Embraer and NetJets have signed a deal for up to 100 additional Phenom 300s further to the century already delivered to the US operator. The deal, valued at $1.2bn, will see NetJets begin taking delivery of the 300Es in the second quarter of 2023 across both the US and Europe.
NetJets first signed a purchase agreement with the Brazilian OEM in 2010, at the time for 50 Phenom 300 executive jets – plus up to 75 options. NetJets said this new aircraft order, which includes a full services agreement, “signifies their commitment and their trust” in Embraer’s aircraft.
Michael Amalfitano, president and CEO, Embraer Executive Jets, said the strategic partnership with NetJets has been “an integral part of Embraer’s success” for over 10 years.
Amalfitano continued: “NetJets is recognised worldwide for the excellence of its operations and for providing an outstanding customer experience, so this continuing deal is an endorsement to the quality of our product and standards in performance, technology, comfort, and support. Embraer and NetJets share the same vision for business aviation, making the Phenom 300 series – the best-selling light jet for nine years in a row – an excellent choice.”
Doug Henneberry, executive vice president, Aircraft Asset Management, NetJets added: “For years, the Embraer Phenom 300 has been an integral part of the NetJets fleet. With this order for the Phenom 300E, we continue to provide our owners with the exceptional travel experiences they have come to expect, as well as continue our significant partnership with Embraer.”