Airbus raises aircraft prices on weaker dollar, escalating raw material costs

22 Apr 2008

1

Paris: Airbus, one of the world's two largest aircraft manufacturers along with Boeing,  unveiled a general price increase for its aircraft  on Tuesday, blaming the move on the weaker dollar exchange rate and higher raw material prices.

It said new prices will apply from 1 May.

"On top of the 2.74 per cent normal escalation for the year 2007, the price increase comprises an additional $2 million per single-aisle aircraft and $4 million per wide-body long range and A380 Family aircraft," Airbus said in a statement. 

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