Seattle, Oct 17: Boeing Co. will shut down its 757 passenger jet production line in late 2004, after building more than 1,000 of the mid-sized jetliners over the past two decades, the company has said. The announcement came only hours after Continental Airlines said it was seeking to convert six orders for the jet to less-expensive 737-800 jetliners.
"This decision reflects the market reality for the 757 as well as the growth in range and seating capacity of our market-leading next-generation 737 family," Alan Mulally, Boeing commercial airplanes chief executive said yesterday. "Over the long term, the increased capabilities of our newest 737s and the exciting potential of the 7e7 will fulfil the market served by the 757," he said.
The single-aisle 757, which comes in two models, was delivered in late 1982 to launch Customer Eastern Airlines. It is built in the Seattle suburb of Renton. "Over the long term, the increased capabilities of our newest 737s and the exciting potential of the 7e7 will fulfil the market served by the 757," he said.
The single-aisle 757, which comes in two models, was delivered in late 1982 to launch Customer Eastern Airlines. It is built in the Seattle suburb of Renton. Bureau Report