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BOEING HOLDING TALKS ON LARGE AIRPLANE FEASIBILITY STUDY

 SEATTLE, Jan. 5 /PRNewswire/ -- The Boeing Co. (NYSE: BA) confirmed today that it is holding preliminary talks with Germany's Deutsche Aerospace AG to examine the feasibility of jointly developing an airplane capable of carrying between 550 and 800 passengers.
 Other aerospace manufacturers possibly could become part of the joint study effort, including Boeing's long-time suppliers in Japan, said Boeing President Phil Condit.
 Boeing's preliminary research indicates that the potential market for a new large airplane would be limited. However, Condit noted that the potential cost of developing such an airplane is so large that Boeing would have to work with a partner to share the development risks.
 No agreements have been signed with Deutsche Aerospace. Even if a joint feasibility study is launched, Condit said it won't necessarily lead to an airplane development project.
 "We want to maintain our position in the international airplane market. That's how we will continue to meet our customers' requirements and provide jobs for our employees," he added. "We'll take whatever actions necessary to do that, whether that means making major investments in research and development, or looking at possible international alliances."
 Boeing will continue independent research looking at ways to meet customer demand in the large airplane market, Condit said. That includes a product-development study examining the feasibility of a stretched 747 capable of carrying as many as 500 passengers. Boeing 747-400s currently in production generally seat around 400 passengers for long-distance flights.
 -0- 1/5/93
 /CONTACT: Christopher Villiers of The Boeing Co., 206-655-6123/
 (BA)


CO: The Boeing Co.; Deutsche Aerospace AG ST: Washington IN: AIR SU:

LM -- SE005 -- 1642 01/05/93 10:34 EST
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Date:Jan 5, 1993
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