Embraer announced October 21 that it had inked a deal with fractional operator Flexjet for $1.4 billion worth of Embraer airplanes.
This includes the new Praetor 500 and Praetor 600 super-midsize jets, as well as the company’s Phenom 300. It also marks the first fleet sale for the Praetor 500 and 600. Deliveries will begin in the fourth quarter of 2019.
“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 Embraer Executive Jets President and CEO Michael Amalfitano.