For Flexjet the order follows its $1.4 billion deal with Embraer announced earlier today; For Qatar Executive, it’s in addition to its July billion-dollar Gulfstream order
A billion dollars here. A half-billion or so there. It is Las Vegas after all. As the National Business Aviation Association’s annual convention kicks off here, Flexjet followed up its morning announcement it is buying $1.4 billion in private jets from Embraer by placing an order to be the North American launch customer for the Gulfstream G700.
(Updated Oct. 23, 2019: Flexjet’s order is for 16 G700s valued at $1.2 billion)
Flexjet’s chairman Kenn Ricci wasn’t the only CEO playing at the high stakes table. Akbar Al Baker, CEO of Qatar Airways, is buying 10 of the new ultra-long-range, ultra-fast private jets for his Qatar Executive charter division. It follows a billion-dollar order with the Savannah, Georgia-based manufacturer in July.
Flexjet’s order includes 64 Praetor 500s and 600s, plus the best-selling Phenom 300
As it prepares its expansion into Europe, Directional Aviation’s Flexjet announced today it has placed a $1.4 billion firm order with Embraer Executive Jets for 64 of the Praetor mid-and super midsized aircraft and Phenom 300 light jets.
Embraer Executive Jets President and Chief Executive Officer Michael Amalfitano and Flexjet Chief Executive Officer Michael Silvestro made the announcement at the 2019 National Business Aviation Association Business Aviation Convention & Exhibition (NBAA-BACE) in Las Vegas.
Silvestro said the first Praetor 500 will enter its fleet in the next several weeks. He said Flexjet will announce at EBACE next year details on which aircraft will be based in Europe.
With the move, Wheels Up will offer members fixed rates from the King Air 350i through light, midsize, super-midsize and large cabin private jets
Following its acquisition of TMC Jets and Avianis, plus the launch of its Connect membership earlier this year, and flush with $128 million in new funding, Wheels Up continues its aggressive moves.
During the National Business Aviation Association’s annual conference being held in Las Vegas, founder and CEO Kenny Dichter said in the next year the company will launch a no-cost membership enabling users to book on-demand charters using dynamic pricing the from its Wheels Up Marketplace launched in February.
Available to its jet card program members now, VistaJet
expects to have six Global 7500s flying by the end of 2020
Vista Global’s VistaJet will put the first of six Bombardier Global 7500 ultra-long-range private jets into service starting in January 2020. Members of its Program, the private jet charter operator’s version of a jet card and alternative to fractional ownership, can start reserving flights as of today. The company has said it has orders and options for as many as 30 of the new jets.