Embraer delivered today 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), 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.”