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how much does it cost to build a boeing 787

by Aubree Durgan Published 2 years ago Updated 2 years ago
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Airlines never pay list price for a plane, and the actual price for a 787-8 is reported to be around $117 million. One analyst estimated that the cost to build one of these planes is about $232 million, which means that Boeing is losing $115 million on each plane it sells.Jun 17, 2014

What is the fuel consumption of a Boeing 787?

Boeing 787 fuel consumption per hour Boeing 787-10. · In fact, the 747-8 burns roughly like 747-400 emboîture 10,300 kg / h but takes more passengers, Knowing the maximum range and weight of the aircraft, it is easy to calculate the fuel consumption of A350-1000 and 787-10, For the A350-100, this is approximately 6400 kg / h for 787-10 embout ...

What is the list price of a Boeing 787?

The top price for a new 787 is set by the top price for a used version of the plane. For a 787-9, CV shows a minimum used price of $119.6 million and a maximum price for a used copy of $142.8 million. The 787-8’s used price ranges from a minimum of $83.71 million to $117.07 million.

What is the maximum speed of a Boeing 787?

Top Speed: 587 mph. Price: 194.0--205.5 milion. When the 787-9 aircraft was launched, it had the same fuel capacity as the other two models: Boeing 787-8 and Boeing 787-3. The stretched 787-9 ...

What is the Boeing 787 Dreamliner maximum fuel capacity?

This equates to roughly 1 gallon (approximately 4 litres) of fuel every second. It can carry a maximum of 238,604 liters of fuel and it has a range of about 7,790 nautical miles. Boeing 787 Dreamliner FUEL ECONOMY more than hybrid car!!!

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How much does a 787 Dreamliner cost?

In 2019, the list price for a 787-8 was US$248.3M, $292.5M for a 787-9, and $338.4M for a 787-10.

How many 787 does Boeing build a year?

Commercial Airplanes Fact SheetAircraftProduction RateBacklog767 Learn more3 / mo96 airplanes777 Learn more2/mo (777 and 777X combined)71 airplanes777X Learn more231 airplanes787 Learn moreCurrently producing at very low rates until deliveries resume407 airplanes2 more rows

How much is a 787 max cost?

Boeing's 737 aircraft series have emerged as the company's best sellers. The Boeing 737 twinjet is a shorter, more economical model similar to Boeing's 727 and 707....Average prices for Boeing aircraft as of March 2021, by type (in million U.S. dollars)Aircraft typePrice in million U.S. dollars787-8248.3787-9292.511 more rows•Jul 27, 2022

How much does it cost to fly a 787?

Cost Per ASM (US Cents)AircraftCarrierTotal787-800American$8,482A330-200Delta$7,016767-400United$7,127A330-200American$8,91420 more rows

How long can a 787 fly without refueling?

6,400 milesA Boeing 787 Dreamliner operated by United Airlines takes off from Los Angeles International Airport. The Boeing 787-10 can fly for more than 6,400 miles without needing to refuel. United Airlines is deploying it for a route that's less than half as long.

Why is 787 so special?

Cleaner, more comfortable air: The 787 combines new filtration, better pressure and more humidity to help passengers feel less dryness and fatigue. Smoother Ride Technology: Sensors on the 787 sense and dampen turbulence for a more comfortable ride and less motion sickness.

How much fuel does a 787 burn per hour?

about 5400 litresA Boeing 787-9 burns about 5400 litres of fuel per hour. At a cruising speed of 900km/h, that equates to 600 litres/100km. On average, a modern family-size vehicle uses about 8 litres/100km, or 75 times less fuel.

How much does a Boeing 787 engine cost?

The Rolls-Royce Trent 1000 engine, one of two engines for the Boeing 787 jetliner, costs about $20 million at list price.

Why is the 787 called the Dreamliner?

