“When you get into the larger aircraft it becomes like a hotel, with dozens of staff supporting the plane based in a galley area down below. You have very comprehensive cooking facilities, and on larger aircraft we have looked at theatres, with spiral staircases and a Steinway grand piano. The limitations for what you can put inside a plane are pretty much the limits of physics, and even money cannot always overcome that. Even so, people are still always trying to push [the limits]. ”
Kenn Ricci Back at Flight Options
Cleveland-based fractional provider Flight Options has named Kenn Ricci chairman. Mike Silvestro, meanwhile, becomes CEO, replacing S. Michael Scheeringa. Additional management changes at the company are anticipated, according to industry sources.Ricci returns to Flight Options 10 years after founding the company and six years after selling it to Raytheon Corp. Last November, Raytheon sold the company to Miami-based H.I.G. Capital, and in April Ricci took a minority share in Flight Options, as well as a seat on its board. Silvestro, who was Flight Options' vice president of sales and marketing from 2000 to 2005, most recently held a senior position with another fractional provider. Scheeringa will remain an investor in Flight Options and an "advisor to the board," a spokesman said. In a letter to customers announcing his departure, Scheeringa wrote, "Flight Options will [still] be pursuing strategic acquisitions, creative products and adding aircraft types," such as the Phenom 300 next year.