Flexjet Buys $1.4 Billion In Embraer Jets

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Key Takeaways:

  • Embraer announced a $1.4 billion firm order from FlexJet for 64 aircraft, including Praetor 500s, 600s, and Phenom 300s, making FlexJet the launch customer for the new Praetor jets.
  • The announcement coincided with the recent certification of Embraer's refreshed line of midsize business jets.
  • Embraer has been demonstrating the Praetor models' speed and range, with the Praetor 500 being proclaimed the fastest in its class and capable of non-stop transcontinental flights.
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At NBAA-BACE 2019 in Las Vegas, Embraer marked the recent certification of its refreshed line of midsize business jets with the announcement of a firm order from FlexJet worth $1.4 billion. The fractional operator will take a mix of 64 aircraft, including an unspecified number of new Praetor 500 and 600 jets. The balance of the order will be taken up with Phenom 300s. With the order, Flexjet becomes the launch customer for the Praetor, which was introduced a year ago at NBAA-BACE 2018 in Orlando.

Meanwhile, Embraer has been busy proving the mettle of both models of Praetor with speed and range milestones being notched all over the world in what CEO Michael Amalfitano called the “journey of wonder.” He also proclaimed the 500 the fastest in its class and touted its ability to go nonstop from Miami to Seattle and New York to L.A.

Russ Niles

Russ Niles is Editor-in-Chief of AVweb. He has been a pilot for 30 years and joined AVweb 22 years ago. He and his wife Marni live in southern British Columbia where they also operate a small winery.
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