Boeing Reports Third Quarter Deliveries

The Boeing Company today announced third quarter and nine months 1998 deliveries as follows:

Major Programs 3rd Quarter     Nine Months  
737 Classic 25     92  
737 Next-Generation 41     91  
747 11     32  
757 12     35  
767 11     35  
777 15     52  
MD-80 2     5  
MD-90 4     18  
MD-11 2     8  
Total Commercial Airplanes 123     368  
C-17 2     6  
F15 12     25  
F/A-18C/D 8     24  
T-45TS 4     11  
767 AWACS -     2  
757 C32-A -     2  
Delta II 1     8  
Delta III 1     1  

At the end of the third quarter there were 36 undelivered commercial airplanes in storage, including 10 737 Classics, 8 Next-Generation 737s, 9 747s, 1 767, 3 777s and 5 MD-90s. The majority of these airplanes are awaiting final customer-financing arrangements, most of which are expected to occur in the fourth quarter.

Boeing plans to deliver approximately 550 commercial airplanes this year, including four non-commercial 757-C32As for the U.S. Government.

Forward-Looking Information Is Subject to Risk and Uncertainty

Certain statements in this release contain "forward-looking" information that involves risk and uncertainty, including projections for deliveries and customer financing. This forward-looking information is based upon a number of assumptions, including assumptions regarding demand, internal performance, customer financing, supplier and subcontractor performance, and government policies and actions. Actual future results and trends may differ materially depending on a variety of factors, including the Company's successful execution of internal performance plans including production recovery and production rate increases; the cyclical nature of the Company's business, volatility of the market for certain products; product performance risks associated with regulatory certifications of the Company's commercial aircraft by the U.S. Government and foreign governments; other regulatory uncertainties; collective bargaining labor disputes; performance issues with key suppliers, subcontractors and customers; governmental export and import policies; factors that result in significant and prolonged disruption to air travel worldwide; global trade policies; worldwide political stability and economic conditions, particularly in Asia; and legal proceedings. Additional information regarding these factors is contained in the Company's Annual Report on Form 10-K for the year ended 1997 and Form 10-Q for the quarterly period ended June 30, 1998.



For further information:
Larry McCracken
(206) 655-6123