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Boeing Freezes Jetliner Prices Amid Sluggish Sales

August 30, 2016

Boeing Co. skipped raising airplane prices for the first time in seven years as it contends with demand cooled by economic uncertainty, cheap oil and a glut of twin-aisle aircraft.

The U.S. planemaker typically adjusts its catalog prices for commercial aircraft once a year to reflect an internal formula that takes into account increases in the costs of goods, services and labor. Boeing boosted prices 2.9% last year and 3.1% in 2014.

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