Embraer Clinches $1.4 Billion Order From Flexjet In Boost To Crucial New Business Jet Line

October 21, 2019

Embraer has won an order valued at $1.4 billion at list prices from Flexjet that includes its recently certified Praetor 500 and 600 jets, a key endorsement for the program at a crucial time. The Brazilian company is depending on a turnaround at its unprofitable business-jet unit with its vanguard commercial plane business in the process of being sold to Boeing.

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