NetJets has signed a continuing deal with Embraer for up to 100 additional Phenom 300s, adding to the 100 Phenom 300s already delivered. The deal is worth in excess of $1.2 billion, and as part of it, NetJets will begin taking delivery of the Phenom 300E in the second quarter of 2023 in both Europe and the US.
NetJets first signed a purchase agreement with Embraer in 2010 for 50 Phenom 300 jets plus up to 75 options. With this new aircraft order, which includes a comprehensive services agreement, NetJets signifies its commitment to an enhanced customer experience and its trust in Embraer's portfolio and customer support network to deliver the ultimate experience to its customers.
“For years, the Embraer Phenom 300 has been an integral part of our fleet,” says NetJets executive VP of asset management Doug Henneberry. “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.”
Embraer Executive Jets CEO Michael Amalfitano adds: “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. NetJets is recognised worldwide for the excellence of its operations and for providing an outstanding customer experience, so this continuing deal is an endorsement of the quality of our product and standards in performance, technology, comfort and support. 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.”