Boeing

Boeing Reports Third Quarter Deliveries

The Boeing Company today announced third quarter deliveries across its major commercial, military and space operations.

The company delivered 120 commercial jet transports in the third quarter of 2001, 19 less than anticipated before the Sept. 11 terrorist attacks. Twenty-nine jet transport deliveries were made after Sept. 11 through the end of the quarter to domestic and international customers. Year-to-date deliveries now total 383 commercial jet aircraft. The company currently expects to deliver approximately 500 commercial airplanes in 2001 depending upon customer ability to take delivery in the near term.

Deliveries for military and space operations were not affected by the Sept. 11 events.

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

Major Programs 3rd
Quarter
2001
Nine
Months
2001
Commercial Airplane Programs        
717 13 (1) 37 (10)
737 Next-Generation 69 (1) 214* (3)
747 8   24  
757 12   32  
767 6   29  
777 12   45  
MD-11 0   2  
    Total Commercial 120   383  
Military Programs        
C-17 3 (2) 9 (4)
F/A-18E/F 11   27  
AH-64D 3   6  
CH-47 2   8  
T-45TS 3   11  
C-40 2   4  
         
Space Programs        
Delta II 1   4  
Satellites 1   6  

* Includes one inter-company C-40 aircraft.

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. This forward-looking information is based upon a number of assumptions, including assumptions regarding the global economic environment, passenger and freight demand, demand for the Company's products and services; customer financing; customer, supplier and subcontractor performance; customer model selections; favorable outcomes of certain pending sales campaigns; U.S. and foreign government actions; supplier contract negotiations; price escalation; 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 production rates, timing of product deliveries and launches, supplier contract negotiations, asset management plans, procurement plans, the actual outcomes of certain pending sales campaigns; U.S. and foreign government activities; volatility of the market for the Company's products and services; domestic and international competition in the Company's businesses, collective bargaining labor disputes; performance issues with key suppliers, subcontractors and customers; factors that result in significant and prolonged disruption to air travel worldwide; worldwide political stability; domestic and international economic conditions 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 December 31, 2000 and the 10-Q for the quarters ended March 31, 2001 and June 30, 2001.
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For further information:
John Dern and Larry McCracken
Communications
office: (312)544-2002
Paul Kinscherff
Investor Relations
office: (312) 544-2140