Alteon Opens Regional Training Center in Singapore

SINGAPORE, January 18, 2007—Alteon Training, a wholly-owned subsidiary of The Boeing Company (NYSE: BA) announced the official opening of its Singapore Training Center today. Mr. Lim Hng Kiang, Singapore’s minister for Trade and Industry was the guest of honor at the ceremony.

The state-of-the-art facility houses seven full flight simulator bays. Four full-flight simulators are currently installed including a Boeing 777-200/300; a Boeing 737-300/400/500; an Airbus A320; and a Fokker 100. A Boeing 737-800 is planned for installation in mid-2007 and the Boeing 787 is scheduled to arrive in the first quarter of 2008.

"We are very excited to celebrate the opening of the newest addition to our global network of training centers," said, Sherry Carbary, Alteon president. "The Singapore center greatly expands our capability to meet the increasing demands for aviation training in the region."

Carbary also noted, "The government and people of Singapore have been very supportive and welcoming of us and we would like to express our gratitude and appreciation to them. Alteon looks forward to working closely alongside the Singapore aviation industry."

In addition to flight simulators, the training center hosts a cabin emergency evacuation trainer and other advanced-technology training devices such as flat-panel trainers (FPT). Pilots, maintenance and flight attendants in-training use workstations equipped with self-guided computer based training, allowing students to progress at their own pace. The center has six classrooms, a computer-based training room and a student lounge.

Located near the Changi International Airport, the Singapore Training Center has the capability to train more than 6,000 pilot crews per year as well as maintenance and cabin crew personnel.

Alteon Training is the world's preferred aviation training partner and the industry leader in providing customer-focused aviation training solutions. The company provides its partners with an expanding and integrated services portfolio that includes flight, technical and cabin-crew training.

Alteon is a wholly owned subsidiary of The Boeing Company within Boeing Commercial Airplanes' Commercial Aviation Services group. The training organization supports the world's aviation community utilizing more than 80 full flight simulators in over 20 locations around the world.