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McDONNELL DOUGLAS ANNOUNCES FIRM ORDERS

 McDONNELL DOUGLAS ANNOUNCES FIRM ORDERS
 LONG BEACH, Calif., Oct. 14 /PRNewswire/ -- McDonnell Douglas


(NYSE: MD) announced today that International Lease Finance Corp. has increased its firm orders for MD-11s from five to six and its options from two to four as part of an agreement with World Airways to convert World's wide-body fleet of aircraft from DC-10s to MD-11s.
 The long-range, wide-body MD-11s are scheduled to be leased from International Lease Finance Corp. (ILFC) to World Airways, which has plans to fly three MD-lls in a passenger configuration, one as a freighter and six as convertible freighters.
 Delivery of the first three MD-11 trijets into World's fleet is scheduled during 1993. The MD-11 freighter is scheduled for delivery in 1994, and the first two convertible freighters in 1995. The four convertible freighters under option are planned for delivery in 1995 and 1996.
 T. Coleman Andrews III, president and chief executive officer of WorldCorp, said, "We view this as an opportunity to modernize our fleet of long-range aircraft with a new, yet proven, airplane."
 Andrews also said, "The effects of the recession in the aerospace sector, the lowest interest rates in 30 years, and the creativity of ILFC, McDonnell Douglas, and Pratt & Whitney have combined to give us the substantial economic and technological benefits of new Pratt- powered MD-11s at very attractive ownership costs."
 Leslie L. Gonda, chairman of ILFC, said, "The MD-11 offers our leasing customers the efficiency, range, operating economies, passenger capacities and freighter variants they need to operate successfully."
 World, based at Washington Dulles International Airport in Virginia, is an all-charter airline. It flies U.S. domestic and international routes to all continents.
 The MD-11 has been in service since late 1990 with airlines throughout the world. The aircraft has flown more than 100 million statute miles and carried nearly 5 million passengers. More than 60 MD-11s are in service with 14 airlines.
 Freighter versions of the MD-11 offer customers one of the largest revenue cargo capacities of any aircraft flying today.
 MD-11 convertible freighters can be re-configured quickly, often overnight, from an all-passenger aircraft to an all-freighter aircraft. Operators therefore can fly passenger routes on days when passenger volumes are highest and cargo routes on other days.
 The MD-11 is also available in a "combi" version, which provides for both passengers and cargo on the aircraft's main deck. It is designed for routes with generally lower passenger traffic volumes.
 -0- 10/14/92
 /CONTACT: John Thom of Douglas Aircraft Co., 310-593-9223/
 (MD) CO: McDonnell Douglas ST: California IN: ARO SU:


EH -- LA025 -- 9942 10/14/92 14:05 EDT
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Publication:PR Newswire
Date:Oct 14, 1992
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