F light Options, LLC will soon begin training all of the
company's pilots at CAE SimuFlite's Dallas- Fort Worth center
thanks to an agreement announced on Tuesday. The exclusive
three-year agreement, with an option for two more years, is the
single largest ever for CAE SimuFlite.
The three-year deal, which becomes fully effective in February,
is valued at approximately US$28 million (C$35 million). If
exercised, the additional two-year contract option could bring the
value to US$48 million (C$61 million) over five years.
Based in Cleveland, Ohio, Flight Options, LLC is the world's
fastest growing fractional provider and employs over 1300
professionals nationwide. Flight Options offers fractional shares
and leases in i
Delta AirElite Business Jets announced on Wednesday it has added
a new Citation X business jet to its operating certificate. The
aircraft, which is based at the San Jose (CA)International Airport,
joins Delta AirElite's fleet through a charter management
The company says charter management agreements allow it to
increase aircraft availability without large capital commitments
and to offer on-demand charter service on a broad base of
high-quality, well-maintained corporate jets.
The eight-seat, 3,300nm Citation X joins Delta AirElite Business
Jets' diverse fleet, including Bombardier Challenger, Learjet,
Gulfstream and Cessna Aircraft. The company claims it has over 400
business jets positioned throughout the United States.