Embry-Riddle Donates Kristin Hill Painting to Boeing Capital Corporation

Boeing Capital Supports Growth of General Aviation at All Levels

The painting, titled "Skyhawks and Eagles," honors the ongoing relationship between Boeing Capital and Embry-Riddle. According to Hill, who will participate in the presentation, her painting of an Embry-Riddle Cessna Skyhawk 172 in flight represents the spirit of aviation and the industry's bright future.

Embry-Riddle President George Ebbs said, "Boeing Capital has been an important aspect of our continued success. Therefore, the donation of this painting is a token of our heartfelt gratitude for their support."

In 1997, Boeing Capital announced it would provide the lease-financing package for Embry-Riddle's acquisition of Cessna 172 Skyhawk aircraft. The financial partnership included 61 of the single-engine trainer aircraft over a three-year period. The first Skyhawk was delivered in September 1997, and the fleet has been fully implemented in the university's training program.

In addition to the Skyhawks, Boeing Capital provided financial support for a number of single-engine trainer fleets for a variety of organizations. The company, which is one of the largest financiers of corporate and commercial jet aircraft in the world, was chosen by Embry-Riddle because of its shared commitment to the growth and vitality of the entire aviation industry.

"We are flattered by Embry-Riddle's gesture of appreciation. As one of the most experienced providers of quality aviation and aerospace education, Embry-Riddle is at the forefront of training our industry's future. We are extremely proud of our association with this highly respected institution," said Louis Seno, director of Business Aircraft Finance for Boeing Capital's Commercial Finance Group.

Attending the presentation ceremony in the Boeing Capital exhibit (Booth 2456) will be:

• Dr. George Ebbs, President, Embry-Riddle Aeronautical University
• Kenneth DuFour, President, Aviation Management Consulting, Alumni-at-Large Trustee for Embry-Riddle
• Victor D'Avanzo, Senior Vice President, U.S. Aviation Underwriters, Alumni-at-Large Trustee for Embry-Riddle
• Tom Motherway, President, Boeing Capital Corporation
• Steve Williamson, Vice President, Boeing Capital Corporation's Commercial Finance Group
• Louis Seno, Director, Business Aircraft Finance for Boeing Capital's Commercial Finance Group
• Candace Dennis, Southeast Marketing Director for Boeing Capital's Commercial Finance Group
• Kristin Hill, Aviation Artist

Founded in 1925, Embry-Riddle is the world's oldest and largest university specializing in aviation and aerospace. Its undergraduate aeronautical science (professional pilot) degree program is the largest in the United States. With residential campuses in Daytona Beach, Fla., and Prescott, Ariz., plus distance-learning offerings and an extensive network of teaching centers at civilian and military sites throughout the United States and in Europe, Embry-Riddle offers students a comprehensive education to prepare them for productive careers in aviation, aerospace engineering, and related fields.

Boeing Capital Corporation is a worldwide provider of lease and loan financing for commercial aircraft, commercial equipment, and executive aircraft. Headquartered in Seattle, Wash., Boeing Capital Corporation has been a provider of equipment and aircraft financing for more than 30 years. Its portfolio of business aircraft encompasses all types of new and used executive aircraft, including Bombardier, Cessna, Dassault, and Gulfstream. Boeing Capital Corporation specializes in flexible finance and lease structures, offering a diversified range of financing options, including off-balance sheet, tax exempt and, floor plan financing programs. A wholly owned subsidiary of The Boeing Company, Boeing Capital Corporation is focused on providing customers with total financing solutions.