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Embraer, Flexjet ink deal worth up to $7 billion for executive jets
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Embraer, Flexjet ink deal worth up to $7 billion for executive jets
Feb 5, 2025 3:48 AM

SAO PAULO, Feb 5 (Reuters) - Brazilian planemaker

Embraer ( ERJ ) said on Wednesday it has signed a purchase

deal worth up to $7 billion with Flexjet for a fleet of Phenom

and Praetor executive jets, including firm orders for 182

aircraft and options for another 30.

"This is the largest order placed by Flexjet in its 30-year

history and is also the largest firm order for Embraer's ( ERJ )

executive aircraft," Embraer ( ERJ ) said in a statement. Flexjet

operates in the fractional jet ownership segment.

(Reporting by Gabriel Araujo; Editing by Emelia

Sithole-Matarise)

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