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Embraer, Flexjet ink discount value roughly $7 billion for exec jets


SAO PAULO (Reuters) – Brazilian planemaker Embraer acknowledged on Wednesday it has truly approved an acquisition discount value roughly $7 billion with Flexjet for a fleet of Phenom and Praetor exec jets, consisting of firm orders for 182 airplane and selections for an extra 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 acknowledged in a declaration. Flexjet runs within the fractional jet possession sector.

(Reporting by Gabriel Araujo; Editing by Emelia Sithole-Matarise)



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