Cleveland, Ohio – Kenn Ricci, Chairman and CEO, Flight Options, Inc. announced today that Stephen Nevin has accepted the position of Chief Financial Officer at Flight Options, Inc.   “We are extremely pleased to have Stephen on board,” said Mr. Ricci.  “His depth of experience is a welcome addition to Flight Options.”

Mr. Nevin has left his position as Vice President Finance and Chief Financial Officer of Atlas Air, Inc., a $600 million publicly owned airline; and formerly held the position of Senior Vice President Finance for Air Tran Holdings, Inc.

A graduate of Denison University, he holds a Bachelor’s degree in History and Economics.  Additionally, Mr. Nevin has earned his master’s degree in Business Administration from the University of Wisconsin.
 
Located in Cleveland, Ohio, Flight Options was formed with an emphasis on bringing value-added jets to the fractional ownership market.  Fractional shares are now available in previously-owned small, mid-range and large cabin jets.  With the announcement of its 215th customer, Flight Options maintains its position as the fastest growing fractional program in the industry. 

The company recently announced an order valued at $760 million for the purchase of 25 Envoy 7 intercontinental business jets.  Envoy 7 deliveries will begin in 2002, joining the current Flight Options fleet of Citation II, Beechjet 400A, Hawker 800A, and Challenger 601 aircraft.