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

Its valuations and lease rates jump amid cheap fuel and Delta's decision to replace small regional jets

Published Mon, Sep 7, 2015 · 09:50 PM
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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.

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