Embraer announces $1.4 billion order, launch customer for Praetors jets

FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company’s headquarters in Sao Jose dos Campos, Brazil February 28, 2018. REUTERS/Roosevelt Cassio/File Photo

LAS VEGAS (Reuters) – Embraer SA (EMBR3.SA) on Monday announced an order worth $1.4 billion from Flexjet, which becomes the new launch customer for the Brazilian company’s Praetor jets.

The order is for 64 firm aircraft, including a mix of the mid-sized and super mid-sized Praetor jets, along with the smaller Phenom jets, executives from the companies told reporters in Las Vegas at an event coinciding with the National Business Aviation Association’s flagship show.

Reporting By Allison Lampert, Editing by Franklin Paul

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