how much does a commercial plane cost

In this article, we will be discussing the topic how much does a commercial plane cost? Our team has researched and reviewed these products to help you come up with a better decision. We’ve also put up a shopping guide with the features you can consider when getting the airplane price list. Let us review the best passenger planes for sale with prices

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how much does a commercial plane cost

Boeing (NYSE:BA) is well known for its hugely popular 737, as well as its 747, first introduced in 1970, and its 787 Dreamliner. But there’s also a new, 400-seat aircraft — the 777X — that’s still on the drawing board, and it’s predicted to become the biggest-selling airplane in the market after its first delivery in 2020.

Investors cheer when Boeing beats out rival Airbus for lucrative contracts as it generates more revenue and higher profits. At the Paris Air Show just last month, Boeing crushed Airbus by announcing commitments for 437 new airplanes compared to only 182 for its rival.Boeing 737 MAX

IMAGE SOURCE: BOEING.

boeing 737 price

The big seller was the 737 MAX family of aircraft, which scored 418 commitments from buyers, mostly for the new 737 MAX 10, though Boeing also received 125 commitments for the 737 MAX 8. The rest of the commitments were for the 787 Dreamliner.

Notably absent were orders for the iconic 747, which underscores why Boeing is phasing out the aircraft.

In its latest “Current Market Outlook,” which forecasts industry demand out to 2036, Boeing eliminated a separate callout for very large aircraft that previously contained the 747, choosing instead to merge it into a combined “medium/large passenger widebody” category.

Boeing says the planes aren’t selling (Airbus says likewise in relation to its A380 airplane) because few carriers have the capabilities and routes to handle planes with more than 400 seats. The 747 is a 400-seat aircraft, but can be configured to cram as many as 660 passengers onto a single plane. In fact, Boeing only has 23 747s in its backlog of airplanes, the fewest of any of its aircraft, and it produces just one plane every two months.  Obviously it’s not committing many resources to it.Air Force One

AIR FORCE ONE IS A BOEING 747. IMAGE SOURCE: U.S. AIR FORCE.

how much does a boeing 747 cost

Airbus was quoted as mocking Boeing’s decision to abandon the market. “They would do that,” said Airbus sales chief John Leahy, according to IndustryWeek. “The 747-8 isn’t selling. We have no intention of sharing that market with them.” Airbus noted it remains committed to producing very large airplanes because of growing passenger traffic and congestion on routes.

That still might be a foolish stance to take since Airbus didn’t sell a single A380 last year, and Boeing doubts it will be able to sell the remaining 107 aircraft that Airbus has in its backlog. Indeed, Airbus is struggling to maintain production of the 550-seat model at one per month, and its biggest deal at Paris was for 100 A320neo (short for “new engine option”) single-aisle jets.

That’s where Boeing sees most of the market moving. In its long-range forecast, it sees single-aisle planes accounting for 72% of all aircraft deliveries in 2036, valued at $6.1 trillion.

Firing up production

Boeing plans on grabbing more than its share of that market. It’s churning out 42 737s per month and has a backlog of 4,500 orders, making it the most in-demand aircraft in Boeing’s fleet. Even though they’re the cheapest planes Boeing produces, it makes up in volume what it gives up in price. Not surprisingly, the 747 is one of its priciest aircraft (though not the most expensive), but with few sales, it really doesn’t matter what they cost. 

Below are the production rates for each family of aircraft Boeing produces, its order backlog, and the average price of each family of plane.

Aircraft FamilyProduction Rate (per month)BacklogAverage PriceNotes
737424,506$103.4 millionPlan to increase to 47/month in Q317Plan to increase to 52/month in 2018Plan to increase to 57/month in 2019
7470.523$387.2 million 
7672106$202.6 millionPlan to increase to 2.5/month in Q317
7777124$344.2 millionPlan to decrease to 5/month in August 2017
78712679$270.9 millionPlan to increase to 14/month by end of the decade

DATA SOURCE: BOEING.

As noted, the 737 is the cheapest of its aircraft, with the 737-700 going for just $82.4 million. The most expensive? The 777-9, which retails for $408.8 million.

The needs of the airline industry are not static, but dynamic, as can see by Boeing’s outlook, which forecasts 4,200 fewer planes needed than last year’s report suggested. The number of single-aisle jets needed is also lower.

One thing that doesn’t change? Boeing’s leadership role in delivering the latest, most technologically advanced aircraft in the market.

