Embraer announced today a firm order valued at $1.4 billion with Embraer for 64 aircraft, including the Phenom 300E, and the Preator 500/600 series. Flexjet in addition will convert its Legacy 450 fleet into the longer-range Praetor 500, using an already FAA approved modification program.
“We are very grateful for Flexjet’s renewed commitment to Embraer through this new agreement, which reflects the growth and the strength of our partnership over the past 16 years and symbolizes our ongoing support for their journey ahead,” said Michael Amalfitano, President & CEO, Embraer Executive Jets. “Flexjet Owners will appreciate and enjoy a truly elevated customer experience in industry-leading aircraft, including the recently certified Praetor jets, which are different by design and disruptive by choice.”
FlexJet will once again be the first to order a new Embraer Preator 500/600 models for its fractional fleet, and has in the past been the first fractional operator of the Legacy 600, Phenom 300 and Legacy 450.
“We are proud to introduce the Praetor jets to the fractional marketplace and make technologically advanced midsize and super-midsize aircraft available to Flexjet Owners,” said Michael Silvestro, Flexjet CEO. “This order also represents the longstanding trust we have in Embraer and in their enhanced commitment to support the growth of our programs and of our partnership with industry-leading business jets.”
This is a key order for Embraer, who recently launched the two new mid-sized models. This is a strong momentum builder for the new program.