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Embraer has signed a $7 billion contract with Flexjet to supply 182 business jets, including the Praetor 600, Praetor 500 and Phenom 300E models. This is the largest order in Embraer’s business aviation history, strengthening its leading position in the global market and expanding its production capacity to meet growing demand.
Embraer, a renowned Brazilian aircraft manufacturer, has reached a significant milestone in its history by signing a contract worth approximately US$7 billion with Flexjet, a US company specializing in shared ownership of executive jets.
This agreement, announced on February 5, 2025, represents the largest order ever recorded in Embraer's executive aviation history.
Agreement Details
The contract covers the delivery of 182 aircraft, including the Praetor 600, Praetor 500 and Phenom 300E models, plus options for an additional 30 units.
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In addition to the aircraft, the agreement includes a comprehensive package of services and support to ensure the operational excellence of Flexjet's fleet.
This order not only reinforces the two-decade partnership between the companies, but also highlights Flexjet’s continued confidence in the quality and performance of Embraer executive jets.
Impact on the market and Embraer shares
The news of this monumental agreement had immediate repercussions in the financial market. Embraer shares rose 15,5% on the day of the announcement, reaching a new all-time high of R$66,37.
In the United States, the company's American Depositary Receipts (ADRs) rose 14,8%, closing at US$45,76.
This performance highlights investors’ confidence in Embraer’s strategy and growth potential in the executive aviation segment.
Expansion of production capacity
To meet growing demand and honor commitments, Embraer is expanding its production lines in Gavião Peixoto, in the interior of São Paulo, and in Melbourne, Florida.
This expansion aims not only to fulfill the agreement with Flexjet, but also to accommodate previous orders, such as those from NetJets, totaling more than 400 aircraft on order.
These orders represent three to four years of production, consolidating Embraer’s position as the leader in the executive jet market.
Long-standing partnership between Embraer and Flexjet
The relationship between Embraer and Flexjet dates back to 2003, when Flight Options, which later joined the Flexjet group in 2015, became the first fractional ownership company to incorporate the Legacy Executive jet into its fleet.
Since then, flexjet has received more than 150 Embraer aircraft, including significant milestones such as the delivery of the 100th Phenom 300 in 2012 and the 1.000th Embraer executive jet, a Legacy 500, in 2016.
This new agreement reinforces and expands this strategic collaboration, reflecting the satisfaction and mutual trust between the two companies.
Highlights of the ordered models
- Praetor 600: Known for its intercontinental range and advanced technology, it offers passengers a superior flight experience with comfort and efficiency.
- Praetor 500: It stands out for its performance on transcontinental routes, combining speed, range and a spacious cabin, ideal for business and leisure trips.
- Phenom 300E: Recognized as the best-selling light jet for several consecutive years, it offers a combination of speed, range and comfort unmatched in its category.
Future perspectives
With this historic agreement, the Embraer strengthens its position in the global business aviation market. The expansion of production capacity and the confidence shown by long-standing partners, such as Flexjet, indicate a promising future for the company.
Furthermore, the growing demand for high-performance executive jets highlights Embraer’s relevance in providing solutions that meet the needs of a constantly evolving market.
innovation
A Embraer continues to demonstrate its ability to innovate and lead in the competitive business aviation market.
This record-breaking agreement with Flexjet not only celebrates a strong partnership, but also sets new standards for excellence and commitment in the industry.
As the company moves forward, it is expected to continue to surprise the market with high-quality products and strategic partnerships that drive growth and innovation.
How do you assess the impact of this historic agreement between Embraer and Flexjet on the global business aviation market?
What would Embraer be like today if it had not been privatized?
Today there would be 102 “directors” appointed at a high price by the allied base (PT, PSOL PDT and other trinkets) and countless other positions appointed by this Federal Misgovernment (including the list of appointments authorized by Mrs. Esbanja) and only two units of the Bandeirante aircraft sold per year!!
Embraer is a company that makes us believe in a Brazil with a future.
Congratulations EMBRAER!
Brazil needs successful companies like you.
segment of global aviation.