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05/01/2013
In: Press Releases

 Embraer Executive Jets Delivers First Signature Series™ Phenom 300 to NetJets, Inc.

 

Melbourne, FL, May 1, 2013 – Embraer Executive Jets delivered the first of up to 125 Phenom 300 light jets to NetJets®, a Berkshire Hathaway company and the worldwide leader in private aviation, in ceremonies here today.

“The NetJets delivery is a significant milestone in the Phenom 300 program,” said Ernest Edwards, President Embraer Executive Jets. “NetJets’ US$1 billion order came just a year after the aircraft entered service. It was a significant validation that Embraer Executive Jets had delivered to the market an aircraft that meets NetJets increasingly demanding requirements for safety, comfort, economics, performance and reliability. We are especially pleased that we will begin producing the NetJets’ Signature Series™ Phenom 300s on the Melbourne production line in 2014.”

The delivery was part of an order that included 50 firm orders and 75 options, signed in October 2010 creating a partnership that would develop into the NetJets’ Signature Series™ Phenom 300. The pioneer and world leader in private aviation has specified an aircraft that features advanced technologies to ensure maximum safety, reliability and operating efficiency as well as superior cabin comfort, advanced inflight entertainment systems and custom cabin designs. The aircraft will join NetJets’ worldwide fleet of more than 700 light, midsize and large-cabin aircraft.

“We are pleased to partner with Embraer to deliver our customers the NetJets Signature Series™ Phenom 300, an outstanding light-cabin jet designed exclusively for NetJets,” said Jordan B. Hansell, NetJets Chairman and CEO. “The high-performance aircraft is ideally suited to our customers’ needs for safety, reliability, interior comfort and operating efficiency. The addition of the Signature Series™ Phenom 300 will expand the unparalleled offerings and capabilities of the NetJets global fleet.”

NetJets’Signature Series™ Phenom 300 will include the Prodigy Touch Flight Deck, based on the Garmin 3000 platform. The Prodigy Touch flight deck provides enhanced pilot interface and situational awareness. This marks the first-in-service application of this advanced avionics system.

NetJets’ Signature Series™ Phenom 300 also has cabin features that were developed exclusively for NetJets to meet specific operating requirements and their discerning customers’ needs for reliability, range, interior comfort and operating efficiency. The aircraft seats up to seven passengers, features a full refreshment center, custom cabin amenities including a customized galley, advanced inflight entertainment systems, WiFi and a fully enclosed aft lavatory.

Production of the NetJets’ Signature SeriesTM Phenom 300 will be moved to Embraer Executive Jets’ Melbourne, FL assembly and paint facility in 2014. The production line opened in 2011, and, with the development of the nearby customer center, added more than 200 jobs to the community which had been hard hit by the closure of NASA’s shuttle program.

Judged one of the top 15 most influential business aircraft of all time by industry press, the light Phenom 300 is the roomiest in its class. The eight- to 11-seat aircraft has the best climb and field performance for any light jet. It is designed for 15% lower operating costs and offers the most range and speed in its class. The Phenom 300, as with all Embraer Executive Jet aircraft, sets a new standard for light business jets and is the recipient of many international design and innovation awards. It can fly at an altitude of up to 45,000 feet (13,716 meters) and has a range of 1,971 nautical miles (3,650 km), including NBAA IFR fuel reserves, which means the aircraft is capable of flying nonstop from New York to Dallas or Houston to Los Angeles.


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About NetJets® Inc.
NetJets® Inc., a Berkshire Hathaway® company, is the worldwide leader in private aviation with the largest and most diverse private jet fleet in the world. NetJets began in 1964 as the first aircraft charter and management company in the world. In 1986, NetJets pioneered the concept of fractional aircraft ownership – offering individuals and businesses all of the benefits of whole aircraft ownership and more, at a fraction of the cost. Today, NetJets offers a full range of private aviation solutions through its programs in North America and Europe, including NetJets Shares™, NetJets Leases™ and the Marquis Jet Card®, which provides access to NetJets though a 25-hour jet card.

The North America program is managed and operated by NetJets' subsidiary NetJets Aviation, Inc., and the European program is managed and operated by NetJets Transportes Aereos, SA, a Portuguese/EU Air Carrier. In the United States, NetJets also offers aircraft management and on-demand charter services through its subsidiary, Executive Jet Management, Inc. Subject to obtaining relevant regulatory approvals, NetJets will also offer aircraft management and charter services in China through NetJets China Business Aviation Limited, a joint venture between NetJets and a consortium of Chinese investors. The NetJets companies offer worldwide flight operations. More information on NetJets, NetJets Europe, the Marquis Jet Card, and Executive Jet Management is available at www.netjets.com.

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