Flight Options places $150 million order for 40 aircraft
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CLEVELAND (AP) - Private travel operator Flight Options said Tuesday it placed a $150 million order for 40 aircraft from Nextant Aerospace.
The company said the planes would reduce fuel and maintenance costs and let it cut hourly prices by one-fifth, to $3,975 per hour including fuel.
The 400XT is a remanufactured Hawker Beechjet 400A/XP with new engines and avionics. Nextant said the planes would be delivered over five years, starting with eight next year.
Flight Options sells partial plane ownership, leasing and aircraft management. It operates more than 100 aircraft.
Story Too
CLEVELAND (AP) - Private travel operator Flight Options said Tuesday it placed a $150 million order for 40 aircraft from Nextant Aerospace.
The company said the planes would reduce fuel and maintenance costs and let it cut hourly prices by one-fifth, to $3,975 per hour including fuel.
The 400XT is a remanufactured Hawker Beechjet 400A/XP with new engines and avionics. Nextant said the planes would be delivered over five years, starting with eight next year.
Flight Options sells partial plane ownership, leasing and aircraft management. It operates more than 100 aircraft.
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