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

SITA and Safety Line to help pilots and airlines limit CO2 emissions

SITA is partnering with start-up Safety Line to help pilots and airlines limit carbon dioxide (CO2) emissions and operational costs by reducing fuel consumption of aircraft at key flight stages.

First ever purpose-built regional freighter takes flight

ATR has announced the successful first flight of its new purpose-built regional freighter aircraft.

ATNS launches virtual training

Air Traffic and Navigation Services (ATNS) SOC is piloting virtual training through its award-winning and globally acclaimed Aviation Training Academy.

Kenya Airways appoints APG as its passenger GSA in Europe

Kenya Airways has signed a contract with APG as its new Passenger GSA in Europe.

South Africans to name new carrier being launched later this year

South Africans have been asked by Kulula-founder Gidon Novick ‘to put their creativity to the test’ and suggest a name for the new South African airline being launched by Gidon in 2020.

Morocco begins to rethink its future

Before the Covid-19 outbreak, the Moroccan aeronautical and space industry had recorded a growth of more than 20% over the last two years. Now the Group of Moroccan Aeronautics and Space Industries (GIMAS) has launched a debate on the

Aviation Africa 2021
See us at
Aviation MENA 2021Aviation Africa 2021SIAA2020 BT1020