Flexjet Europe readies expansion with first Praetor 600

Flexjet Europe

Flexjet officially launches its fractional share program in Europe by taking delivery of its first super-midsize Embraer Praetor 600

Flexjet’s European arm has officially launched its fractional ownership program there. This week it is taking delivery of its first Praetor 600 super-midsize private jet. It is part of a US $1.4 billion order for Embraer Executive Jets that was announced in October 2019.

Flexjet reaffirms European expansion

Flexjet

The private jet operator says it is on track to launch its fractional share, lease and jet card offerings in Europe

More plans are expected to be disclosed in the second quarter of this year

Flexjet’s long-planned expansion into Europe is still on track, the company told Private Jet Card Comparisons.

Several pilots commenting on chat board PPRuNe, which stands for Professional Pilot Rumor Network, had raised the question if Flexjet’s Europe launch was on hold.

Flexjet, Qatar Executive will be launch customers for the Gulfstream G700

Gulfstream G700

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.

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