Airbus has increased the average list prices of its aircraft by one percent across the product line, effective from January.

This price increase has been calculated according to Airbus’ standard escalation formula over the January 2016 to January 2017 period and takes into account the materials and commodities prices.

John Leahy, chief operating officer customers, Airbus Commercial Aircraft, said: “Our new 2017 pricing affirms the value of Airbus’ modern, comprehensive and fuel-efficient aircraft family.”

He added: “The price increase also reflects our customers’ satisfaction with the winning combination of performance, operating economics and passenger experience.”