New Jet Club Membership Program from Flight Options for the Phenom 300

Flight Options has launched
a new membership program for the Embraer Phenom 300 executive jet. Combining
the advantages of fractional ownership with the flexibility of a jet card, the
new Flight Options Jet Club Membership 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.

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.”