Flight Options Gets Interest In Management Plan

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Flight Options now has three wholly owned private jets in its fractional fleet through a system it calls its Fractional Interchange Management (FIM) Program. Under the program, aircraft owners turn over management of their planes to Flight Options, which adds them to the fleet of more than 130 fractionally owned aircraft under Flight Options' management. The aircraft earns revenue for the owner while it flies for Flight Options and the owner has access to the company's fleet of 130 business aircraft.

The latest addition to the FIM fleet is a Hawker 800XP, a mid-sized jet with a 2,600-nm range and top cruise speed of 514 mph. Flight Options' fleet includes Citation X, Gulfstream, Challenger and Embraer aircraft.