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Flight Options will place $1.7 billion worth of new aircraft orders, including a minimum of 105 aircraft on order with Raytheon Aircraft Company. The company has also committed to 25 Fairchild-Dornier Envoy 7’s for delivery beginning in 2004. Flight Options will also continue to actively acquire aircraft in the open market for its pre-owned aircraft product lines.

Founded in 1998, Flight Options pioneered the concept of offering shares in previously owned jets. This allowed the company to present a cost savings of 35% on comparable programs offered by their competitors, opening private jet travel to a broader audience. With the addition of new jets to its fleet, the company continues to be an innovator in the industry with its highly competitive Factory-Supported Pricing™ plan. Flight Options offers fractional shares in its fleet of over 200 aircraft, which includes the King Air B200, CitationJet, Beechjet 400A, Citation V, Citation III, Hawker 800A, Hawker 800XP, Falcon 50, Challenger 601-3A and Gulfstream IV.

For more information contact:
Heather Dynes
Flight Options
26180 Curtiss-Wright Parkway
Cleveland, OH 44143
Telephone 216-261-3500
hdynes@flightoptions.com