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Flexjet has announced a significant expansion of its fleet with a $7 billion order for private jets from Embraer. The deal, unveiled on February 5th, includes 182 aircraft comprising Phenom 300Es, Praetor 500s, and Praetor 600s. Additionally, Flexjet has secured an option to purchase up to thirty more jets and an extended service agreement.
The transaction is one of the largest in Embraer's history. Michael Amalfitano, President and CEO of Embraer Executive Jets, commented on the partnership: "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."
Flexjet's relationship with Embraer dates back to 2003 when Flight Options introduced the Legacy executive jet as part of a fractional ownership program. This longstanding collaboration has seen Flexjet become a launch customer for several Embraer models, including the Legacy Executive in 2003 and the Phenom 300 in 2010.
