NetJets Adds 10 Signature Series Phenom 300 to Embraer Order Berkshire Hathaway company NetJets announce that they converted 10 Signature Series Embraer Phenom 300 jets to firm orders. At the current and existing list prices the conversion is worth close to 90 million U.S dollars. In October 2010, a purchase agreement was signed for 50 firm and 75 options. The total value of the deal may exceed US$ 1 billion, if all options are exercised. “NetJets’ addition of 10 aircraft to their order reaffirms the success of the Signature Series Phenom 300 and of our relationship,” said Marco Túlio Pellegrini, President & CEO, Embraer Executive Jets. “The Phenom 300’s market acceptance continues to grow in the fractional and corporate markets, having recently become the most delivered business aircraft.” Embraer has now delivered 36 Signature Series Phenom 300s to NetJets. These aircraft operate in the NetJets fleet, with fractional owners in the U.S. and Europe. Deliveries of the 10 additional aircraft will begin as of January 2016. “The Signature Series Phenom 300 is an outstanding light jet and the fastest selling aircraft ever in NetJets fleet,” said NetJets Senior Vice President of Global Asset Management Chuck Suma. “The Signature Series Phenom 300s are customized by adding special features, including advanced in-flight entertainment, a custom cabin design including specially selected fabrics and materials, enhanced seating, broad spectrum lighting and spacious storage features, as well as the most advanced avionics and technological features to ensure maximum safety, reliability and operating efficiency.” For more information: Embraer Brasileira de Aeronautica S.A. Avenida Brigadeiro Faria Lima, 2170 São Paulo, São José dos Campos 12227-901 Brazil www.embraerexecutivejets.com ***
