Embraer Executive Jets has signed a USD 7 billion purchase agreement with Flexjet, for a suite of services and support alongside a fleet of business jets, including the Praetor 600, Praetor 500, and Phenom 300E aircraft.
The agreement represents the largest order by Flexjet in its history and the largest firm order for Embraer’s executive jets. The two companies have upheld a partnership since 2003 when Flight Options (merging with Flexjet in 2015) became the first fractional ownership programme to introduce the Legacy executive jet.
“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 excited to continue offering Flexjet’s customers access to our market-leading Phenom jets and our Praetor jets, the best in their respective categories.”
Previously, Flexjet was the first fleet customer for the Legacy Executive in 2003, the Phenom 300 in 2010, the Legacy 450 in 2016, and the Praetor 500 / Praetor 600 in 2019. The company was also involved in the delivery of Embraer’s 100th Phenom 300 in 2012 and the 1,000th Embraer executive jet, a Legacy 500, in 2016.
“Now in our 30th year at Flexjet, it seems fitting to extend our rewarding and long-term relationship with Embraer with this historic firm order. Since 2003, we have accepted delivery of more than 150 Embraer aircraft,” said Michael Silvestro, CEO of Flexjet. “Both the Praetor 500 and Praetor 600 are high performers in the Flexjet fleet. 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.”
Photo: Embraer
