Flight Options Announces Phenom 300 Program Expansion

CLEVELAND, Dec. 14, 2010 /PRNewswire/ -- Flight Options, LLC, the industry leader in safety, customer service and adaptation of innovative technology, has announced that its revolutionary Embraer Phenom 300 fractional program is now its fastest growing program - with four deliveries scheduled for December alone – and three already in the US.

(Photo: http://photos.prnewswire.com/prnh/20101214/NY17232 )

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"The Phenom 300 defines value," said Flight Options CEO Mike Silvestro. "It is a clean-sheet, light-jet design that combines a midsize-jet cabin, industry-leading passenger and cockpit technology with extremely low occupied hourly rates – 25 percent below our current price leader, the Hawker 400XP."

The all-new Phenom 300 – available exclusively from Flight Options – keeps the comfort and productivity of its seven passengers at the forefront.  Satellite communications, Wi-Fi/broadband, in-flight entertainment, enclosed lavatory and ample baggage space combine to create an incomparable in-flight experience.  

Flight Options Vice President-Sales & Marketing, Matt Doyle, said, "Flight Options is the only fractional aircraft ownership company holding the ARG/US Platinum Rating for safety.  The state-of-the-art cockpit technology of the Phenom 300 highlights our continued commitment to safety.  This technology, combined with category-leading speed, short-field capability and long range means the Phenom 300 instills confidence and provides mission flexibility unmatched by any light jet."

"As testament to the desirability of this amazing airplane, every Phenom 300 delivered to Flight Options has been pre-sold," added Doyle, "even those due in early 2011.  However, new Phenom 300 customers may begin flying with Flight Options immediately – regardless of when they take title to their share."

The Phenom 300 also qualifies for all bonus depreciation benefits for 2010 and those currently planned for 2011.

Flight Options placed its order for 100 Phenom 300 executive jets, plus 50 options, in 2007.  The total value of the order exceeds $1.2 billion, at current list price.  The company expects to receive aircraft deliveries over the next 10 years.

About Flight Options

Flight Options has earned a reputation as a leader and innovator within the private jet industry. For over 12 years, Flight Options has continued to offer the complete spectrum of programs from fractional ownership to leasing, aircraft management, and JetPASS Select 25-hour card membership. The company is an industry leader in private aviation safety and provides personalized service to over 1,300 Owners and Members.  Flight Options owns and operates a fleet of more than 100 aircraft consisting of the Phenom 300, Hawker 400XP, Hawker 800XP, Citation X, and Embraer Legacy 600. More information is available at www.flightoptions.com or by calling 877.703.2348.

SOURCE Flight Options, LLC