Flight Options Press Release

Flight Options Maintenance Joins ASAP for Another First in Aviation Safety

CLEVELAND (April 16, 2007) – Flight Options, LLC, a leading provider of fractional shares in business aircraft and a Raytheon Company (NYSE: RTN), announced today that the company has signed a Memorandum of Understanding with the Federal Aviation Administration (FAA) to extend its existing Aviation Safety Action Program (ASAP) to its maintenance personnel.

The company now extends this key safety reporting program to nearly two-thirds of its employee population.  Flight Options employs more than 400 maintenance professionals, the largest dedicated maintenance network in the private jet travel industry.

“The maintenance group is pleased to join with our flight department in this comprehensive approach to improving the already wide margin of safety our owners count on today,” said Jerry Bemis, vice president of maintenance, Flight Options.

In March 2006, Flight Options became the first fractional provider to establish ASAP for its pilots.  ASAP is a voluntary reporting program that provides a systematic means for company personnel to identify potential safety hazards. Under this program, Flight Options and the FAA cooperate to improve aviation safety through self-reporting, joint follow-up and prompt corrective action.

Flight Options, LLC offers the complete spectrum of programs from Fractional First™ ownership to leasing to JetPASS Ultimate Travel membership to Aircraft Management. As the first fractional provider selected by the FAA to participate in the Aviation Safety Action Program and to partner in the development of the Safety Management System prototype, Flight Options’ industry leading safety status is evident. The Flight Options fleet of over 140 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