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Tuesday, October 19, 2010

NetJets Places Phenom 300 Order

Providing early fanfare Monday at the NBAA conference in Atlanta, Embraer and fractional ownership company NetJets announced a purchase agreement for up to 125 Phenom 300 executive jets, with a potential value in excess of $1 billion at current list price.

The agreement covers 50 customized Phenom 300 “Platinum Edition” aircraft, plus 75 options. The first 50 jets will be delivered from 2013 to 2015.

Embraer President and CEO Frederico Fleury Curado and NetJets Chairman and CEO David Sokol celebrated the agreement by pulling the wraps off a Platinum Edition model aircraft. During a press briefing, Sokol suggested the custom version will feature interior changes, but not be limited to the cabin.

“Our owners have identified certain creature comforts they wanted in the cabin,” Sokol said. But he added later that the Platinum Edition “is more than just cabin amenities.”

The standard Phenom 300 is fitted with Embraer’s Prodigy flight deck based on Garmin G1000 avionics.

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