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Technology Stocks : Boeing keeps setting new highs! When will it split? -- Ignore unavailable to you. Want to Upgrade?

To: James R Mohr who wrote (1764)	9/7/1998 5:12:00 AM
From: David C. Burns	Respond to of 3763

Boeing Airplanes Will Continue to Fly Safely in Year 2000 FARNBOROUGH, England, Sept. 7 /PRNewswire/ -- "Boeing airplanes will continue to fly safely when the clock strikes midnight in the year 2000," said Walt Gillette, leader of engineering and product development for the Boeing Commercial Airplane Group. Few airplane equipment items are date-sensitive; the few that are date-sensitive do not affect the flight operations of the airplane, Gillette said. An extensive analysis of thousands of Boeing-built and supplier-provided equipment items determined that only three were found to be date-sensitive. The systems affected involve the onboard navigation database found in the flight management computers or inertial navigation systems on some 737, 747, 757, 767, MD-80 and MD-90 models, based on their delivery configurations. Boeing has sent service bulletins to customers detailing software, procedural or hardware changes. "In addition to implementing the changes, the airlines also are reviewing systems they've installed themselves," Gillette added. When designing its newer airplanes -- the 717, Next-Generation 737, 757-300, 767-400, 777, MD-10 and MD-11 -- Boeing made sure all systems were Year 2000 ready. In addition, the MD-90, 747-400, 757 and 767 airplanes already equipped with the Future Air Navigation System (FANS-1) have been updated. Earlier Boeing models, such as the 707, 727, early 737, DC-8, DC-9 and DC-10 jetliners, were delivered to airline customers as analog airplanes and are not affected. Boeing is making necessary corrections to all infrastructure systems to ensure design, production and after-sale support organizations are ready. Also, the company has been working for the past five years with suppliers, customers, regulatory agencies and the aviation industry to ensure a smooth transition into the next millennium. SOURCE Boeing Commercial Airplane Group CO: Boeing Commercial Airplane Group ST: Washington, England IN: AIR SU: 09/07/98 05:00 EDT prnewswire.com

To: James R Mohr who wrote (1764)	9/7/1998 7:21:00 AM
From: David C. Burns	Read Replies (1) \| Respond to of 3763

Boeing Sees a Bright Future for Its Products FARNBOROUGH, England, Sept. 7 /PRNewswire/ -- The Boeing Company sees a bright future for the products of each of its principal businesses, said Harry Stonecipher, Boeing president and chief operating officer. At a press briefing at Farnborough International '98, a major aerospace industry event, Stonecipher described the company's recent performance and its future outlook. "The last year, in many ways, has been a difficult and disappointing one for Boeing," Stonecipher said. However, with a new management team in the Boeing Commercial Airplane Group (BCAG), a realignment of the company's space, defense and communication businesses, and the strongest portfolio of products in the industry, Stonecipher said Boeing is uniquely well-positioned for the future. "Today's Boeing is a company that specializes in the design, development, production and support of almost anything that flies -- from jetliners and business jets to fighters and military transports; from expendable and reusable launch vehicles to helicopters and missiles; and from satellites to space-based communications systems," he said. "For instance, Boeing is the only aerospace company in the world with four front-line fighters in current production. And that is combined with our equally formidable position on three next-generation fighter aircraft programs -- the F/A-18 Super Hornet and Joint Strike Fighter, plus our partnership on the F-22," Stonecipher added. "This is a company with a great past... and an even greater future. All we need to do is execute. And that is exactly what we are going to do," he said. Also at Farnborough, Bruce Dennis, vice president - Marketing for BCAG, discussed the unmatched range of choices offered to customers by the company's jetliners. "We offer a complete family of airplanes, which cover from 100 through nearly 600 seats, and have the payload, range and operating flexibility to fill virtually every market need," he said. "What we've found is that customers value choices, because more choices mean more value." Dennis also pointed out the economic value that Boeing brings to Europe. The company works with nearly 500 European suppliers in support of both commercial and defense products. "Boeing programs support about 90,000 jobs right here in Europe," Dennis said. "Given that the company projects to spend well over $14 billion in Europe alone over the next five years, it's easy to see how a success for Boeing benefits not only Boeing, but many others in Europe." (The full text of Stonecipher's and Dennis' presentations, as prepared for delivery, can be found on the Boeing World Wide Web home page at www.boeing.com.) SOURCE Boeing Commercial Airplane Group CO: Boeing Commercial Airplane Group ST: Washington, England IN: AIR SU: 09/07/98 07:00 EDT prnewswire.com