Flying in an airplane can be a tortuous experience as you need to get to airports hours before the scheduled departure time to clear security. So you need to wait for a long time in the airport. Then, in the flight, you might get seated next to an annoying passenger. If the flight is long haul, you’d end up feeling cramped and suffer stiffness. Plus, the food might not be all that good. For these reasons, rich people who can afford it prefer to buy their own private jet.

Large-sized private jets offer a host of facilities such as sleeping beds, fully-equipped kitchen, bathroom with shower, conference room, internet access, and satellite communication. The jet can easily accommodate your entourage and you don’t need to shell out airplane and transportation costs for them. Plus, you can fit the jet with your favorite accessories and decorations. For instance, the Sultan of Brunei has fitted solid gold washbasins in the bathrooms of his private jet. Alux.com reports that the most expensive private jet belongs to Saudi Prince Al-Waleed bin Talal who shelled out a whopping $500 million for his Airbus A380.

Now, let’s come to the topic of airline tickets. Many budget-conscious people book early to take advantage of lower prices. But there are also plenty of well-off travelers who are willing to pay a good price to enjoy luxuries on their flight. For premium tickets, airlines are offering amenities such as private rooms with a bed, dining table, LCD entertainment system, wine list, gourmet food service, and more.

Huffington Post reports that the most expensive plane ticket in the world costs more than $30,000.  This flight is operated by Emirates on its Los Angeles to Dubai journey. It is patronized by high-flyers such as Hollywood stars, VIP businessmen, A-listers, and fashionistas. For the lavish price, they enjoy luxuries such as spa facilities, vanity tables, mattress beds, individual mini bars, and fully partitioned private suites.

Now, let’s get down to our main task and review the prices, features, and facilities offered by the 8 most expensive planes in 2020.

passenger planes for sale with prices

8. Gulfstream IV – $38 million

The Gulfstream IV is a twinjet aircraft that is designed and made by Gulfstream Aerospace, a General Dynamics company. It is powered by two Rolls-Royce RB.183 Tay turbofans. The plane is renowned for its staying power on air. In June 1987, a Gulfstream IV set world records in its class in flying west around the globe in 45 hr 25 min. The following year another Gulfstream IV plane set world records flying east around the world.

This plane is utilized by executive charter operators, companies, and private individuals. For instance, Botswana uses it for VIP transport and the Indian Air Force employs it in a reconnaissance role. Wealthy individuals such as the Sultan of Brunei and the Sultan of Johor have bought this plane. The aircraft has a cruising speed of 850-903 km/h and a maximum speed of 935 km/h.

7. BD-700 Global Express – $47.7 million

The BD-700 Global Express is a twin-engined long-range corporate plane that was designed to cater to the demand for ultra long range business flights. It was first delivered for usage in 1999. The plane has distinctive winglets on its low/swept wing and a swept T-tail with swept horizontal stabilizer. The twin engines are mounted on the rear fuselage and there are 13 cabin windows on each side. The aircraft has a cruising speed of 505 knots and a range up to 6700 nautical miles.

6. Trump’s Boeing 757 – $100 million

One of the highlights of the Boeing 757 is a glass cockpit with large computer screens that display flight info. It has a self-checking feature that alerts pilots about issues before they bloom into emergencies. Trump’s plane is one of the fastest in the world and can hit more than 500 miles per hour powered by two Rolls-Royce RB211 turbofan engines that can keep it afloat for 16 hours.

A regular Boeing 757 can seat up to 200 people, but Trump has refurbished his plane to accommodate only 23 passengers. Apart from the two bedrooms, it has a private guest room, dining room, and a video room with cinema system.  Trump pays a lavish price for these amenities and shells out about $10,800 for a one-hour flight including fuel.

5. Boeing 747 – $153 million

The 747-8 is one of Boeing´s most successful models. An unnamed client has customized his private plane with luxuries such as fully equipped bathrooms, private living room, a master suite with stunning views, a guest cabin with en-suite bathroom, and a private office. Other amenities include big screen TVs, low tables, two living areas with sofas, dining room for 14 guests, and a large meeting room. The client spent about $200 million for the facilities. No wonder the plane finds a place in our list of most expensive planes. This amazing aircraft can hit a speed of about 645 miles per hour on a 9,200-mile flight.

4. Airbus A380 Superjumbo Jet – $500 million

Airbus A380 is a double-deck, wide-body plane with four engines. The Saudi prince’s plane includes a pray room that rotates so that it always faces Mecca, a stable for horses and camels, and a garage for cars. This plane is the world’s largest commercial aircraft with huge dimensions and to accommodate it many airports around the globe have refurbished their facilities.

