Boeing 737-700 Generates More French Jobs Than Airbus A319

LE BOURGET, France, June 19, 1997 - As the Boeing 737-700
prepared to depart the Paris Air Show, Ron Woodard, Boeing Commercial
Airplane Group president, noted that the 737-700 program will generate more
jobs in France over the next three years than will the Airbus A319, the
competing airplane showcased here at LeBourget.

"Very simply, that's because 737s are delivered exclusively with
CFM56 engines," Woodard said, "However, only a minor share of the
A320 series incorporate these great Snecma engines. "

CFM56 engines are produced by CFMI, a joint venture of Snecma and
GE.

"Snecma and our other French suppliers have been major contributors
to the success of the 737. And they should feel very proud of what we have
built together," Woodard said. "In the past five years, this
relationship has generated more than $2. 5 billion in revenue for Snecma and
its suppliers here in France.

"And, as we look toward the next eight years, we estimate that
Boeing will generate nearly $9 billion in sales for Snecma engines, which
translates into some 33,000 jobs each year throughout France," Woodard
added.

The Snecma/GE joint venture has supplied engines for all current
737-300/-400/-500s. The engines have been so successful that the companies
have agreed to continue this relationship on the Next-Generation
737-600/-700/-800 models, which have established a record number of orders
before the first delivery.

"The success of the Boeing/Snecma partnership has been phenomenal
and has provided significant economic benefits for everyone associated with the program," Woodard said.