0:382:08Why is the 787 called the Dreamliner ? - YouTubeYouTubeStart of suggested clipEnd of suggested clipIn 2005 it was renamed 787. The 787 was designed to be much more efficient. It did this by usingMoreIn 2005 it was renamed 787. The 787 was designed to be much more efficient. It did this by using composite to build most of the plane instead of aluminum which made the plane. Lighter.

How much do 787 pilots make?

Pilots at US carriers can work up to 100 hours per month and up to 1,000 hours per year, though in practice most pilots are going to fly closer to 900 hours per year. For example, a 12th year captain on the 777, 787, or A330, is making $293 per hour. At 900 hours per year, that's ~$264,000 per year.

Who owns the only private Boeing 787 Dreamliner?

Luxury has landed in US custody. Russian oligarch Roman Abramovich's reported $350 million Boeing 787 Dreamliner — one of the most expensive private jets in the world — and his smaller $60 million Gulfstream G650ER, were both seized under a US court order issued on Monday, The Post reported.

Can you buy Boeing 787?

More about the Boeing 787 9 Dreamliner VIP The Boeing 787 Dreamliner-VIP is more than an extravagantly luxurious VIP airliner; it is a VIP airliner of epic proportions. At a buying price of $153 million, the Dreamliner-VIP displays some of the absolute highest levels of luxury that can possibly be purchased.

How long does it take to produce a 787?

Boeing 787 Series: 25-40 days. Airbus A350 Series: ~2.5-3 months. Boeing 777: 50-60 days (~17 for assembly!) Boeing 747-8i: 3-4 months.

What is wrong with the 787 Dreamliner?

Boeing has not delivered any new 787 passenger jets to airlines since May 2021, when for a second time safety regulators halted deliveries because they found production flaws in the planes, such as unacceptable gaps between fuselage panels.

Where is the Boeing 787 Dreamliner manufactured?

In October 2020, shortly after the first manufacturing flaws were found, Boeing announced that it would end production of the 787 on the original assembly line in Everett and consolidate that work in South Carolina.

Where is 787 assembled?

Boeing South Carolina is an airplane assembly facility built by Boeing in North Charleston, South Carolina, United States. Located on the grounds of the joint-use Charleston Air Force Base and Charleston International Airport, the site is the final assembly and delivery point for the Boeing 787 Dreamliner.

How much does a 787-10 cost?

At a list price of $306.1 million, the 787-10 is the most expensive in the Dreamliner family. In a two-class configuration the plane carries 330 passengers on flights of up to 6,430 nautical miles (about 7,400 statute miles).

When will the 787-10 be delivered?

That aircraft is expected to make its first test flight sometime next year, and the first customer delivery (to Singapore Airlines) is scheduled for 2018.

How much did the 2005 Boeing 777-300ER cost?

A 2005 777-300ER seating 316 passengers is available for an asking price of $82.5 million through Controller. A new 777-300ER is listed for $339.6 million by Boeing. Even at a 50% discount to the list price, a new plane is about double the cost.

Which is more fuel efficient, Boeing 767 or 787?

Efficiency Requirement: Make the Boeing 787 20% more fuel efficient than the Boeing 767, which it was intended to replace.

Who owns the 787 plant?

2009: At least $580m for the facility that makes chiefly composite sections for the 787 - South Carolina plant from Vought Aircraft Industries – owned by the Carlyle Group, the private equity firm

When was the Dreamliner budget reported?

However, we have two points in time when the budget of the project was reported – one in 2004 (an estimation at the very beginning), and another in 2011 (actuals which was declared a bit later). For the actuals, we have two data points – one reported by Boeing and another reported by the Seattle Times (derived based on calculations on Boeing’s overall financial reports – Boeing did not separate out the spend on the Dreamliner project in the financial reports).

Why did Boeing buy two suppliers?

Boeing had to buy two of its suppliers to ensure continuity, and prevent weakening of its global supply chain for the 787.

What are the improvements in the Dreamliner?

