Embraer has announced the signing of a US$5 billion deal with American fractional executive jet operator NetJets for 250 Praetor 500 mid-sized executive jet options with the related support package. 

NetJets has been operating Embraer jets since 2010, when it ordered its first Phenom 300s, a smaller aircraft in Embraer’s executive jet family. NetJets then expanded its Phenom fleet over the following decades to over 100 aircraft. In 2021 it ordered an additional 100 of the type, in a deal valued at US$1.2 billion. 

With this new order, NetJets – which is part of Warren Buffett’s Berkshire Hathaway business empire – will expand their collaboration with the Brazilian aircraft manufacture into the mid-sized segment of the market.  

The Praetor 500 seats 7 to 9 passengers and it has US coast-to-coast range, as well as the only fly-by-wire flight control system in its category.