Embraer gets the largest Phenom executive jet order
Embraer and Flight Options, one of the largest private jet service companies in the world signed a contract for the acquisition of 100 Phenom 300 aircraft, with options for an additional 50 aircraft of the same model. This is the Company’s largest Phenom executive jet order, worth US $ 746 million at 2007 list price, and could reach US $ 1.12 billion, if all options are exercised.
An additional agreement for a maintenance and support program is valued at over US $ 200 million.
The delivery of the first Flight Options Phenom 300 jet is scheduled for the end of 2009.