We have tried to keep prices down for as long as we can, said John Leahy, Chief Operating Officer, Customers. However, even with record aircraft deliveries and impressive orders in recent years, the continuing strength of the Euro against the US Dollar and the ongoing financial challenges ahead have forced us to take action. An ongoing US Dollar weakness, an increased cost of materials as well as commodities are all factors in the decision. In its 40 year history, Airbus has become the leading aircraft manufacturer with the most modern and comprehensive family of airliners on the market, ranging in capacity from 100 to more than 500 seats. In this time, Airbus has sold almost 9,500 and delivered over 6,000 aircraft since the first airliner entered service in 1974. Airbus' backlog stands at almost 3,500 aircraft.