NetJets Orders Up To 100 More Embraer Aircraft

Embraer and NetJets have signed a deal for up to 100 aircraft, valued in excess of $1.2 billion at current list prices.

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.

NetJets first signed a purchase agreement with Embraer for 50 Phenom 300 executive jets plus up to 75 options in 2010.

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

The new NetJets order includes a comprehensive services agreement.

“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—the best-selling light jet for nine years in a row—an excellent choice.”

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