We know our customers prefer to be notified when and why a price increase is happening. The following is a brief overview of the two broad category product price increases which are planned for 2021.
For reasons outlined below, Motion RC will be forced to raise the retail price of all Freewing and Flightline planes an average of 10% on May 15, 2021. We did not take this decision lightly and we worked with every supplier in the chain in order to mitigate this price increase as much as possible. The Price increase is due to the following factors:
All of the above contributed to this price increase coming May 15, 2021. We will continue to keep tabs on the situation and do everything we can to mitigate future increases. While the average increase will be 10%, some planes will go up more and some will go up less.
Prices of Black Horse models will be increasing by an average of 6% starting May 31, 2021. Prices of Nexa models will be increasing by an average of 12% starting on May 31, 2021. Both Black Horse and Nexa have communicated the need to increase prices due to the skyrocketing price of balsa wood. The price of balsa wood has increased significantly due to the recent forest fires and the focus on wind power for generating electricity (the core of a wind turbine blade is made from balsa wood). Much of the mature balsa remaining after the forest fires has been purchased by the wind turbine manufacturers leaving small manufacturers like Black Horse searching to find alternative balsa suppliers and paying much higher prices. We are working directly with Black Horse and Nexa to help them secure new sources for balsa wood and also investigate alternative building materials such as fiberglass and carbon fiber.