Boeing Co. (NYSE:BA) Exploring Market For Niche Aircraft

Boeing Co (NYSE:BA) is exploring a potential new market of over 1,000 aircraft in a niche between its single-aisle 737 and wide-body 787, but has not decided whether to invest in a new jetliner, its sales chief said in Paris Sunday.

Airlines have told the airplane maker they are interested in something about 20% bigger than its out-of-production 757 and able to fly further, putting it beyond the reach of the latest A321LR single-aisle offering from rival Airbus, he said.

Speaking in an interview ahead of the Paris Airshow, John Wojick, SVP for global sales and marketing at Boeing Commercial Airplanes, said airlines were looking for an jetliner able to seat about 240 people with greater comfort, but just as efficiently as the smaller 737 workhorse.

The last 757 aircraft was delivered in Y 2005, and are still popular with US airlines because of its range and performance, its larger contemporary, the 767, is being replaced by the 787 Dreamliner.

Many 757 aircraft are coming up for replacement soon.

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Symbol	Last Trade	Date	Change	Open	High	Low	Volume
NYSE:BA	142.29	Jun-15-2015	-0.51	142	142.59	141.28	2,625,600

HeffX-LTN Analysis for BA:	Overall	Short	Intermediate	Long
HeffX-LTN Analysis for BA:	Bearish (-0.34)	Bearish (-0.39)	Bearish (-0.40)	Bearish (-0.25)