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Brazil’s Embraer sells 100 more executive jets to NetJets for US$1.2 billion

RIO DE JANEIRO, BRAZIL - Embraer has signed an agreement with NetNets for the sale of 100 more aircraft to the company, totaling an order of US$1.2 billion.

Embraer has already delivered 100 Phenom 300 executive jets to the company, which belongs to the Berkshire Hathaway group, and the new agreement foresees the delivery of 100 more Phenom 300Es starting in the second quarter of 2023, for operation in the United States and Europe.

NetJets' first purchase agreement, signed in 2010, included 50 firm orders for Phenom 300 executive jets, plus options for up to 75 additional aircraft.

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