RAYTHEON FRACTIONAL PROGRAM GROWING FAST, ON THE VERGE OF TURNING A PROFIT

Raytheon Travel Air (RTA), the industry's third largest fractional aircraft provider, has grown to 46 aircraft, 300 shareholders and 220 pilots just two years since the program began, and officials said last week they expect to have 1,000 owners and more than 180 aircraft flying by 2004. Like their...

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