Executive AirShare Takes Delivery of First Phenom 300
KC-Based Fractional is World's Leading Operator of Embraer Phenom Aircraft
KANSAS CITY, Mo. July 1, 2010 --- Executive AirShare today announced that the Kansas City, Mo.-based regional fractional aircraft ownership company has taken delivery of the first Embraer Phenom 300 aircraft for its fractional fleet. The Phenom 300 will serve owners in the Central U.S., and extends Executive AirShare's position as the world's leading operator of Phenom aircraft.
Executive AirShare continues its reputation for cost-efficiency by offering owners access to the Phenom 300 at the current rate of $1,780 per flight–hour. As always, Executive AirShare does not have a fuel surcharge.
Executive AirShare was the first company to operate both the Phenom 100 and Phenom 300 under FAA Part 135 and the first to operate the Phenom 100 under Part 91(k) fractional program operating rules. Executive AirShare's wholly owned aircraft management subsidiary, Executive Flight Services, took delivery of the first Phenom 300 delivered by Embraer on behalf of its third party owner in December 2009, and Executive AirShare now operates nine Phenom 100 and two Phenom 300 aircraft in its combined fractional and managed fleet.
"Executive AirShare's regional business model enables owners to take advantage of entry level and light jet aircraft on a 'per day' basis—an experience that most closely replicates the benefits of full ownership," said Robert D. Taylor, chairman and chief executive officer, Executive AirShare. "The combined attributes of our regional fractional model and the incomparable efficiency of the Phenom product line, positions Executive AirShare as the most cost-effective fractional program in the U.S."
"The key benefit of business aviation is the ability to be where you need to be when you need to be there, and Executive AirShare is the fractional program that truly delivers to our shareowners, their world on their schedule," adds Executive AirShare President and Chief Operating Officer Keith D. Plumb. "The aircraft is always ready and waiting to complete the next leg of the mission, regardless of how the owner's schedule might change during the day."
The Phenom 300 is a light jet aircraft that offers seating for up to seven passengers, a range of 1,971 nautical miles with six occupants (2,266 sm), and a cruising speed of 453 knots (521mph).
Founded in 2001, Executive AirShare operates a fleet of late-model jet and turboprop aircraft serving owners throughout the Central United States. As one of the nation's largest regional fractional aircraft ownership companies, Executive AirShare offers businesses and individuals the benefits of corporate aircraft without the expense and hassle of managing their own flight operations. Executive AirShare is based in Kansas City, Mo., and also operates out of Wichita, Kan., Tulsa and Oklahoma City, Okla., Dallas and Fort Worth, Texas.
Executive AirShare currently operates a fleet of Phenom 300 and 100, Beechjet 400A, KingAir 350 and C90B aircraft and is the only established fractional aircraft ownership company to offer both the Phenom 100 and Phenom 300 aircraft. Executive AirShare also offers aircraft management and charter services through its subsidiary, Executive Flight Services. For more information about Executive AirShare and its services, please visit execairshare.com. For more information about Executive Flight Services, please visit www.execflightservices.net.
