Embraer Executive Jets today announced a $7 billion order from fractional provider Flexjet that includes firm orders for 182 aircraft—a mix of Phenom 300Es light jets and Praetor 500s and 600s midsize jets—and options for another 30, as well as enhanced services and support. Deliveries are set to begin next year and run through 2030.
It represents Flexjet’s largest order in its three-decade history and will nearly double the size of its fleet by 2031. The two companies have had a long relationship: Flexjet was the fleet launch customer for the Embraer Legacy 600 in 2003, Phenom 300 in 2010, Legacy 450 in 2016, and Praetor 500 in 2019.
“Since 2003, we have accepted delivery of more than 150 Embraer aircraft,” said Flexjet CEO Michael Silvestro. “The Praetor 600 was so well accepted in Europe [that] we opted to include it on our North American fleet in 2023, extending our Embraer fleet across two continents.” As a result, he noted that the company’s pilots and maintenance technicians are “intimately familiar” with the type.
“We are delighted with Flexjet’s renewed commitment to Embraer through this comprehensive purchase agreement, which strengthens even further our strategic partnership,” said Embraer Executive Jets president and CEO Michael Amalfitano. “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.”