In: Press Releases
Embraer Executive Jets reaches milestone of 500th Phenom family jet
São José dos Campos, Brazil, June 4, 2014 – Embraer Executive Jets celebrated today the delivery of the 500th Phenom family jet, a significant achievement only five-and-a-half years after entry into service of the first aircraft. Winners of various innovation and design awards, the Phenom 100E and the Phenom 300 are best-in-class jets, having redefined the entry-level and light jet segments with the latest generation technology, a new style concept, premium comfort, performance and reliability.
The commemorative aircraft, a Phenom 300, was delivered to Prime Fraction Club, a fractional ownership company that sells, manages, and coordinates the utilization of assets among its members in Brazil. Prime Fraction Club operates three other Phenom jets, in addition to helicopters, boats, and sports cars.
“The delivery of 500 Phenom jets in just over five years of operation validates our commitment to offer the market differentiating products and excellence in services,” said Marco Túlio Pellegrini, President and CEO, Embraer Executive Jets. “The Phenom family was designed to exceed all expectations from our customers, and we are privileged to deliver this commemorative aircraft to Prime Fraction Club.”
Phenom jets are flown in 37 countries by 400 customers, ranging from corporations, authorities, charter and fractional companies to aviation schools, medevac transportation, and owner pilots. The entire fleet in operation has accrued over 370,000 flight hours.
“A global market best-seller, the Phenom 300 leads its class and, last year, became the most delivered business aircraft in the industry,” said Marcus Matta, President, Prime Fraction Club. “With this investment, Prime expands its market share in business aviation and in fractional ownership. This is a significant moment for both companies.”
About Prime Fraction Club
Founded in May 2010, Prime Fraction Club manages fractional ownership programs of aircraft, helicopters, boats, and automobiles. In this model, an asset is acquired by multiple owners, in fractions, and is utilized by each customer at different times. The company also offers a management program for those who wish to outsource the administration of their assets, reducing costs, such as fuel, insurance, etc. Prime Fraction Club manages eleven assets, valued at approximately 117 million reals. The company is headquartered in São Paulo, Brazil, and will soon open new bases.
For more information about Embraer Executive Jets, see: www.EmbraerExecutiveJets.com.
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