Flight Options Press Release

Citation X Jet Added To Flight Options’ Fleet

Flight Options, a leading provider of fractional shares in jet aircraft, announced today that the company is adding the Citation X (CX) to its fleet of aircraft.  The CX is the third largest jet in the Flight Options fleet that currently features ten different aircraft models.  The announcement was made at the National Business Aviation Association (NBAA) Convention taking place in Orlando, FL.

Flight Options has secured five (5) Citation X’s that will be used to initiate the program.  The CX program will be operational November 1, 2002.  The smallest share (1/16) in the Citation X program is priced at $937,500.
 
The CX provides Flight Options’ shareowners excellent performance, luxurious cabin accoutrements and a comfortable double-club seating arrangement.  The CX can cruise at 587 mph at up to 45,000 feet.  The aircraft’s speed makes it the fastest jet in general aviation.

In addition to the CX’s performance, the comfort of the aircraft is noteworthy.  The nearly 24 foot cabin, configured to accommodate 8 passengers, provides shareowners and their traveling parties an abundance of personal space.  The Flight Options CX also features state-of-the-art cabin management and entertainment systems.
 
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 world’s largest fleets of Beechjet 400A’s and Hawker 800’s.  The fleet also includes the King Air B200, CitationJet, Citation V, Citation 650, Hawker 800XP, Falcon 50, Citation X, Challenger 601 and Gulfstream IV."

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