Flight Options Press Release

Flight Options Brings Safety to a Higher Plane

CLEVELAND (March 27, 2006) – Flight Options, LLC, a leading provider of fractional shares in business aircraft and a Raytheon Company (NYSE: RTN), announced today that the company has become the first fractional aircraft operator approved by the Federal Aviation Administration (FAA) to participate in an Aviation Safety Action Program (ASAP).

“Our dedication to continuous safety improvement has allowed us to become the first fractional carrier and Part 135 operator in the continental USA to partner with the FAA and institute ASAP,” said S. Michael Scheeringa, Chief Executive Officer, Flight Options, LLC. “In 2004, Flight Options established the management oversight structure of a Part 121 commercial carrier.  Continuing to partner with the FAA and taking advantage of the known benefits commercial carriers have seen with ASAP was a logical next step for our organization.”

The goal of the program is to enhance aviation safety by encouraging flight crews to voluntarily report critical safety information, helping to proactively identify and correct hazards. ASAP was previously approved only for commercial airlines. On Monday, March 27th, company leaders met with FAA personnel at the Rochester Flight Standards District Office to finalize and officially launch the new program. 

Flight Options, LLC offers the complete spectrum of programs from fractional ownership to leasing to JetPASS membership and has received the prestigious ARG/US Platinum Safety Rating twice. The Flight Options fleet of approximately 200 aircraft includes the world’s largest fleets of Beechjet 400As and Legacy Executive aircraft. Flight Options’ fleet consists of the Beechjet 400A/Hawker 400XP, Hawker 800XP, Citation X and Legacy. More information is available at www.flightoptions.com or by calling 877.703.2348.

Nextant 400XT Citation X Legacy 600