SAO PAULO (Reuters) – Brazilian planemaker Embraer stated on Wednesday it has actually authorized an acquisition bargain worth approximately $7 billion with Flexjet for a fleet of Phenom and Praetor exec jets, consisting of company orders for 182 airplane and choices for an additional 30.
“This is the largest order placed by Flexjet in its 30-year history and is also the largest firm order for Embraer’s executive aircraft,” Embraer stated in a declaration. Flexjet runs in the fractional jet possession sector.
(Reporting by Gabriel Araujo; Editing by Emelia Sithole-Matarise)