Flight Options Flies
Corporate Angel Network's 15,000th Flight

FRACTIONAL OWNER PARTICIPATION IN
CORPORATE ANGEL NETWORK ON THE RISE

White Plains, NY - For its milestone 15,000th flight on July 26, 2002, Corporate Angel Network helped an eight-year-old brain cancer patient by arranging for Flight Options, LLC, a leading provider of fractional shares in jet aircraft, to fly the young boy from Tampa, FL to Memorial Sloan-Kettering in New York City, where he will receive potentially life saving treatment. A Flight Options Hawker 800 arrived at Westchester County Airport in White Plains, NY (Avitat-Westchester) at 12:30 PM carrying young Christopher Becker, who was accompanied by his father, Patrick Becker.

"It's especially appropriate," remarked Bonnie LeVar, Corporate Angel Network's new Executive Director, "that our landmark 15,000th flight be made by Flight Options, the first fractional jet ownership provider to join the Corporate Angel Network. Many fractional owners are starting to realize the great service they can offer cancer patients by providing an empty seat or donating flight hours."

"Flight Options is delighted to donate flight time to such a worthy cause," said Kenn Ricci, Chairman & CEO of Flight Options. "The work Corporate Angel Network does is truly a special gift, and we are happy to participate."

On the field to greet the arrival of the 15,000th flight was Leonard M. Greene, a co-founder of the Network, who personally flew Corporate Angel Network's first flight as well as its 1,000th, 5,000th, and 10,000th. A longtime supporter of the Network, Greene was previously Chairman and presently serves on its Board of Directors.

Holder of over 100 patents and a National Inventors Hall of Fame inductee, Greene is credited with saving thousands of lives through his invention of stall warning and wind shear warning, both of which are FAA-mandated for installation on U.S. aircraft. James E. Rogan, Under Secretary of Commerce and Director of the United States Patent and Trademark Office, has called Greene "one of this country's greatest living inventors."

Corporate Angel Network (www.corpangelnetwork.org) is a public charity that arranges free air transportation aboard corporate and fractionally owned aircraft for cancer patients traveling to treatment. Since it was founded in 1981, the organization has coordinated 15,000 flights and attracted 500 of America's best corporations into its network, including 56 of the top 100 in the Fortune 500. These companies recognize that offering a vacant seat is a tremendous opportunity to help cancer patients win their battle. The organization may be contacted at (914) 328-1313 or at info@corpangelnetwork.org.

Founded in 1998, Flight Options pioneered the concept of offering shares in previously owned jets, thus reducing the cost and opening private jet travel to a broader audience. After merging with Raytheon Travel Air in March, 2002, the company now offers new and pre-owned fractional shares in its fleet of over 200 aircraft, including the King Air B200, CitationJet, Beechjet 400A, Citation V, Citation 650, Hawker 800XP, Falcon 50, Challenger 601, and Gulfstream IV. Flight Options recently received the ChevronTexaco Corporate Angel Award for its ongoing support of Corporate Angel Network.

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