Boeing

Boeing Reports Second Quarter Deliveries

The Boeing Company today announced second quarter and six months deliveries across its commercial, military and space operations. The company reported delivering 141 commercial jet transports in the second quarter of 2001. Year-to-date deliveries now total 263 commercial jet aircraft, which is on plan with the year end target of approximately 530 delivered aircraft.

Boeing's second quarter program deliveries, including deliveries under operating lease (which are identified by parenthesis), were as follows:

Major Programs 2nd Quarter
2001
    Six Months
2001
 
Commercial Airplanes Programs          
717 17 (14)   24 (14)
737 NG* 73 (2)   145 (2)
747 9     16  
757 12     20  
767 13     23  
777 17     33  
MD-11 0     2  
Total Commercial 141     263  
Military Programs          
C-17 4 (2)   6 (2)
F/A-18E/F 9     16  
AH-64D 1     3  
CH-47 4     6  
T-45TS 4     8  
Space Programs          
Delta II 3     3  
Satellites 4     6  

Forward-Looking Information Is Subject to Risk and Uncertainty

Certain statements in this presentation contain "forward-looking" information that involves risk and uncertainty, including projections for deliveries. This forward-looking information is based upon a number of assumptions including those regarding current and future demand for the company's products and services; internal performance; product performance; customer financing; customer, supplier and subcontractor performance; government policies and actions; and successful negotiation of contracts with the company's labor unions. 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 continued research and development, production rate increases, production system initiatives, supplier contract negotiations, asset management plans, procurement plans, and other cost-reduction efforts; product performance risks; the cyclical nature of the Company's businesses; volatility of the market for certain products; domestic and international competition; uncertainties 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, ; legal, financial and governmental risks related to international transactions; legal proceedings; and other economic, political and technological risks and uncertainties. Additional information regarding these factors is contained in the Company's SEC Filings, including, without limitation, the Company's Annual Report on Form 10-K for the year ended 2000 and Form 10-Q for the quarterly period ended March 31, 2001.

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C1840

For further information:
Larry McCracken
Communications
(206) 655-6123
Paul Kinscherff
Investor Relations
(206) 655-2608