Fractional Company Takes Delivery Of Its 40th Phenom 300

Embraer Executive Jets delivered today the 100th Phenom family jet produced in Melbourne, FL just over three years after the first aircraft rolled off this facility’s assembly line. The commemorative aircraft, a NetJets Signature Series Phenom 300, was delivered to NetJets, and will be part of the company’s European fleet.

“The delivery of the 100th Phenom jet made in Melbourne confirms our customers’ appreciation for revolutionary aircraft, like the Phenom 300,” said Marco Túlio Pellegrini, President & CEO, Embraer Executive Jets. “We are very pleased to deliver this milestone Phenom 300 to NetJets, which underscores the value of our strategic partnership.”

NetJets and Embraer signed an original purchase agreement for 50 Phenom 300 firm orders and 75 options, in October 2010. The total value of the deal may exceed US$ 1 billion, if all options are exercised. In December 2014, an agreement to convert 10 Signature Series Phenom 300 purchase options into firm orders was signed by both parties. Embraer has now delivered 40 Signature Series Phenom 300 to NetJets. These aircraft operate in the NetJets fleet, with fractional owners in the U.S. and Europe.

“The Signature Series Phenom 300 has proven itself to be a success in meeting our expectations, and more importantly, the expectations of our customers,,” said Chuck Suma, Senior Vice President of Global Asset Management, NetJets Inc. “The Phenom 300 is the best-selling aircraft in our fleet, and as we accept delivery of our 40th jet, we look forward to continue to bring them into our fleet.”

The Phenom 300 is in operation in the corporate and fractional markets, having become the most delivered business aircraft in 2014, for the second consecutive year. The Phenom 300 has accrued a 57% market share in the light jet category, just five years after entering into service.

The Melbourne facility began operations in 2011, with the assembly of the Phenom 100, and the first aircraft was delivered in December of the same year. Production of the Phenom 300 at this facility began in August 2012, and the first delivery took place in December of the same year.

(Image provided by NetJets)

FMI: www.netjets.com, www.netjets.com