By the early 2000s, sales of the 757 had all but dried up and Boeing put the plane out to pasture in 2004.
But a decade later, airlines have come to understand that the 757’s odd-ball tweener nature has translated into incredible flexibility. It’s able to generate profits both in short-range domestic flights as well as on long-haul trans-Atlantic flights.
Yvelin doesn’t think Boeing made right move by abandoning the MOM jet.”I think Boeing made a big mistake stopping the production of the 757,” the CEO said. Instead, Yvelin, who has founded two separate airlines that operate 757s exclusively, believes Boeing should have stuck with the plane and developed updated versions with new wings and engines like Airbus has done with the A320 and A330. Yvelin sold his first airline to British Airways in 2008.
“I know a lot of people at Boeing and I believe they are regretting their decision,” Yvelin added. “Perhaps one day they will do a true successor to the 757.”