Three-year Contract Valued At US$28 million

F light Options, LLC will soon begin training all of the company's pilots at CAE SimuFlite's Dallas- Fort Worth center thanks to an agreement announced on Tuesday. The exclusive three-year agreement, with an option for two more years, is the single largest ever for CAE SimuFlite. The three-year deal, which becomes fully effective in February, is valued at approximately US$28 million (C$35 million). If exercised, the additional two-year contract option could bring the value to US$48 million (C$61 million) over five years. Based in Cleveland, Ohio, Flight Options, LLC is the world's fastest growing fractional provider and employs over 1300 professionals nationwide. Flight Options offers fractional shares and leases in i

Jet Based In San Jose

Delta AirElite Business Jets announced on Wednesday it has added a new Citation X business jet to its operating certificate. The aircraft, which is based at the San Jose (CA)International Airport, joins Delta AirElite's fleet through a charter management agreement. The company says charter management agreements allow it to increase aircraft availability without large capital commitments and to offer on-demand charter service on a broad base of high-quality, well-maintained corporate jets. The eight-seat, 3,300nm Citation X joins Delta AirElite Business Jets' diverse fleet, including Bombardier Challenger, Learjet, Gulfstream and Cessna Aircraft. The company claims it has over 400 business jets positioned throughout the United States.