Subscribe Free
in Business Aviation

Embraer delivers its first Praetor 500 business jet to the market

Posted 24 December 2019 · Add Comment

Embraer has delivered its first Praetor 500 business jet to the market, just over one year after its announcement at the 2018 National Business Aviation Association’s Business Aviation Convention and Exhibition (NBAA-BACE).

 

It was delivered alongside the Praetor 600, both of which have received triple certification from ANAC, the FAA, and EASA, becoming the most technologically advanced aircraft in the midsize and super-midsize categories. 

The first Praetor 500 was delivered to Flexjet, a global leader in private jet travel, which is introducing the aircraft into its fractional fleet through a purchase agreement with Embraer, announced at NBAA-BACE 2019. The deal is valued at up to $1.4 billion, at current list prices, and comprises a fleet of Embraer business jets. With this order, which includes the Phenom 300 light jet and the recently certified Praetor 500 and Praetor 600 jets, Flexjet became the Praetor Fleet Launch Customer.

“As the Praetor Fleet Launch Customer, Flexjet, once again, will lead the fractional ownership market with the introduction of the most modern midsize aircraft,” said Michael Amalfitano, President & CEO, Embraer Executive Jets. “It is with much gratitude and pride that we deliver our first Praetor 500 to Flexjet, confident that Flexjet Owners will enjoy the ultimate customer experience in business aviation.”

Flexjet’s success with the introduction of the Legacy 500 into its Red Label fleet in 2015, complemented by the addition of the Legacy 450 in the following year, allowed its customers to benefit from capabilities and performance of larger aircraft, but at midsize economics. Both Legacy models became the first full fly-by-wire aircraft in the Flexjet fleet, delivering a smooth flight experience, previously unseen in medium cabin aircraft.

“We know what our Owners look for in an aircraft and the Praetor 500 hits so many of those features — from performance to fuel efficiency to ample baggage space,” said Flexjet CEO Michael Silvestro. “And in keeping our commitment to have the youngest and most modern fleet on the market, soon we will begin upgrading all our Legacy 450s to Praetor 500s.”

* required field

Post a comment

Other Stories
Advertisement
Latest News

EgyptAir receives fourth Airbus 320neo at Cairo International Airport

EgyptAir’s fourth A320 Neo aircraft arrived today at Cairo International Airport from 15 aircrafts the company has contracted for, from Airbus factory in Toulouse, France, in cooperation with Aercap.

Etihad Cargo selects ECS Group

Etihad Cargo has selected ECS Group, the world’s largest General Sales & Support services group, to deliver a significant scope of its new regional sales operating model across multiple-territories.

Qatar Airways and Air Malta sign codeshare agreement

Qatar Airways and Air Malta have signed a comprehensive codeshare agreement which reinforces Air Malta’s drive to expand its network and extend its reach, whilst showing Qatar Airways' long-term commitment to Maltese passengers and

Rolls-Royce BR725 engine tops one million flying hours

The Rolls-Royce BR725 engine recently achieved another impressive milestone by reaching one million flying hours.

Hamad's smart way to become the airport of the future

Doha’s Hamad International Airport is pressing ahead with initiatives to improve its services – including a project that transforms a passenger’s face into their identity card through the facility. Alan Dron reports.

Aviation Africa opens in Ethiopia next week

One of the most strategically important aviation events in the 2020 calendar opens next week in Addis Ababa, Ethiopia – 4 & 5 March.

Airport Security SK2702240620
See us at
SaudiAirshow21BT2011180221FIL20BT140124720AVMENA20 BT1309100620AVAFA20BT2607050320MAPS2020 BT1102171120