The Airbus A380 has a total capacity of 525 people in a three-class configuration and 850 in a single-class configuration. This plane was involved in an accident on 4 November 2010 on a flight from Shanghai to Sydney when one of its engines developed a problem which forced the pilot to land in Singapore. Luckily, there were no injuries to the crew or passengers.

3. Airbus A340-300 – $600 million

The A340-300 has a capacity of 295 passengers and can easily cover up to 7,400 nautical miles (13,700 km) during a single flight. It entered service with Air France and Lufthansa in March 1993. In fact, Lufthansa is the largest buyer of this aircraft and operates a fleet of 30 planes. The year 2006 saw the launch of the improved A340-300 Enhanced version with advanced fly-by-wire and avionics systems and newer CFM56-5C4/P engines. As of July 2017, airlines were using 104 Airbus A340-300s for their operations. This plane has a cruising speed of 871 km/h (541 mph) and a maximum speed of 914 km/h (568 mph).

2. Air Force One – $660 million

Air Force One is a triple decker with 4,000 square feet of space. This gives all passengers plenty of leg room to stretch their legs. The plane can easily hit a speed of 650 miles per hour. For medical emergencies, there is a mini hospital on board with specialist doctors and an operation theater. The aircraft is equipped to survive meteor strikes, earthquake, and nuclear war. In case of an attack, it deploy flares to counter heat-seeking missiles, ECM (electronic countermeasures), and radar-jamming technology. The plane has mid-air refueling abilities and can be refueled even at 35,000 feet. However, President Donald Trump wishes to get rid of this facility to save money.

Air Force One has sophisticated communications technology with 85 phones, 238 miles of electronic wiring, 19 televisions, a range of computer connections, fax machines, and two-way radios. It hosts two well-stocked kitchens with amenities to feed a 100 people. During a terrorist strike, it can operate as a command center. Air Force One is always given priority over other air traffic. But this does not impact commercial air traffic as this plane usually lands and takes off from military bases in the US. The plane can accommodate 100 passengers and 26 crew members.

1. B-2 Spirit – $737 million

The B-2 Spirit was launched in 1989. The program to develop it was initiated during the Carter administration in the late 1970s. Northrop was chosen to build this fighter plane. The highlight of its design is a technique called “continuous curvature” which deflects radar. In fact, its radar cross-section is just 1.1 square feet – the size of a pigeon. The bomber was first deployed in action in the Kosovo War in 1989 where it flew 50 sorties.

The B-2 costs about $135,000 per hour to operate. It has a flying range of 6,000 nautical miles, and refuels every six hours. The plane has amenities such as a hot plate to prepare food, a bed, and a toilet. One pilot can sleep at a time on long missions, minimizing fatigue during round-the-clock flights. The fighter jet has a quadruple fly-by-wire flight control system, split brake-rudders, and differential thrust to maneuver which keeps its radar cross-section low. Its engines are concealed in the wing, hiding fan blades from radar, and reducing the engine’s heat signature to prevent detection by infrared tracking systems. Finally, the B-2 can hit a top speed of 1,010 km/hour.

The Five Best Planes To Choose For Your Next Flight

Most people outside the “avgeek” community, and the frequent flyers who are exacting about what they want in a flight (even if they’re not planespotters), don’t pay much attention to aircraft types. That’s a mistake, because the type of aircraft operating your flight can have a huge impact on the overall flight experience – especially if you’re flying economy, where every advantage helps. It’s understandable though, especially when you consider that an A330 on one airline may mean older seats and no mood lighting, whereas on another the same model could have a much more modern and comfortable cabin. Knowing what to look for as you search for flights to book takes quite a depth of knowledge and interest, and most people don’t have time for that.

It is possible, though, to give some general guidelines for planes you should keep an eye out for the next time you’re shopping for flights. These are the top five to aim for if you want a better flight (plus one to avoid):

#1. Airbus A350

A350
A Qatar Airways A350-900. GABRIEL LEIGH

The A350 has entered a number of airline’s fleets over the past few years and it is quickly becoming a passenger favorite. This fuel efficient twin-engined, long-haul plane is unbelievably quiet (though it still feels powerful) and boasts a lower cabin altitude, higher humidity, taller ceilings and bigger windows. It’s a good bet it will also have all the modern airplane perks like mood lighting and the latest entertainment systems and WiFi. Oh and then there’s the stunning tail camera. Seats in economy are usually laid out in a 3-3-3 configuration – the same as most Boeing 787s – but the A350 cabin is wider, so everyone gets more room to stretch out.

