Flexjet signs $7bn order for 182 aircraft with Embraer

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Global fractional ownership programme operator Flexjet announced a $7bn purchase agreement with Embraer for the purchase of 182 aircraft over a period of next five years.

The deal commitment comprises a fleet of Embraer business jets, which includes the Praetor 600, Praetor 500 and Phenom 300E models, as well as an enhanced services and support agreement.

“Now in our 30th year at Flexjet, it seems fitting to extend our rewarding and long-term relationship with Embraer with this historic and groundbreaking firm order. In fact, since 2003, we have accepted delivery of more than 150 Embraer aircraft,” said Michael Silvestro, CEO of Flexjet.

“Both the Praetor 500 and 600 are high performers in the Flexjet fleet. In fact, the Praetor 600 was so well accepted in Europe, we opted to include it in our North American fleet in 2023, extending our Embraer fleet across two continents. And as the first fractional provider of the Praetor 500, our maintenance technicians and our pilots are intimately familiar with the aircraft and are looking forward to the continued growth of this fleet.”

The deal, in addition to the 182 aircraft, includes 30 options. The order, once fulfilled, will nearly double Flexjet’s fleet over the course of next five years.

The two firms have been partnering for more than two decades. Flight Options, which later merged with Flexjet in 2015, made its first order with Embraer in 2008 for the Legacy executive jet.

Since then, the two companies have partnered on various aircraft as seen in the presence of Embraer’s Praetor 600’s, Praetor 500’s and Phenom 300/E series aircraft in Flexjet’s global fleet.

“We are delighted with Flexjet’s renewed commitment to Embraer through this comprehensive purchase agreement, which strengthens even further our strategic partnership of over 20 years,” said Michael Amalfitano, president & CEO, Embraer Executive Jets.

“We are very excited to have many more loyal Flexjet fractional owners enjoy access to our industry-leading Phenom and best-in-class Praetor jets.”

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