The 757-300 is a twin-engine, short-to-medium-range jetliner offering fuel efficiency, top economic performance and low noise levels. Both scheduled carriers and tour operators have ordered the 757-300.

The 757-300 is a stretched version of the 757-200, measuring 23 feet 4 inches (7.1 meters) longer. The extra length allows it to carry 20 percent more passengers than the 757-200 and increases the available cargo volume by nearly 50 percent. Because of its additional capacity, the 757-300 has about 10 percent lower seat-mile operating costs than the 757-200, which already has the lowest seat-mile operating cost in its market segment.

In addition, the 757-300 shares a common type rating with the 767. This allows any pilot trained to fly one model to be qualified to fly the other model with minimal additional familiarization, saving training time and costs. Commonality offers airlines other benefits such as improved operating efficiency from reducing spares inventories, lowering training requirements and greater flexibility in assigning flight crews.

The Boeing 757-300 was launched Sept. 2, 1996, with an order from Condor Flugdienst, a German charter airline.