Some airlines that have itQatar Airways, Delta, Finnair, Japan Airlines, Lufthansa, Cathay Pacific, Singapore Airlines. Coming soon: Scandinavian Airlines gets their first A350 in December.

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#2. Airbus A220

A220
A Delta A220-100. GABRIEL LEIGH

The A220’s benefits are covered here at length, but to rehash briefly: it’s a fantastically roomy plane considering it’s relatively small (seat count just over 100), it’s quiet, and it has all the newest tech like nice lighting and more.

Some airlines that have it: Delta, airBaltic, Swiss, Korean Air, Air Tanzania. Coming soon: Air Canada, Air France, and more.

#3. Boeing 767

United Airlines Boeing 767-400 ER
A United Airlines Boeing 767-400ER. (Photo by Nicolas Economou/NurPhoto via Getty Images) NURPHOTO VIA GETTY IMAGES

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This might be a surprise because the 767 is an older plane. But it’s still a transatlantic workhorse (turns out it ranks number three across the pond), and there’s one simple reason to choose it: a 2-3-2 configuration in economy. That means only one middle seat for every row, and for those traveling in pairs it’s a nice option for sitting together and having a window without a stranger sharing your set of seats. And although it’s an older aircraft at this point, most of the 767s still flying have the nice 777-style overhead bins and reasonably comfortable interiors anyway. If it’s between a 767 and a 787 (with its narrow 3-3-3 configuration; see below for more on that), I’ll pick a 767 every time.

Some airlines that have it: United, Delta, American, LATAM, Austrian Airlines, All Nippon Airways, Japan Airlines. Coming soon: None, but there are rumors that Boeing may launch a new-engined variant and extend its life further. We’ll see what happens.

#4. Airbus A380

A380
An Etihad A380. (Photo by Dinendra Haria/SOPA Images/LightRocket via Getty Images) SOPA IMAGES/LIGHTROCKET VIA GETTY IMAGES

The A380 may soon be a thing of the past after Airbus announced this year that due to slow sales it would be halting production in the next couple of years. But the double-decker behemoth remains a fantastic airplane to fly on, even if it’s a little too big for most airlines to make money with. It’s quiet and smooth, handles turbulence better than just about anything out there, and evokes a romantic, cruise-ship-in-the-sky feeling. Downsides: it has relatively small windows, its lower deck is almost overly cavernous, and boarding and deplaning alongside so many people at once can be a slow process. But still, it’s a very comfortable airplane.

Some airlines that have it: British Airways, Lufthansa, Air France, All Nippon Airways, Etihad, Emirates, Qatar Airways, Singapore Airlines, Thai Airways, Qantas. Coming soon: Unfortunately there are unlikely to be any new airlines operating the type, and some of the above airlines may soon start to phase them out.

#5. Airbus A320neo

A320neo
A SAS A320neo inflight. GABRIEL LEIGH

The A320neo looks about the same as older A320 family planes, but you can tell it apart by its much bigger engines and distinctive winglets. As an older aircraft with some design improvements, it doesn’t change the game for passengers like the A350 does, but you’re much more likely to come across an A320-sized plane, and if you do, see if you have the option of a neo (look out for code 32N or A20N). The big plus is a much quieter flight, plus likely a more modern cabin with nice lighting. It’s also fuel efficient and puts out less emissions. Downsides: it’s still a 3-3 configured plane in economy, which means that those who like a window seat have to be sandwiched in by up to two strangers.

Some airlines that have it: Delta, American, Frontier, Spirit, Interjet, SAS, British Airways, Lufthansa, TAP, Turkish Airlines. Coming soon: With over 6,000 on order, there are many on the way across the world.

And for one to avoid? This may come as a surprise:

Boeing 787 Dreamliner

A Shanghai airlines Boeing 787-9 Dreamliner at the Shanghai...
A Shanghai airlines Boeing 787-9 Dreamliner. (Photo by Alex Tai/SOPA Images/LightRocket via Getty … [+] SOPA IMAGES/LIGHTROCKET VIA GETTY IMAGES

It’s a good new plane in a number of ways, with many of the benefits of the A350 including bigger windows and a more comfortable pressurization and humidity. But it has two distinct problems. The first is relatively minor, but annoying: it has high-tech dimming windows (instead of physical window shades) that can be controlled by the cabin crew, meaning if they don’t want you to look out the window, you won’t get to. The second one is the dealbreaker: nearly all airlines use a 3-3-3 configuration in economy, and the cabin is really a little too narrow for that, meaning a full flight in the back of the plane is borderline torture with narrow seats and no shoulder and elbow room.

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