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Aircraft Profile: 767-300ER 767-300ER enters the twilight zone
Demand for Boeing's twin-aisle aircraft has lasted longer than might have been expected, but values are declining as new-technology models become available.
Boeing announced the launch of the 767 jointly with the 757 in early 1978. The US manufacturer's claim at the time was that both aircraft would incorporate the latest available technology to optimize fuel consumption and minimize maintenance cost. There is significant commonality between the two types in terms of aircraft systems. Because the aircraft have the same flight deck, pilots can be certified on both with very minor differences in training. The 767 was the first widebody commercial jet to be operated by a two-person crew, which has become the standard for all commercial aircraft. Operators of 767s can benefit from engine commonality with 747-400s if the appropriate engine models for the respective aircraft are selected. The 767's twin-aisle cabin is about 1.2 metres wider than single-aisle aircraft and can accommodate up to eight-abreast seating, although seven-abreast economy is more typical. Since 2001 Boeing has offereda 777-style interior on all 767 models. The original Boeing 767 aircraft model was designated the 767-200 and entered service in late 1982. The 767-200ER (extended range) was announced in January 1983. The key differences between the 767-200 and 767-200ER are higher design weights and additional fuel capacity. The extended-range model was the first aircraft to be certified for 120-minute extended-range twin-engine operations (Etops). It later was the first aircraft to have Etops extended to 180 minutes' flying time from the nearest suitable airport. This allowed the twin-engine 767 to fly more direct, fuel-efficient North Atlantic routes, and later, North Pacific routes.
"The availability of a conversion programme for the type, and the significant recent orders for freighters by the integrators to replace older fleets, can provide some stability"
Lindsey Mohr, valuation analyst, Morten Beyer & Agnew
The stretched 767-300 was first announced in February1983. The aircraft uses the same basic airframe and fuselage as the 767-200, but includes two plugs in the fuselage, fore and aft of the wings, substantially increasing its overall length and seating capacity. The wingspan remains the same as the -200. The first deliveries of the 767-300 were to Japan Airlines in September...