Charter & Fractional
Travel Air, Flight Options on merger final approach
The combination of fractional providers Flight Options and Raytheon Travel Air (RTA) into Cleveland-based Flight Options LLC is expected by the end of this

The combination of fractional providers Flight Options and Raytheon Travel Air (RTA) into Cleveland-based Flight Options LLC is expected by the end of this month, according to Flight Options CEO and founder Kenn Ricci. Government antitrust approval was granted in the middle of last month, clearing the merger’s last big hurdle.

Under the cashless deal first announced in late December, Flight Options LLC will assume between $50- and $70 million of unsold aircraft inventory from RTA, for which the Cleveland-based company has signed a promissory note.