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September 22, 2009updated Feb 08, 2013

FlightOptions Unveils New Lease Program

By Pardhasaradhi Gonuguntla

As a constant source of innovative and enduring value for over 10 years, Flight Options has once again demonstrated leadership in the business aviation industry by unveiling an unprecedented lease program.

Under one simple program, monthly lease payments are offered on each of Flight Options’ pre-owned aircraft beginning at the low rate of $985 for a Hawker 400XP! Residual value concerns are eliminated and credit availability issues are solved. Financing for the lease is managed internally eliminating the need for third party interaction and assuring complete confidentiality for the consumer.

“Companies in today’s environment still carry the burdens of yesterday’s workload with the added challenges of cash and cost control,” said Flight Options CEO Mike Silvestro. “Yet leaders of successful companies know that face-to-face contact is a critical ingredient to that success and the responsible use of both commercial and business aircraft is the key to that contact.”

“Our newest program takes advantage of the historically low aircraft values and converts them into a one-year lease with the ability to extend up to five years,” Silvestro stated. “Owning and leasing each have their place…leasing will be an integral component of the fractional industry going forward.”

Flight Options’ lease program is targeted at those businesses which are having to do more with fewer people covering the same geographical area. Buyers benefit from a short-term commitment with long-term value. Through this program, cash flow is minimized and, by not being capitalized, balance sheets remain strong. The end result locks in today’s pricing for tomorrow’s economy.

As the economy begins its long road to recovery, successful companies will migrate to strategies that help to insure they outperform their competition. Flight Options is committed to its role in the economic recovery.

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