Boeing Launches 757-300

In an announcement at Farnborough, Boeing Commercial Airplane Group President Ron Woodard announced the launch of the 757-300. The new twinjet will have German airline Condor Flugdienst as its launch customer with firm orders for 12 aircraft.

The launch order, subject to approval by the board of Condor and Lufthansa this fall, is valued at $875 million. Condor has options for 12 additional 757-300s. Deliveries are slated for 1999.

Boeing's latest derivative aircraft has a seating capacity ranging from 225 to 289 passengers, depending on configuration. This is an approximate 20% increase over the 757-200s. the Condor 757-300s will carry 252 passengers.

The new aircraft is a step toward filling in gaps in Boeing's family of aircraft. The -300 is "sized between the standard-body 757-200 and twin-aisle 767-300," said Woodard, offering low seat-mile operating costs and providing good value to operators.

Condor Flugdienst is based in Kelsterbach, Germany, and operates a fleet including 18 757-200s, nine 767-300s and four 737-300s.

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