Flight Options Press Release

Flight Options Announces 350th Customer

April 18, 2000—On March 15, 2000, less than six months after marking its 150th customer, Flight Options, Inc. announced another turning point in the company’s continued growth – the signing of its 350th customer, Mr. John Rosatti, owner of Plaza Auto Malls.

Mr. Rosatti will enjoy a fractional interest in a Beechjet 400A.  He said, “Being part of the Flight Options program will increase time with my family when traveling from my home in Maryland to my new business in South Florida.”  Mr. Rosatti’s Plaza Auto Malls in New York will be expanding to Florida near his recently purchased company, South Florida Yachts.

At the completion of fiscal year 2000, Flight Options maintains its position as the fastest growing fractional program in the industry.  In addition, the fleet size has increased to 76 aircraft including the Citation II, Beechjet 400A, Citation III (to begin September 2000), Hawker 800, Falcon 50 and Challenger 601.   Flight Options also has Envoy 7’s on order with expected delivery in 2003.
 
Flight Options began operations in October 1998 and features fractional ownership programs for previously owned business jets. Flight Options, Inc., is a subsidiary of Flight Options International, Inc., located in Cleveland, Ohio.  Flight Options operates with an emphasis on bringing value-added jets to the fractional ownership market."

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