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Fact checked If you're wondering how much a Boeing 747 costs, you should know that they don't come cheap. Boeing 747's are very expensive planes, with the latest variant, the 747-8, costing around $450 million, but older discontinued models, like the Boeing 747-400, can cost as little as $10 million.
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The 747-8 is $418.4 million and 747-8F (F for Freight) is $419.2 million. There is only one aircraft that is more expensive than the Boeing 747 family; the latest and largest variant of the Boeing 777—777-9—is $442.2 million. Boeing 747 is a wide-body, 4-engine, and double-deck airplane. Many have already retired Boeing 747.
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Published Oct 7, 2023 The "Jumbo Jet's" program was way over budget. Photo: Yaorusheng | Shutterstock Summary Aircraft development costs can sometimes reach tens of billions of dollars. Boeing's 747 program faced delays and incurred significant debt, with costs exceeding $2 billion.
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The Boeing 747 is a large, long-range wide-body airliner designed and manufactured by Boeing Commercial Airplanes in the United States between 1968 and 2023. After introducing the 707 in October 1958, Pan Am wanted a jet 21⁄2 times its size, to reduce its seat cost by 30%. In 1965, Joe Sutter left the 737 development program to design the 747.
Boeing 747409(LCF) Dreamlifter Boeing (Atlas Air) Aviation Photo
Description Manufacturer: Boeing Country: United States Manufactured: 1968 to: Present ICAO: B741 Price: US$146.7 million (2019) Performance Weights Dimensions Avionics: Engine: 4x Pratt & Whitney JT9D-7 or Rolls-Royce RB211-524 or GE CF6 Turbofan Power: 51,600 pound-force Max Cruise Speed: 507 knots 939 Km/h Approach Speed (Vref): 141 knots
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Photo: Getty Images The highest value, Boeing 747-400, belongs to Lufthansa. D-ABTL is listed as being worth $5.47 million. This is just 11.6% of the lowest value Lufthansa -8, and just 1.3% of the list price of a new passenger 747. The aircraft has completed some 89,742 flight hours (10.24 years) across 10,873 flight hours.
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1916-07-15 CEO: Dave Calhoun Headquarters Location: Chicago, USA Key Product Lines: Boeing 737, Boeing 747, Boeing 757, Boeing 767, Boeing 777, Boeing 787 Business Type: Planemaker Summary Buying a brand-new Boeing aircraft is a significant financial investment, with prices starting at $89 million.
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Boeing 747-8. The historic 747, dubbed the 'Queen of the Skies,' revolutionized air travel as the world's first twin-aisle airplane and enabled more people to fly farther, faster and more affordably than ever before.. Lower Fuel Cost; Lower Cash Operating Costs; Commonality; Overview 747-8; 747-8F; overview; Efficient Freighter.
N747A NASA Boeing 747SP27 Photo by Bill Wang ID 1130780
The cost of a Boeing 747 can also fluctuate depending on market trends. According to Aviation Week & Space Technology, the cost of a Boeing 747 can vary by as much as 20% depending on the current market conditions. It's important to stay up-to-date on market trends in order to get the best deal possible.
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The Boeing 747-8 is the latest series of the large, long-range wide-body airliners in the Boeing 747 family from Boeing Commercial Airplanes . After introducing the 747-400, Boeing considered larger 747 versions as alternatives to the proposed double-deck Airbus A3XX, later developed as the A380.
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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.
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The 747 was formed to optimize seat-per-mile and ton-per-mile income. It brought another golden age of air travel as the 1970s got underway. As Northwestern University's Transportation Library puts it: "With increased capacity and lowered costs, the 747 helped make the air travel experience accessible to middle-class travelers.
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Per Boeing, the current list price of a passenger 747-8 would be $418.4 million. Boeing turned over the last ever 747, an -8 freighter, on January 31st, 2023, to Atlas Air, ending the type's history. We mentioned the type never reached its full potential, with the last passenger -8 being delivered to Korean Air in mid-2017.
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The most common is by referring to a generic "operating cost per flight hour" figure. Most of the (extremely) generic references I've seen using that metric for a Boeing 747-400 are in the US$25,000 per hour range. At a macro level, aircraft operating costs include both flight and ground costs associated with the operation of an.
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A new 747-8 passenger jet now lists for $367.8 million and the freighter version at $368.4 million. But that assumes Boeing can find a buyer. So far this year Boeing has taken orders for just two.
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How much does a Boeing plane cost? For the would-be jetliner owner after a basic model, the 737-700 starts at $82.4million, about £64.1m, or for just $16million more, the 737-800, which is Ryanair's aircraft of choice. Anyone after a more spacious plane might want to consider the 787 Dreamliner, starting at $229.5million (£178.5m).