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RAYTHEON TRAVEL AIR'S FRACTIONAL OWNERSHIP PROGRAM
RAYTHEON TRAVEL AIR'S FRACTIONAL OWNERSHIP PROGRAM has signed its 550th customer in fewer than three years of operation. When the business was launched in August 1997, Travel Air had 13 airplanes and 42 owners, but has grown to a fleet of 78 aircraft and 550 owners. The company also has begun selling shares in the new Premier I entry-level business jet, which is scheduled to receive FAA certification late this summer, and the Hawker Horizon, which features a cabin significantly larger than that on the Hawker 800XP.