Flexjet expands fleet with landmark US$7 billion Embraer jet order

Embraer Executive Jets has signed a purchase agreement with Flexjet, a global pioneer in the fractional jet ownership sector. The agreement includes a fleet of Embraer business jets, featuring the Praetor 600, Praetor 500 and Phenom 300E models, alongside an enhanced suite of services and support.

Valued at up to US$7 billion at current list prices, this represents the largest order in Flexjet's 30-year history and the most substantial firm order for Embraer's executive aircraft to date. With this agreement, Flexjet reaffirms its longstanding commitment as Embraer's first fleet customer for Praetor jets and now introduces the latest generation of the Phenom 300E to its expanding global portfolio.

The partnership between Embraer and Flexjet dates back to 2003, when Flight Options, which merged with Flexjet in 2015, became the first fractional ownership programme to introduce the Legacy executive jet. Over the years, this collaboration has expanded significantly, with an increasing presence of Praetor 600, Praetor 500 and Phenom 300 series aircraft in Flexjet's global fleet.

Flexjet has a history of being the first fleet customer for multiple Embraer models, including the Legacy Executive in 2003, the Phenom 300 in 2010, the Legacy 450 in 2016, and the Praetor 500 / Praetor 600 in 2019. Additionally, Flexjet has played a key role in Embraer's milestones, such as the delivery of the 100th Phenom 300 in 2012 and the 1,000th Embraer executive jet, a Legacy 500, in 2016. These aircraft have set new industry standards, with the Phenom 300 holding the title of the world's most delivered light business jet for 12 consecutive years, according to data released by GAMA (General Aviation Manufacturing Association). The Legacy 450 and Legacy 500 were also the first fly-by-wire aircraft in Flexjet's fleet, offering the performance of larger aircraft with the cost efficiency of midsized jets.