1) A smaller 787
2) A new large single aisle aircraft
3) A revamp of the 767
4) A revival of the 757 with new engines, perhaps 787 avionics **
So some industry executives think a revival of the 757 with new engines—which Boeing also is considering, according one of the people familiar with the studies—may end up being the most realistic option.
Option number four strikes me as the most baffling since it is understood that Boeing has destroyed the tooling and the jigs made for the 757 construction, or haven't they??
On a side note, the 3 major engine makers(GE, Rolls Royce and Pratt & Whitney) are currently supplying Boeing with engine designs.
Here are some major points since I can't post WSJ links.
Steven Udvar-Házy, chief executive of Air Lease Corp., the first customer to commit to buy the Airbus A321LR, has long urged Boeing to design an all-new jet to compete in what he calls a promising market. Mr. Udvar-Házy still wants his all-new jet, but given that Boeing now is juggling the development of eight other jetliner models, bringing back the 757 with new engines is “the one [option] that could actually make the suit fit the body with the least amount of pain.”
Reviving the 757 with new engines “could make sense” for Boeing, Aengus Kelly, CEO of AerCap Holdings NV, the world’s largest independent lessor and a major 757 owner, said in an interview. He said his company likely will switch some orders it already has placed for Airbus single-aisle jets to the recently announced A321LR model.
The most critical and challenging element of reviving the 757 would be a new engine to slash fuel consumption and maintenance costs. Mr. Udvar-Házy said the Pratt & Whitney unit of United Technologies Corp. is eager to win a spot on Boeing’s 757 successor to win back market share ceded to General Electric Co. and Rolls-Royce Holdings PLC. All three are supplying conceptual designs for Boeing’s studies.
A Pratt spokesman said it is constantly working with all manufacturers, but its focus is on completing development of engines for its existing programs.
Boeing is trying avoid having its hand forced again. When longtime customer American Airlines in 2011 bought the A320neo, an upgraded version of Airbus’s single-aisle jet, the U.S. plane maker abandoned plans for an all-new design. It instead rushed to market the upgraded version of the 737 due in 2017 with new engines, mirroring Airbus.