Huge Phenom 300 Buy for Flight Options

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Fractional jet operator Flight Options recently placed an order for nearly $1 billion worth of Phenom 300 light jets, with a firm order for 100 jets and an option for up to 50 more. Flight Options is slated to get its first Phenom 300 in late 2009.

The purchase will greatly increase Flight Options' already strong presence in the fractional/jet card marketplace, giving it a large number of identically equipped, capable airplanes (1,800 nm range and a max speed of Mach .78) that will compete with other fractional providers' super-light jet offerings.