Flight Options Press Release

Flight Options Announces the Ultimate in JetPASS Travel

JetPASS Ultimate Travel offers the most flexibility of any membership program in the industry

CLEVELAND (May 1, 2006) – Flight Options, LLC, a leading provider of fractional shares in business aircraft and a Raytheon Company (NYSE: RTN), today launched one of its most innovative programs to-date, JetPASS Ultimate Travel.

“Convenience, flexibility and an aircraft to meet a specific mission is what the private jet travel consumer is seeking,” said James R. Dauterman, vice president, sales and contracts, Flight Options, LLC.  “And JetPASS Ultimate Travel offers just that as well as Flight Options’ industry-leading safety and service without the purchase of a fractional share in our program.”

JetPASS Ultimate Travel affords the opportunity to have immediate access to light, mid-size and large cabin aircraft with a deposit of $100,000.  With just one membership, this innovative pricing allows for an individual to select the aircraft needed for each specific trip.  In addition, the fuel surcharge is included.

JetPASS Ultimate Travel is the only program in the industry that has a fully refundable balance and allows for access to Cabo San Lucas, Bermuda, Mexico and virtually all of the Caribbean without ferry fees.

Based in Cleveland, Ohio, Flight Options, LLC offers the complete spectrum of programs from fractional ownership to leasing to JetPASS Ultimate Travel and has received the prestigious ARG/US Platinum Safety Rating three times. The Flight Options fleet of approximately 175 aircraft includes the world’s largest fleets of Beechjet 400As and Legacy Executive aircraft. Flight Options’ fleet consists of the Beechjet 400A/Hawker 400XP, Hawker 800XP, Citation X and Legacy. More information is available at www.flightoptions.com or by calling 877.703.2348.

Nextant 400XT Citation X Legacy 600