How Much Did Early Boeing 747s Cost?

In 1965, a pivotal conversation between Boeing’s President William Allen and Pan Am’s President Juan Trippe led to the first order of the 747, marking a significant moment in aviation history. By April 1966, Pan Am committed to purchasing 25 aircraft at $20 million each, totaling $525 million. Adjusting for inflation, it is about $193 million per plane and around $5 billion for the entire order today.