Boeing Boosts 2015 Jet Prices 2.9% as 777X Jumps to $400 Million

Boeing Co. raised the cost for the largest version of its updated 777X jetliner to $400 million as it boosted 2015 aircraft prices 2.9 percent across the board.

The redesigned 777-9X, a twin-aisle jet that will seat more than 400 travelers, debuted last year as Boeing’s priciest plane at $388.7 million. The second-costliest model this year is the 747-8 freighter, priced at $379.1 million, according to updated prices posted on Boeing’s website Wednesday.

The world’s largest planemaker adjusts prices once a year to reflect an internal formula that takes into account increases in the costs of goods, services and labor, Boeing spokesman Doug Alder said in an interview. Prices rose 3.1 percent in 2014.

The catalog prices don’t reflect the discounts that are customary in the industry.

Boeing has 286 orders for its 777X series, which was introduced in late 2013 at the Dubai Airshow and won’t begin commercial service until 2020.