Flight Options Press Release

Flight Options Selects Fleet Capital to Provide Client Financing

CLEVELAND, OH (March 12, 2001) -- Flight Options, Inc., the nation’s premier national fractional jet program offering shares in previously owned aircraft, has named Fleet Capital Leasing a provider of client financing.

Rich Heckman, Vice President Sales & Marketing, said, “We are delighted to have this financing avenue as an additional benefit for our clients.  Fleet Capital Leasing is clearly an innovator in the aircraft financing industry.”

“Our company looks forward to providing Flight Options clients with attractive financing packages to make their private travel a reality,” said Michael Amalfitano, business manager.

Fleet Capital Corporation, which has 30 offices located throughout the United States and more than $14 billion lease assets, provides secured financing and other commercial finance services to domestic middle-market companies and their foreign subsidiaries.  Fleet Capital Leasing is part of FleetBoston Financial, a $220 billion diversified financial services company and the seventh largest bank in the nation.  FleetBoston Financial offers a comprehensive array of innovative financial solutions to 20 million customers in some 20 countries.  FleetBoston Financial is headquartered in Boston and listed on the New York Stock Exchange (NYSE: FBF).

Flight Options, Inc. began its pre-owned fractional program in October 1998 and announced its 600th customer in December 2000, making it the fastest growing fractional jet program.  The company operates with an emphasis in bringing pre-owned jets to the fractional ownership market.  Flight Options offers fractional shares in its fleet of 85 aircraft, which includes the Citation II, Beechjet 400A, Citation V, Citation III, Hawker 800, Falcon 50, Challenger 601 and Gulfstream IV."

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