Story ID: 
Flight Ops Receives First Phenom 300
By: Chad Trautvetter
Caption: Flight Options took delivery of its first Embraer Phenom 300.
Word Count: 111
Flight Options took delivery of its first Embraer Phenom 300. The Cleveland-based fractional aircraft provider has a firm order for 100 of the light jets and options on 50 more. The Phenom 300s are scheduled to be delivered at a rate of about 10 per year over the next 10 years. The first three fractional Phenoms have already been  pre-sold, according to a Flight Options spokesman. Flight Options told AIN that at $3,700 the total per-hour cost, including hourly and monthly fees, for a sixteenth-share Phenom 300 is about 25 percent less than that of competing aircraft. The Phenom 300 will be an additional fleet type, meaning that Flight Options will continue to offer shares in the Beechjet 400/Hawker 400XP.