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To: pure_capitalist

The 7E7 news is great, but I thought the 757 program was ended?

Yeah:

"On Oct. 28, Boeing marked the completion of its 757 commercial airplane program, as thousands of employees, retirees, and guests saluted one of history's most successful passenger airplanes. The 1,050th and final 757, a Shanghai Airlines 757-200, was the centerpiece of a ceremony at the company's Renton, Wash., factory. The 757 is one of only seven large commercial jetliner models that sold more than 1,000 units." ...from http://www.boeing.com/commercial/757family/last757/


So... ???


17 posted on 12/29/2004 7:21:00 PM PST by RightOnTheLeftCoast (You're it)
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To: pure_capitalist

Aha, found the answer in another story:

"The airline has also agreed to lease eight 757-300s that have been in service with bankrupt ATA Holdings..."

(Citation: http://www.fool.com/News/mft/2004/mft04123009.htm )

So, ATA goes bankrupt; Boeing's left holding the bag for some leased aircraft; Continental comes in and grabs 'em... probably for a good price. That makes sense.


18 posted on 12/30/2004 12:09:28 PM PST by RightOnTheLeftCoast (You're it)
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