Boeing 717: Once a sales flop, now the world's hottest used jetliner

Washington

NINE years after production ended for Boeing Co's 717 jetliner, the former sales dud is one of the most sought-after aircraft in the world.

Boeing built just 155 of the 100-seaters, and most are near the age when airlines start thinking about a trade-in. But valuations and lease rates are soaring thanks to a mix of cheap fuel, Boeing's US$1.5 billion bet on ensuring the model stays in service and Delta Air Lines Inc's decision to use the plane as a replacement for its smallest regional jets.