Friday March 12 , 2010

Citation Shares Launches New Simplified Fractional Product

New Program Streamlines Fractional Jet Ownership and Introduces Customized, Cost-Saving Options

GREENWICH, CT -- October 23, 2006 – CitationShares®, the innovative leader in private jet travel and fractional ownership, has launched a new program that offers payment predictability, customized program options and cost savings never before seen in the industry.

With Citelines™ by CitationShares, customers can save tens of thousands of dollars by choosing to fly on non-peak days. This program also combines all management and operating costs for the year into one predictable payment. Standard fractional programs traditionally allow flights on any day of the year without properly recognizing the value differential between peak and non-peak days. With the new Citelines program, owners can choose to fly 365 days, 350 days, 335 days or 320 days a year. The fewer peak days selected, the higher the cost savings. CitationShares CEO Steve O'Neill commented, "Customers who do not fly on peak travel days should not have to pay the same as those who plan travel on those days. And, for those with flexible travel schedules, Citelines provides cost savings to travelers that are not currently available by others.” In addition to a meaningful savings opportunity, Citelines simplifies the payment of all operating costs, giving owners one predictable payment that covers all charges and fees, including fuel surcharges, repositioning fees and taxes. There are no hidden costs and the price can be split into equal monthly payments or paid annually at a discount. A similar advantage is now available with the company's innovative 20-hour Vector JetCard™ by CitationShares. Those who agree to fly only on non-peak days will receive bonus hours at no additional cost.

About CitationShares
Based in Greenwich, Connecticut, CitationShares offers individuals and businesses the opportunity to experience the advantages of private travel by becoming fractional aircraft owners or Vector JetCard members. CitationShares is a joint venture of Cessna Aircraft Company, a division of Textron Inc. (NYSE: TXT), and TAG Aviation USA, Inc. For more information about CitationShares and its offerings, contact 800-340-7767 or visit http://www.citationshares.com/.

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