Flexjet announces $1.4B jet order from Embraer
Flexjet announced that it has placed a $1.4B order with Embraer Executive Jets, a division of Embraer S.A., for the Praetor mid- and super midsized aircraft and Phenom 300 light jets. 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. "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." In anticipation of this substantial order, Flexjet has been aggressive in recruiting pilots this year and recently met its 2019 goal of hiring 175 new pilots, the company said.