Embraer and NetJets have signed a continuing deal for up to 100 additional Phenom 300 Series aircraft, worth in excess of $1.2 billion. As part of the deal, NetJets will begin taking delivery of the Phenom 300E in the second quarter of 2023, in both the US and Europe.
NetJets first signed a purchase agreement with Embraer in 2010, for 50 Phenom 300 executive jets plus up to 75 options. This new aircraft order includes a comprehensive services agreement.
“We are pleased to have signed this significant deal with NetJets, as our strategic partnership has been an integral part of Embraer’s success for over a decade,” said Michael Amalfitano, President & CEO of Embraer Executive Jets. “Embraer and NetJets share the same vision for business aviation, making the Phenom 300 series—the best-selling light jet for nine years in a row—an excellent choice.”
“For years, the Embraer Phenom 300 has been an integral part of the NetJets fleet. With this order for the Phenom 300E, we continue to provide our Owners with the exceptional travel experiences they have come to expect, as well as continue our significant partnership with Embraer,” said Doug Henneberry, Executive Vice President of Aircraft Asset Management at NetJets.