Boeing Raises Prices; Good News for Investors?
In today's video, industrials editor and analyst Brendan Byrnes discusses Boeing and the recent announcement that it will be raising list prices by 6% on all commercial jets except the 787 Dreamliner. This likely won't have a huge impact on Boeing's top or bottom line anytime soon -- orders are often taken years before the planes are actually delivered and Boeing gets paid -- and almost all customers pay a substantial discount for orders, especially when buying in bulk. Still, the list prices are a starting point for negotiation, and it makes sense that Boeing would up the price as input costs increase and demand continues to be strong. Check out the video below for more on this decision from Boeing and how it affects the stock going forward.
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The article Boeing Raises Prices; Good News for Investors? originally appeared on Fool.com.Austin Smith and Brendan Byrnes have no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.