Alteon Breaks Ground with Its Newest Training Center in Singapore

Singapore, Feb. 16, 2006 -- Alteon Training, a wholly owned subsidiary of The Boeing Company (NYSE BA), broke ground on a new regional training center in Singapore today.

The Singapore Training Center is located near Changi International Airport in the eastern part of Singapore. Upon completion in October, the approximately 7,000-square-meter, state-of-the-art facility will have the capability to train more than 6,000 pilot and flight attendant students per year.

The Guest-of-Honor at the groundbreaking ceremony, Mrs. Lim Hwee Hua, minister of State for Finance and Transport, said, "Alteon's decision to set up its regional training center here, and its experience and leadership in the field, will continue to strengthen Singapore's reputation as a key aviation hub and attract other aerospace-related companies to invest in Singapore."

"Today's groundbreaking ceremony marks a significant milestone in Alteon's expansion plans in Asia-Pacific," said Alteon President Pat Gaines. "We recognize the high-growth potential of the region and at the same time increased demand for pilots and operations crew required to operate and maintain the new aircraft ordered by many airlines in the region."

"Our new facility in Singapore is another example of our commitment to working with our partner airline customers by providing them with cost-effective and geographically convenient total training solutions to match their requirements," he added. The three-story training facility will house seven full flight simulator bays. The training center will host a cabin emergency evacuation trainer and other advanced-technology training devices such as flat-panel trainers (FPT). Pilot and flight attendant training will employ workstations equipped with self-guided computer based training, allowing students to progress at their own pace. The center will house six classrooms, a computer based training room and a student lounge.

Initial plans call for the installation of six full-flight simulators: one Boeing 777-200ER/300/300ER; one Boeing 747-400; one Airbus A320; one Boeing 737 EFIS Classic; one 737 NG; and one Fokker 100 to support the region's burgeoning airlines. In addition, a suite of A320 Safety Emergency Procedures equipment will be installed.

Alteon has four other training centers in the Asia-Pacific region, including Brisbane, Australia; Seoul/Inchon, South Korea; and Kunming and Tianjin, China.

Alteon Training is the world's preferred aviation training partner and the industry leader in providing customer-focused aviation training solutions. The company provides customers 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 with more than 70 full flight simulators in over 20 locations around the world.