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Huge Phenom 300 Buy for Flight Options

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Key Takeaways:

  • Fractional jet operator Flight Options ordered 100 Embraer Phenom 300 light jets, with options for 50 more, in a deal worth nearly $1 billion.
  • The first Phenom 300 delivery to Flight Options is expected in late 2009.
  • This purchase will significantly boost Flight Options' market presence and competitive offering with a large fleet of identically equipped, capable super-light jets.
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Fractional jet operator Flight Options recently placed an order for nearly $1 billion worth of Phenom 300 light jets, with a firm order for 100 jets and an option for up to 50 more. Flight Options is slated to get its first Phenom 300 in late 2009.

The purchase will greatly increase Flight Options’ already strong presence in the fractional/jet card marketplace, giving it a large number of identically equipped, capable airplanes (1,800 nm range and a max speed of Mach .78) that will compete with other fractional providers’ super-light jet offerings.

FLYING Staff

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