Flexjet Orders $7 billion Worth of Embraer Bizjets
Order includes 182 aircraft with
options for 30 more over six years
Updated Feb 5, 2025 7:57 PM EST
Embraer Executive Jets Praetor 600.
Credit: Embraer
There’s evidence that business
aviation is doing quite well as the end of the first quarter of the century
approaches. Fractional share provider Flexjet yesterday announced a $7 billion
order for 182 aircraft from Embraer Executive Jets, to be delivered over the
next six years. The order projects that the Flexjet fleet will almost double –
to some 600 aircraft by 2031.
The website Private Jet Card
Comparisons reported that
Flexjet chairman Kenn Ricci “teased” the order in September 2023 at the opening
of Flexjets’ $50 million operations center in Cleveland, Ohio. Flexjet and
Embraer’s Executive Jets business unit both referred to the order as the
biggest in the history of each signatory. The order also includes options for
30 more aircraft, as well as enhanced services and a support agreement.
Aircraft on the list include the
super-midsize Praetor 600, midsize Praetor 500, and light-jet Phenom 300E.
Flexjet CEO Mike Silvestro said that “the “vast majority” of the fleet orders
are split between the two Praetor models.
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