Flexjet LLC has placed a $1.4 billion order with Embraer Executive Jets for the Praetor mid- and super midsized aircraft and Phenom 300 light jets.
In 2016, Flexjet introduced the midsized Embraer Legacy 450 to the fractional ownership market. Since that time, the Legacy 450 has proven exceptionally popular as a key component of the premium Red Label by Flexjet offering.
In competing head-to-head with the Citation Latitude, the Legacy 450 stands out with 10% more cabin volume, a speed advantage of more than 40 MPH and an additional 40 cubic feet of baggage space, to name just a few of the superior features. And nearly 35,000 hours of flight data from Flexjet Owners fueled Embraer’s development of the Praetor.
“The spirit of innovation at Embraer keeps us coming back time and again because it dovetails perfectly with our commitment to provide the youngest, most modern fleet to our Owners,” said Flexjet chief executive officer Michael Silvestro. “These aircraft are sure to be crowd-pleasers with their extraordinarily long range and impressive speed for aircraft of their size.”
Flexjet will be converting its full legacy 450 fleet into Praetor 500s, further providing Flexjet travellers with an exceptional aircraft available in the midsized category.
Accepting delivery of the Praetors will make for the fourth time Flexjet’s management team has introduced new Embraer aircraft to the fractional market. Previous introductions were the Legacy Executive in 2003, the Phenom 300 in 2010 and the legacy 450 in 2016.