Flexjet Inks $7 Billion Order for Embraer Business Jets

On February 4th, Embraer Executive Jets announced a $7 billion order from fractional provider Flexjet that includes firm orders for 182 aircraft—a mix of Phenom 300E light jets and Praetor 500 and 600 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.