These include, extensive use of composite material for lighter weight, 20% fuel efficiency over the 767 (which it intended to replace), substantially more open space in the cabin, 65% larger windows, mostly electrical flight systems, raked wingtips, and noise-reducing chevrons on its engine nacelles. While these and many such advancing features have set a new bar for aircraft design and development, there is another side of the story (perhaps more accurately a part of the story) without which the picture will not be complete. And that is about how the Dreamliner got here – the years of its design and development.

How long was the Dreamliner made?

The Dreamliner was more than 7 years in the making, over 3 years beyond how long it was supposed to take. And the company had to spend way over what it had initially budgeted for. While is rewriting history in many positive ways, during its development phase as well as its early years of operation it wrote a few pages in the history books in many other ways – in the form of lessons to be learned from Boeing’s missteps and failures in developing this aircraft and putting it in stable operation. And then, it must have done many things correct, to be able to get the project back on track and finally deliver on its promise (albeit three years late).

Why was the Dreamliner created?

The creation of the Dreamliner was required in order to strengthen Boeing's business model and drive it forward through the extension of its product-line. Thus we need to take a look at Boeing's business model (at least at a high-level) in order to understand this project better.

How much is the Boeing 777-9?

Other influencing factors include order size, being a launch customer and airline size. The upcoming 777-9 is Boeing’s most expensive listing at over $440 million. Photo: Getty Images. One plane offered around at a heavy discount was the 737 MAX after its grounding in March 2019.

What happens when airlines buy aircraft?

When purchasing aircraft, airlines will dispatch negotiating teams to haggle with the likes of Boeing and Airbus. To ensure each negotiation isn’t influenced by what other airlines have paid, talks are held in confidentiality and agreed prices are not made public right away.

Will Boeing make up for losses?

Although Boeing will be keen to make up for its losses, it won’t be too eager to offer huge discounts to its customers. However, with most airlines suffering severely from the pandemic themselves, there will be a reluctance to invest in new planes.

Do airlines pay list prices?

Most airlines aren’t paying the full list price. Aircraft manufacturers and airlines negotiate discounts off the list price when placing orders, especially for large orders. In fact, list prices are considered so pointless that Airbus decided to stop publishing any pricing list for its planes.

Is it cheap to buy a Boeing plane?

Buying your own Boeing plane does not come cheap. With the least-expensive plane listed at over $89 million, purchasing brand-new Boeing aircraft is a major financial investment even for the mega-rich. In practice, aircraft are usually acquired at less than the listed price, with discounts ranging anywhere from 20% up to 60%.

Is Boeing shopping the Max?

By early-2020, Boeing was shopping the MAX around at hugely discounted prices. Alex Macheras, an airline analyst, told AeroMag, “Airline executives in South America and South East Asia have told me they’ve been offered deals on small sales that are normally only given on really big orders, ones in the hundreds.”.

Does Boeing offer a 50% discount?

Boeing likely offers discounts of around 50% on its planes. Photo: Getty Images. However, with new tax regulations demanding greater transparency, Airbus shed some light on how aircraft pricing really works in 2019. The planemaker revealed most airlines receive a whopping 50% discount on orders.

How much does a Boeing 737 cost?

The Boeing 737 twinjet is a shorter, more economical model similar to Boeing’s 727 and 707. The Boeing 737-700, listed at an average price of just under 90 million U.S. dollars, is among the least expensive models, while the Boeing 777-9, priced at 442 million U.S. dollars, is among the most expensive ones on Boeing's price list.

How many Boeing aircraft are there in 2019?

The largest drop in Boeing aircraft deliveries was observed in East Asia, down from 223 aircraft in 2018 to 68 aircraft delivered by Boeing in 2019.

Which is the largest aircraft manufacturer in the world?

Leading aircraft manufacturers in the world. Along with Airbus, Embraer, and Bombardier Aerospace, Boeing is one of the world's four largest aircraft manufacturers.

