To my knowledge, next year Boeing is discontinuing 757 production.
Untrue. An order for 5 Boeing 757s was just placed a little while ago, and Boeing has made no real plans to shut the line down, nor released a public statement indicating a shutdown of the line next year. What you heard was probably rumour or speculation, but it didn't come from Boeing. (thankfully). I hope the 757 remains for years to come...the problem is that the market is saturated with surplus 757 airframes. That's part of the reason that the 727 died as well...too many around for cheaper prices than buying new, leading to a sharp reduction in orders and deliveries from 1981-1983. It was saved for one more year by a large Fedex order, and then that was that. And of course the 757 also ate away some of the 727's former market.
What we have now is essentially a repeat of the past, but different. The market is saturated with 757 airframes, and a new aircraft, the 739, has the potential to eat away at much of the 757's former low-end pax load market. Fortunately for the 757, the 739 has not become popular yet, so we can't say for sure that the 739 is impacting the 757's sales. Though if the 739 didn't exist, Alaska Airlines would likely have bought 757-200s instead.
If the market picks up and the surplus 757s are put into service, and if the 739 doesn't become a massive hit, then the 757 should slowly begin to recover orders again.
Well, technically Reuters is right... 707 production ended in 1992
I'll be damned. I guess you learn something new everyday
No kidding. I thought 707 production ended in the late 1970s. I thought even the youngest Air Force KC
-135s were at least 30 years old. Though if production lasted till 1992 on the Air Force 707s, I wonder if airlines in the early 90s had actually ordered some passenger 707s. I doubt it, but it would be interesting to know that there's 707s flying around that are younger than much of the world's 757 fleet, and younger than the youngest 727.
So this means the 727 was the first commercial jetliner from Boeing to end production. such a shame.