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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 3:49 AM

SAO PAULO (Reuters) - Brazilian planemaker Embraer 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 executive aircraft," Embraer 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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