Embraer Executive Jets President and Chief Executive Officer Michael Amalfitano and Flexjet Chief Executive Officer Michael Silvestro made the announcement at the 2019 National Business Aviation Association Business Aviation Convention & Exhibition (NBAA-BACE) in Las Vegas.
In 2016, Flexjet introduced the midsized Embraer Legacy 450 to the fractional ownership market. Since that time, the Legacy 450 has proven exponentially popular as a key component of the premium Red Label by Flexjet offering. In competing head-to-head with the Citation Latitude, the Legacy 450 stands out with 10 percent more cabin volume, a speed advantage of more than 40 MPH and an additional 40 cubic feet of baggage space. And nearly 35,000 hours of flight data from Flexjet Owners fueled Embraer’s development of the Praetor. Building off of that platform, Flexjet will be converting its full Legacy 450 fleet into Praetor 500s, further providing Flexjet travelers with an aircraft available in the midsized category.
Accepting delivery of the Praetors will make for the fourth time Flexjet’s management team has introduced new Embraer aircraft to the fractional market. Previous introductions were the Legacy Executive in 2003, the Phenom 300 in 2010 and the Legacy 450 in 2016.