Is Boeing's gross orders declining?

The decline in gross orders of Boeing's aircraft. In 2019, Boeing experienced a large slump in its business and financial performance. The traces of this declining performance goes back to the launching of its competitor Airbus 320 neo family with better fuel and operating efficiency, which was a comparably similar narrow-body aircraft ...

How much does a Boeing 787-8 cost?

Exclusive of discounts, the fly away list price of a Boeing 787-8 is US$248.3 million, a significant financial impost for many airlines. In addition to giving an airline some operational flexibility, leases can be easier on the airline’s bottom line. An ongoing monthly payment over a period of time can be far easier to handle than one big lump sum payment.

How many 787-8s does Qatar Airways have?

Qatar Airways has six 787-8s leased from ICBC Financial Leasing. They are A7-BCY, A7-BCZ, A7-BDA, A7-BDB, A7-BDC, and A7-BDD. One of those planes, A7-BCY, is just over six years old, and Qatar is paying an estimated $450,000 per month for it. The other five planes are around five and a half years old, and the airline is paying slightly more – an estimated $475,000 per month for them. Is that $25,000 premium due to the age of the plane? Hard to say, but it is the only discernable difference.

How many Dreamliners does Ethiopian Airlines have?

Addis Ababa-based Ethiopian Airlines has nine leased 787-8 Dreamliners, including three from AerCap. The airline is paying an estimated $450,000 per month for these planes. Like that stray Qatar Airways leased Dreamliner, these planes are aged around six and a half years.

Is the Boeing 787-8 leased?

The Boeing 787-8 Dreamliner is fast becoming one of the workhorses of the sky. Since first flying passengers in 2011, Boeing has delivered 414 of the planes to 42 customers worldwide. Over one-third of those planes are leased. Leasing has several advantages over buying, not least conserving cash flow.

Does American Airlines lease Dreamliners?

American Airlines leases a handful of 787-8 Dreamliners from BOC Aviation. While you can quibble about the quality of their inflight service these days, American Airlines pays its bills, and lessors know it. It’s no surprise that AA gets a decent discount. According to ch-aviation, it is estimated American is paying just $625,000 per month for their four leased BOC Aviation 787-8 Dreamliners.

Can you lease a used aircraft?

Operators might also pay a premium for a used aircraft from a quality airline with an outstanding maintenance record. Leasing airlines with solid credit records and a proven payment history could expect a discount. The length of the lease will also come into the equation.

Is oversupply of planes driving down leasing costs?

But it is inarguable the oversupply of planes on the market is also driving down leasing costs. That’s good for airlines and bad for lessors. It is a state of affairs that is likely to continue for a few years yet, suggesting the widely circulated going rates for leased planes may need to be revised.

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Timeline

  • Below is a chronological ordering of events as they took place during the development of the Boeing 787 aircraft. 1. 2003 1.1. 15 Jun:The name “Dreamliner” chosen by online vote. Earlier, the aircraft was only referred to as the 7E7. 1.2. 16 Dec:MILESTONE: Everett selected as final assembly 2. 2004 2.1. Apr 26:MILESTONE: First order (50 aircrafts) by Launch Customer (All Nip…
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Industry Contexttop

  • This aircraft was conceptualized in the early 2000’s. Those were post-9/11 days, and the market had changed from the heydays of 1990’s. Fuel prices had started to trend up, and airline companies had started to focus more on the bottom-line. Even Boeing’s home turf (its position as a leader of the commercial aerospace industry) was being challenged by Airbus. The key factor…
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Business Model

  • The creation of the Dreamliner was required in order to strengthen Boeing's business model and drive it forward through the extension of its product-line. Thus we need to take a look at Boeing's business model (at least at a high-level) in order to understand this project better. At its core, Boeing's (Commercial Aviation division's) business model is about selling safe, secure, comforta…
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Project Case

