Melbourne, FL, USA, July 25, 2014
– Embraer Executive Jets delivered today the 25th Phenom 300 to NetJets, a Berkshire Hathaway company. A Purchase Agreement for 50 Phenom 300, plus 75 options, was signed in October 2010. The total value of the deal may exceed USD 1 billion, if all options are exercised.
“We are absolutely delighted with this delivery to NetJets, just over a year after the first Phenom 300 joined their fleet,” said Marco Túlio Pellegrini, President & CEO, Embraer Executive Jets. “The Phenom 300 was the most delivered business aircraft in 2013, and we are thrilled with its success among NetJets’ customers.”
The aircraft delivered today is the 200th Phenom 300 manufactured by the Company. The delivery ceremony took place at the Embraer assembly facility in Melbourne, Florida, where this aircraft was produced. Over 70 Phenom jets have been assembled in Melbourne, and delivered primarily to customers in the North American market. The Phenom 300 is in service in over 25 countries.
“The Signature Series™ Phenom 300 is our best-selling aircraft right now and a core part of our NetJets fleet,” said Chuck Suma, Senior Vice President of Global Asset Management, Global Procurement, and Global Process Improvement, NetJets Inc. “In fact, it is selling so well that we have asked Embraer to accelerate the delivery schedule, which will add four additional jets this year. By the end of 2014, we will have 35 Signature Series™ Phenom 300s in our fleet.”
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. The balance of NetJets’ Phenom 300 order, in addition to any options exercised, will also be produced in Melbourne.About NetJets
NetJets® Inc., a Berkshire Hathaway® company, is the worldwide leader in private aviation with the largest and most diverse private jet fleet in the world. NetJets began in 1964 as the first aircraft charter and management company in the world. In 1986, NetJets pioneered the concept of fractional aircraft ownership – offering individuals and businesses all of the benefits of whole aircraft ownership and more, at a fraction of the cost. Today, NetJets offers a full range of private aviation solutions through its programs in North America and Europe, including NetJets Shares™, NetJets Leases™ and the Marquis Jet Card®, which provides access to NetJets though a 25-hour jet card.
The North America program is managed and operated by NetJets' subsidiary NetJets Aviation, Inc., and the European program is managed and operated by NetJets Transportes Aereos, SA, a Portuguese/EU Air Carrier. In the United States, NetJets also offers aircraft management and on-demand charter services through its subsidiary, Executive Jet Management, Inc. Subject to obtaining relevant regulatory approvals, NetJets will also offer aircraft management and charter services in China through NetJets China Business Aviation Limited, a joint venture between NetJets and a consortium of Chinese investors. The NetJets companies offer worldwide flight operations. More information on NetJets, NetJets Europe, the Marquis Jet Card, and Executive Jet Management is available at www.netjets.com
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firstname.lastname@example.org About the Phenom 300
The Phenom 300 performs among the top light jets, with a high speed cruise of 453 knots and a six-occupant range of 1,971 nautical miles (3,650 km) with NBAA IFR reserves. This range allows nonstop flights from Miami to Telluride, or Los Angeles to Orlando. With the best climb and field performance in its class, the Phenom 300 costs less to operate and maintain than its peers. The aircraft is capable of flying at 45,000 feet (13,716 meters), powered by two Pratt & Whitney Canada PW535E engines with 3,200 pounds of thrust each.
The Phenom 300 offers a spacious cabin, designed in partnership with BMW Designworks USA, and the largest baggage compartment in its category. The largest windows in the class deliver abundant natural lighting in the cabin as well as in the aft private lavatory. The comfort of the seats, with recline and full movement capability, is enhanced by the best pressurization among light jets (6,600 ft. maximum cabin altitude). The Phenom 300 features distinct temperature zones for pilots and passengers, a wardrobe and refreshment center, voice and data communications options, and an entertainment system.
The pilot-friendly cockpit enables single-pilot operation and offers the advanced Prodigy Touch Flight Deck option. The features it carries from a class above include single-point refueling, externally serviced lavatory, and an air stair.About Embraer Executive Jets
Embraer is one of the world’s leading executive jet manufacturers, having entered the business aviation market in 2000 with the Legacy jet, which led to the launch of Embraer Executive Jets in 2005. Its portfolio, the broadest in the market, consists of the entry-level Phenom 100E and the Phenom 300 light jet, the Legacy 500 midsize and Legacy 450 mid-light, the super midsize Legacy 600 and large Legacy 650, and the ultra-large Lineage 1000E. Embraer Executive Jets Customer Support and Services comprises a global network of owned and authorized 68 service centers, complemented by a 24/7 Contact Center, at its headquarters, in Brazil.
For more information, please visit www.EmbraerExecutiveJets.com
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Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) is the world’s largest manufacturer of commercial jets up to 130 seats, and one of Brazil’s leading exporters. Embraer’s headquarters are located in São José dos Campos, São Paulo, and it has offices, industrial operations and customer service facilities in Brazil, China, France, Portugal, Singapore, and the U.S. Founded in 1969, the Company designs, develops, manufactures and sells aircraft and systems for the commercial aviation, executive aviation, and defense and security segments. It also provides after sales support and services to customers worldwide. For more information, please visit www.embraer.com.br
. This document may contain projections, statements and estimates regarding circumstances or events yet to take place. These projections and estimates are based largely on current expectations, forecasts of future events and financial trends that affect Embraer’s businesses. Those estimates are subject to risks, uncertainties and suppositions that relate to, among others: general economic, political and trade conditions in Brazil and in those markets where Embraer does business; expectations of industry trends; the Company’s investment plans; its capacity to develop and deliver products on the dates previously agreed upon, and existing and future governmental regulations. The words “believe”, “may”, “is able”, “will be able”, “intend”, “continue”, “anticipate”, “expect” and other similar terms are intended to identify potentialities. Embraer does not undertake to publish updates nor to revise any estimates due to new information, future events or any other facts. In view of the inherent risks and uncertainties, such estimates, events and circumstances may not take place. The actual results may therefore differ substantially from those previously published as Embraer expectations.