Tue, Sep 05, 2006
Program Offers Fuel At Cost, Distance-Based Pricing
Raytheon-owned
fractional ownership operation Flight Options, LLC told ANN Tuesday
the company is launching a new purchase and use program, intended
to deliver up to a 15 percent increase in value for customers
through access to more hours or savings on long haul trips.
Representatives with Flight Options say the new Fractional
First(TM) program delivers the increased transparency, added
flexibility and simplified terms that private jet users have been
asking for from fractional jet providers -- while simplifying the
confusing and restrictive calculations that have become the
industry standard.
Fractional First benefits include:
- No Taxi Time Deduction resulting in more air time (taxi time
will still be paid -- but not deducted from share hours
purchased).
- Distance-Based Pricing yielding more air time as hourly rates
are based upon distance flown.
- Transparent Fuel Cost allowing customers to pay what Flight
Options pays and uses rather than base price plus surcharge at a
five-year fixed-usage rate.
- Flexible Use Option for utilization of 80 percent to 120
percent of share hours purchased each year and management fees only
on hours used.
- Extended Service Area whereby customers pay only the fuel cost
for the repositioning leg when flying outside of the Primary
Service Area.
"Customers have been
telling us that in addition to greater value they want the decision
process to be easier," said S. Michael Scheeringa, chief executive
officer, Flight Options, LLC. "By adding Fractional First to our
industry-leading safety record, ease of one-stop coordination and
renowned personalized service, Flight Options emphasizes its
commitment to customer satisfaction and strengthens its competitive
position as their preferred fractional ownership resource."
Flight Options, LLC offers a wide range of programs, and has
received the prestigious ARG/US Platinum Safety Rating three times.
The Flight Options fleet of over 150 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.
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