Embraer signs US$1.2 billion deal with NetJets for up to 100 Phenom 300-series jets

NetJets has signed an order for up to 100 Phenom 300-series jets ©Embraer

Brazilian planemaker Embraer has confirmed it has agreed to supply existing Phenom customer NetJets with up to a further 100 of the light jets in an order worth up to US$1.2 billion at list price. In 2010 NetJets first signed a deal with Embraer for 50 Phenom 300 executive jets with an option for a further 75. With this new agreement, which includes a comprehensive services agreement, NetJets has strengthened its commitment to Embraer and its trust in an industry-leading portfolio and customer support network. As part of the deal, NetJets will begin taking delivery of the Phenom 300E in the second quarter of 2023, in both the U.S. and Europe.

“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,” said Michael Amalfitano, President & CEO of Embraer Executive Jets. “NetJets is recognized worldwide for the excellence of its operations and for providing an outstanding customer experience, so this continuing deal is an endorsement to 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 an excellent choice.”

“For years, the Embraer Phenom 300 has been an integral part of the NetJets fleet. 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,” said Doug Henneberry, Executive Vice President of Aircraft Asset Management at NetJets, Inc.

NetJets Inc. includes NetJets, Executive Jet Management, QS Partners, and QS Security and offers a variety of travel solutions customized to fit each owner’s needs. This includes fractional aircraft ownership, lease and jet card options, aircraft management, private jet chartering, brokerage and acquisition services, and specialized security services.

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