Flight Options Press Release

Flight Options Launches New Jet Club Membership Program For The Phenom 300

Program Combines Benefits of Fractional Ownership with Cost Advantages of Jet Cards

CLEVELAND, Ohio – June 22, 2011 – Flight Options, LLC, the nation’s second-largest fractional jet company, today launched a revolutionary new membership program for the industry-shattering new Phenom 300® executive jet by Embraer. Combining the advantages of fractional ownership with the flexibility of a jet card, the new Flight Options Jet Club MembershipTM program gives Members access to the Phenom 300 without the asset purchase or monthly management fees.

“Flight Options has a long history of delivering value to its clients through innovation, and the new Jet Club Membership program is squarely in this tradition,” said Michael Silvestro, Flight Options Chief Executive Officer. “Our program provides greater flexibility with a lower financial outlay, making it the perfect complement to our successful fractional ownership and JetPASS® programs.”

The new Jet Club Membership program has two levels allowing members to access either 75 or 150 hours of flight time in the Phenom 300 to be used anytime within the 36 month membership period. The program's pricing structure consists of a one-time membership access fee and block purchases of either 25 or 50 hours at a time.  Similar to fractional ownership, Jet Club Membership provides Members the opportunity to lock-in the base hourly rate over the term of their contract, subject to an annual adjustment.  Membership also guarantees a 12-hour response time with full access to Flight Options’ primary and extended service areas.

The Flight Options Phenom 300 has best-in-class fuel economy, cabin comfort, speed and mission capability surpassing that of many mid cabin jets. Flight Options began taking delivery of the Phenom 300 executive jet in May 2010 and currently has seven of the aircraft in service. Flight Options anticipates having 15 Phenom 300s in operation by the end of 2011.

"For 13 years, Flight Options has been a pioneer in private aviation, continually breaking new ground in safety, service and value,” said Kenneth Ricci, Chairman of Flight Options. “The Jet Club Membership revolutionizes the traditional private jet program structure, making Flight Options the only private aviation company to offer membership in the Phenom 300.”

For more information about the Jet Club Membership program, interested individuals may contact Flight Options at 877.703.2348.

About Flight Options

Headquartered in Cleveland, Ohio, Flight Options, LLC is the second-largest private aviation company in the United States, providing more than 1,300 owners and clients with a full suite of fractional ownership, membership and 25-hour card programs. The company operates a fleet of more than 100 aircraft including the Hawker 400XP, Embraer Phenom 300, Hawker 800XP, Citation X, Embraer Legacy 600 and the, flying clients to most of North America, the Caribbean or Europe with as little as eight hours notice. With five maintenance centers in Las Vegas, Teterboro, West Palm Beach, Sacramento and Cleveland, Flight Options is the first fractional jet operator to receive an ARG/US Platinum Safety Rating and is the only provider to have received the rating five consecutive times.

More information is available at www.flightoptions.com or by calling 877.703.2348.

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