The strong demand for business aircraft is reflected in increased sales of airplanes not only to traditional buyers, but also to fractional share providers:

• Bombardier Aerospace, which builds a variety of business aircraft (including Learjets), announced this summer more than $2 billion worth of new orders for corporate airplanes, including 20 Global Express airplanes that will be used in the company’s FlexJet fractional ownership program.
• Cessna Aircraft holds orders for 100 new Citation Sovereign jets from Executive Jet, the original and largest fractional share provider, which will use them in its NetJets program.
• Dassault Aviation sold a record number of Falcon Jets in 1997 and 1998, including 38 Falcon 2000 business jets to Executive Jet.
• Fairchild Aerospace recently launched its Envoy 7 large-cabin business jet with a 25-aircraft sale to Flight Options, the Cleveland-based fractional share company that has attracted more than 100 customers since commencing operations in October 1998.
• Raytheon Aircraft has sold more than 50 Hawker 800XP jets to Executive Jet and is delivering King Air turboprop airplanes, Beechjets and Hawkers to its own rapidly expanding in-house fractional program, Travel Air, which in a recent survey was rated the highest in customer satisfaction among all major fractional providers.