MGM Resorts orders six Embraer business jets
MGM Resorts has placed a Letter of Intent (LoI) with Embraer for the delivery of six of the company’s business jets.
The order is for three Lineage 1000Es, and three Legacy 500s. The company will use the aircraft to bring big spenders to MGM resorts.
If all aircraft are delivered, the deal would be worth over $200 million at 2015 list prices.
“A vitally important element of our overall guest service is delivering a comfortable travel experience to some of our more important guests,” said Jim Murren, chairman and CEO, MGM Resorts International. “At the same time, we are also committed to the environment and improving our company’s operating performance. We believe this action, which replaces our older equipment, will provide an attractive return on investment and is consistent with our profit growth plan, which is geared toward improving our operating performance.”