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1,000TH BOEING 747 DELIVERING TO SINGAPORE AIRLINES

 SEATTLE, Oct. 11 / PRNewswire/ -- Singapore Airlines(SIA), flag carrier of an island nation that today boasts one of the largest jumbo fleets in the world, next week will receive the 1,000th Boeing 747 built.
 News representatives from 12 countries and a number of outstanding employees nominated from the Boeing 747 production plant will witness the October 12 delivery ceremony, which will include a traditional lion dance to bestow good fortune on the milestone airplane. Officiating at the historic event will be Phil Condit, president of The Boeing Co. (NYSE: BA), and Lim Chin Beng, deputy chairman of Singapore Airlines.
 "Singapore Airlines and its 12,000 employees worldwide are honored to be a part of aviation history," Lim Chin Beng said. "SIA's long-term and mutually beneficial relationship with Boeing is exemplified by the delivery of this landmark aircraft."
 SIA ordered its first 747s in 1972, the same year it became an independent airline. As the carrier grew, so did its fleet of 747s. The new superjet will be Singapore's 55th 747. Only two airlines in the world, Japan Airlines and British Airways, have received more.
 With this delivery, Singapore Airlines will have received 69 Boeing jetliners (including 727s and 757s) valued at about $5.2 billion. Twenty additional 747s on order and options for 15 more, if exercised, will bring SIA's 747 purchases to 104 airplanes worth an estimated $10.6 billion.
 "We take exceptional pride that Singapore Airlines, whose fleet of 747s has become a signature at the airports of nearly every major world capital, will receive this milestone jetliner," said Phil Condit in advance of the ceremony.
 When the 1,000th jumbo emerged from the world's largest building four weeks ago before entering a month of flight testing and final preparation, a throng of employees cheered. President Clinton sent word: "I would like to congratulate all of you on the completion of the 1,000th Boeing 747. It is a testament to the ingenuity and hard work of the American people. In an increasingly competitive marketplace, you can take great pride in your ability to grow and prosper."
 Boeing 747 sales have totaled $141.8 billion (in current dollars) since Pan Am received the first jumbo in 1969. Another $28.4 billion of announced 747-400s remain on order.
 It is estimated that the worldwide fleet of 747s for all airlines has flown more than 1.4 billion passengers -- roughly a quarter of the Earth's population -- a distance equal to 80,000 trips to the moon. The latest model, the -400, flies 8,290 miles (13,340km) non-stop. Its engine noise today is half what it was on the original airplanes delivered in 1970. With a modern digital flight deck, the -400 is flown by a smaller crew, one of several features which make the 747-400 the most efficient jetliner in production on a seat-mile cost basis.
 While the airline last December celebrated 20 years of service with 747s, SIA's policy of fleet renewal ensures that passengers fly on the most comfortable, efficient and reliable aircraft available. At an average age of just over five years, Singapore's passenger fleet is among the youngest and most modern of the world's major airlines.
 SIA earned an after-tax profit of US$548 million on 1992/93 revenues of $3.4 billion (fiscal year ending March 31), up 4.2 percent over the previous year. The increase was due primarily to an increase in capacity as the carrier boosted frequency of service to Asia, Europe, the Americas and South-West Pacific. New destinations inaugurated in 1992 included New York, Madrid, Hanoi and Durban.
 Singapore Airlines's route network spans 70 cities in 40 countries. For the sixth year in a row, SIA was voted best airline in the world last month by readers of Conde Nast Traveler magazine.
 -0- 10/11/93
 /NOTE TO EDITORS: For photos or more information, contact: Dave Jensen, Boeing in Seattle, 206-237-8051, or Agnes Huff, SIA in Los Angeles, 213-934-8833, Ext. 132, or Rick Clements, SIA in Singapore, 65-541-5880/
 /CONTACT: David Jensen 206-237-8051, or Craig Martin, 206-237-8050, of Boeing Commercial/
 (BA)


CO: The Boeing Co. ST: Washington IN: AIR SU:

RB -- SE003 -- 0495 10/11/93 04:00 EDT
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Date:Oct 11, 1993
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