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BOEING: U.S. AND EUROPEAN MANUFACTURERS STUDY FEASIBILITY OF VERY LARGE COMMERCIAL TRANSPORT

 SEATTLE, Jan. 27 /PRNewswire/ -- Boeing (NYSE: BA) and four European aerospace companies today announced a year-long study examining the feasibility of developing a Very Large Commercial Transport (VLCT) airplane, Boeing said. European manufacturers participating in the study are France's Aerospatiale, British Aerospace, CASA of Spain and Germany's Deutsche Aerospace. These European companies are the partners in Airbus Industrie; however, Airbus is not a party to this study.
 The study will examine the market requirements for a Veryr?ge Commercial Transport capable of carrying between 550 and 800 passengers with a potential range of between 7,000 and 10,000 nautical miles (13,000 - 19,000 km).
 In addition, the companies will examine the possibility of forming a consortium to develop, produce, market, sell and support Very Large Commercial Transport aircraft.
 The joint study will be headed by two project directors: Juergen Thomas, representing the European manufacturers, and John Hayhurst, representing Boeing.
 The companies will review the status of the joint study after six months to decide whether and how to proceed.
 "The world's aircraft industry produces what the market demands," stated Thomas.
 "Based on preliminary research, we currently believe that such a project would be too big for any one manufacturer," said Hayhurst, Boeing's vice president for Large Airplane Development. "Studies indicate there may be a need for a larger airplane around the turn of the century, but the market for such an airplane is limited."
 -0- 1/27/93
 /CONTACT: Christopher Villiers of Boeing Commercial Airplane Group, 206-237-1710/
 (BA)


CO: Boeing Commercial Airplane Group; The Boeing Co.; Aerospatiale;
 British Aerospace; CASA; Deutsche Aerospace; Airbus Industrie ST: Washington IN: AIR SU:


SW -- SE008 -- 9473 01/27/93 09:09 EST
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Publication:PR Newswire
Date:Jan 27, 1993
Words:280
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