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.”

Other Stories
Advertisement
Latest News

Etihad engineers fresh opportunities

Every problem offers potential opportunities and even the pandemic is no exception, as Alan Dron found out when he spoke to Etihad’s Engineering division.

UAE inks deal with US to buy F-35 Jets

The United Arab Emirates (UAE) is now poised to become the first Arab state to acquire the F-35 fighter aircraft from the United States, after Washington signed an agreement to sell 50 F-35 fighter jets and up to 18 armed drones hours before

Etihad Airways to recommence passenger flights to Doha

Etihad Airways will recommence passenger flights from Abu Dhabi to Doha on 15 February 2021, subject to the applicable government approvals.

Dnata inaugurates cargo complex at Manchester Airport

Dnata, part of the Emirates Group. has opened a new, state-of-the art cargo complex, Dnata City North, at Manchester Airport (MAN).

Iraqi CAA awards international ground services operating license to MASIL

Menzies Aviation has announced that the Iraqi Civil Aviation Authority (ICAA) has awarded the exclusive contract for the delivery of a full suite of ground handling, cargo and fuelling services at Baghdad International Airport to

Qatar Airways and Iberia strengthen strategic partnership

Qatar Airways has signed an expanded codeshare agreement with Iberia.

DIT DSO SK2101210421
See us at
IDEX 2021 BT26221Aviation MENA 2021CONNECT BT0610090421Aviation Africa 2021 BTNNWorld Defence Show 2022