  • Boeing understood the market dynamics and direction very well. Based on its understanding of the key driving factors in the market, Boeing believed that if it could deliver on extraordinary efficiency and comfort in a mid-sized wide-body aircraft with a capacity in the range of 200 – 300 people, it could lead the surge into a point-to-point model as compared to today's hub-and-spok…
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Scope

  • In commercial aerospace business, there are two sets of customers that any aircraft product impacts – one is the Airlines, who buys and operates the aircrafts. The other is the passenger, who buys a seat on the aircraft to get from point A to point B. Thus, Boeing built its key requirements to target both these customers: 1. Efficiency Requirement: Make the Boeing 787 2…
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Budget

  • Back in 2004, Boeing estimated a cost of $5.8 billion to develop the new aircraft. However, after over seven years of development and cost-overruns, the total price-tag of developing this product stood at a staggering $16 billion (as per estimates from Seattle Times – as Boeing does not breakout development cost of specific aircraft development pro...
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1.How Much Does a Boeing 787 Really Cost? – 24/7 Wall St.

Url:https://247wallst.com/aerospace-defense/2016/05/18/how-much-does-a-boeing-787-really-cost/

23 hours ago How much does it cost to build a 787? It took Boeing Co. (NYSE: BA) nearly eight years to get its 787 Dreamliner off the drawing board and into service with the world’s airlines. The total cost for development and manufacturing has been estimated at $32 billion.

2.Videos of How Much Does It Cost To Build a Boeing 787

Url:/videos/search?q=how+much+does+it+cost+to+build+a+boeing+787&qpvt=how+much+does+it+cost+to+build+a+boeing+787&FORM=VDRE

15 hours ago Leeham News said on Monday that the most commonly quoted sales price for a new 787-9 is $125 million, with a smaller 787-8 going for $110 million, …

3.How Much Does a Boeing 787-10 Cost? – 24/7 Wall St.

Url:https://247wallst.com/aerospace-defense/2016/12/10/how-much-does-a-boeing-787-10-cost/

14 hours ago At a list price of $306.1 million, the 787-10 is the most expensive in the Dreamliner family. In a two-class configuration the plane carries 330 passengers …

4.Development of Boeing 787 (Dreamliner) — Inceptone

Url:http://www.inceptone.com/posts/projects/aerospace/boeing-787

35 hours ago  · Based on 450 hours a year and fuel cost at $4.25 per-gallon, the BOEING 787-8 has total variable costs of $4,056,3N/A, total fixed costs of $1,001,250.00, and hypothetical summary cost of $5,057,550.00. How much does it cost to fly: $11,239.00 per hour. Maximal total range:

5.Money Talks: A Look At The List Prices Of Boeing Aircraft …

Url:https://simpleflying.com/how-much-do-boeing-aircraft-cost/

34 hours ago 8 rows · Development Costs (USD) Constant 2004 Dollars: Douglas DC-3: 1936: 4.3 Million: Douglas DC-6: 1946: 144 Million: Boeing 707: 1958: 1.3 Billion: Boeing 747: 1970: 3.7 Billion: Boeing 777: 1995: 7.0 Billion: Airbus A380: 2007: 14.4 Billion: Boeing 787: 2012: 13.4 Billion

6.Boeing aircraft prices 2021 | Statista

Url:https://www.statista.com/statistics/273941/prices-of-boeing-aircraft-by-type/

15 hours ago  · The short-fuselage 787-8 commands an average list price of $248.3 million, with the mid-size 787-9 clocking in at $292.5 million. Finally, the stretched 787-10 has an average list price of $338.4 million.

7.How Much Does It Cost To Lease A Boeing 787-8 …

Url:https://simpleflying.com/boeing-787-8-lease-cost/

11 hours ago  · The Boeing 737-700, listed at an average price of just under 90 million U.S. dollars, is among the least expensive models, while the Boeing 777-9, …

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