SUCCESS! The bloody thing runs perfectly!
Dosbox version: 065
Settings:

Game needs loadfix: yes

Environment:

Amount of DOS memory: 63
Enable XMS
Enable EMS
Enable UMB

Cycles: 10000
CPU core: normal
Frame skip: 0
Video card: vga

Thanks your help, however this is not the end, I will come back with questions on "Wings of Glory" in a different post. I have realized that you are reliable people who read the posts and try to do something to help. Thank you very very much!