Barrington Irving, founder of Experience Aviation, will use a donated Embraer Phenom 100 light jet as a flying classroom to encourage students to pursue education in science, technology, engineering and math (Stem). Entrepreneur and philanthropist Fabio Alexander is providing the jet, with “continuing support” covered by Embraer, for Experience Aviation’s “Journey for Knowledge” program.
Embraer Phenom 300
Work is progressing on Embraer’s newest offering, the midsize Legacy 500, and the Brazilian airframer says it is on schedule to fly the $18.4 million twinjet by year-end.
Nearly three years ago exactly, in October 2008, I was sitting in the back of a Citation CJ1+ headed to the NBAA convention in Orlando, Fla. Lehman Brothers had collapsed two weeks earlier and there was a sentiment of caution and confusion surrounding the financial markets. NBAA 2008 ran from October 4 to 10.
Embraer has two in-development midsize jets–the Legacy 450 and 500–that will be in service by the end of 2013.
Embraer delivered its 200th Phenom 100 on May 11, a milestone that it achieved in just one-and-a-half years. The light jet was received by Phoenix-based aircraft sales, charter and management firm Swift Aviation Group. Swift ordered this Phenom in May 2006. Swift was Embraer’s launch customer for the Legacy 600, placing an order for 25 of the super-midsize jets in 2000.
Europe’s still-fledgling entry-level charter jet market is showing some positive signs of growth, according to leading operators and analysts.
Everjets signed a contract yesterday for an Embraer Phenom 300 executive jet to be placed in charter service. After taking delivery in December, Everjets will serve southern Europe from its base in Portugal.
Embraer will wait until as late as year-end for Boeing to decide on a plan for a 737 replacement before the Brazilian company commits to a successor for its own E-Jet series, according to Embraer executive vice president for the airline market Paulo Cesar de Souza e Silva. Still, Embraer already knows what it will not do–namely, follow Bombardier into a size and range category that, in Silva’s estimation, the Airbus A320neo also occupies.
Embraer has signed a contract for sale of a Phenom 300 to Amil Assistência Médica. It will be the first medevac version of the Phenom 300. Delivery is expected in the fourth quarter.
Embraer announced at the NBAA Convention last month that fractional provider NetJets signed an agreement to purchase 50 Phenom 300 light jets and has an option to buy 75 more. At current list prices, the deal could be worth more than $1 billion. The aircraft, which the Brazilian manufacturer expects to begin delivering in 2013, will be specially equipped for the Berkshire Hathaway-owned NetJets and called Phenom 300 Platinum Edition.