Flight Options Press Release

Flight Options' Legacy Program Continues to Exceed Expectations

Program continues to grow and provide the large cabin capacity desired by its owners at a low Occupied Hourly Rate one year after introduction

LAS VEGAS (October 11, 2004) - Flight Options, LLC, a leading provider of private travel solutions in business aircraft and an affiliate of Raytheon Company (NYSE: RTN), continues to see growth and reliability in its Legacy program.  The company expects to have six Legacy aircraft by the end of 2004.

“We are seeing tremendous popularity in our Legacy program since its inception,” said John Nahill, chairman and chief executive officer, Flight Options, LLC.  “This aircraft is the smart choice in the large cabin category by providing our owners with the large cabin capacity they desire, unsurpassed reliability and an Occupied Hourly Rate that rivals a mid-size aircraft.  Additionally, we offer the Legacy in our fractional, leasing and JetPASS programs allowing our owners and members to have the ability to utilize this aircraft to meet their missions.”

Powered by Rolls-Royce AE3007A1E engines, the Legacy is a true performer reaching a maximum cruise speed of Mach .80.  In addition, the aircraft delivers a range of 3,250 nautical miles.  The Legacy is also equipped with the latest in avionics technology for global navigation.

The Legacy offers the highest standard of comfort.  With seating for 13 passengers and a 1,410 cubic foot cabin, shareowners and their passengers experience three different seating areas: forward club seating; center dining and meeting table; and a semi-private aft cabin which includes a divan.  In addition, there is walk-in access to the 240 cubic feet of baggage space, the largest baggage volume in the Flight Options fleet.  

Based in Cleveland, Ohio, Flight Options, LLC is the industry leader of private jet travel solutions by providing a breadth of programs and the depth of one of the largest fleets in the industry. The company offers the complete spectrum from fractional ownership, leasing and membership options and has received the prestigious ARG/US Platinum Safety Rating twice. The Flight Options fleet of more than 215 aircraft includes the world’s largest fleets of King Air’s, Beechjet 400A’s and Hawker 800’s. The fleet also includes the CitationJet, Hawker 400XP, Citation V, Citation 650, Falcon 50, Citation X, Challenger 601, Legacy and Gulfstream IV. More information at www.flightoptions.com.

Nextant 400XT Citation X Legacy 600