Flexjet reinforces its commitment to Embraer as first fleet customer for Praetor jets and introduces the improved Phenom 300E into its global portfolio
· New deal is valued at up to USD $7 billion, including a firm order of 182 aircraft and 30 options, and an enhanced suite of services and support
· With this historic order, Flexjet’s fleet size will nearly double in the next five years
Melbourne, Florida, February 5, 2025 – Embraer Executive Jets, a division of Embraer S.A. announced today a purchase agreement with Flexjet, a global leader in private jet travel. The deal commitment comprises a fleet of Embraer business jets, which includes the Praetor 600, Praetor 500 and Phenom 300E models, as well as an enhanced services and support agreement. This firm order of 182 aircraft and options for another 30 will nearly double the size of Flexjet’s fleet in the next five years.
The agreement is valued at up to USD $7 billion at current list prices and includes an enhanced services and support agreement. Not only is this the largest order Flexjet has placed in its 30-year history, but it is the largest order to date for Embraer Executive Jets. Flexjet reaffirms its longstanding commitment as Embraer’s Praetor fleet launch customer and now introduces the enhanced Phenom 300E model to its growing global portfolio.
“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 very excited to have many more loyal Flexjet fractional owners enjoy access to our industry-leading Phenom and best-in-class Praetor jets.”
The partnership between Embraer and Flexjet dates back to 2003, when Flight Options, which merged with Flexjet in 2015, became the first fractional ownership program to introduce the Legacy executive jet. This longstanding partnership has grown significantly over the years and continues today with a growing presence of Praetor 600’s, Praetor 500’s and Phenom 300/E series aircraft in Flexjet’s global fleet.
“Now in our 30th year at Flexjet, it seems fitting to extend our rewarding and long-term relationship with Embraer with this historic and groundbreaking firm order. In fact, since 2003, we have accepted delivery of more than 150 Embraer aircraft,” said Michael Silvestro, CEO of Flexjet. “Both the Praetor 500 and 600 are high performers in the Flexjet fleet. In fact, the 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.”
Flexjet has a history as being the launch customer for three mainstay Embraer products – the Legacy Executive in 2003, the Phenom 300 in 2010, the Legacy 450 in 2016 and the Praetor 500 / 600 in 2019. In fact, Flexjet has helped usher in key milestones with Embraer via the 100th milestone Phenom 300 delivery in 2012 and the 1,000th Embraer executive jet, a Legacy 500, in 2016. These aircraft have each broken barriers in their respective classes with the Phenom 300 seeing its 12th consecutive year as the most delivered light business jet in the world, according to numbers released by GAMA (General Aviation Manufacturing Association). The Legacy 450 and Legacy 500 were both the first fly-by-wire aircraft for the Flexjet fleet, offering performance capabilities of larger aircraft with midsized economics.
Release Embraer
Photo Rob Vogelaar
