Ricci receives an award from NATA

Flight Options has announced
that Kenneth Ricci has received the William A. Ong Memorial Award from the
National Air Transportation Association.

“I am honored, and deeply
grateful, that the National Air Transportation Association has selected me as
this year’s winner of the William A. Ong Memorial Award,” said Ricci. “I regard
the award not simply as a personal honor but as recognition of the men and
women of Flight Options and the other aviation companies with which I have been
honored to have been associated. My success is built on the foundation of their
talent and efforts.”

Ricci, who has spent more than three decades developing innovative services in
the aviation industry, revolutionized the fractional aircraft ownership
industry by founding Flight Options in 1998.

Since founding aircraft management and corporate charter operator Corporate Wings
in 1980, Ricci has launched or led other aviation enterprises including Nextant
Aerospace, Constant Aviation and Inertial Airline Services. He also has played
a key role in such ventures as the restructuring of Mercury Air Centers, which
was sold to Macquarie Infrastructure Trust in 2007 in a deal valued at $615
million.

In addition to leading several aviation operating companies, Ricci also is the
principal of Directional Aviation Capital, which owns or invests in various
aviation enterprises including Flight Options, and is an operating partner at
Resilience Capital Partners, a private equity firm with a wide variety of
portfolio companies, including an investment in Flight Options.