Brazil's Aircraft Manufacturer Embraer Seals a Billion-Dollar Deal – is it a new Competitor for Airbus and Boeing?

The Brazilian aircraft manufacturer Embraer has signed a groundbreaking contract with Flexjet, the second-largest private flight provider in the USA, worth up to $7 billion. The agreement includes 182 definite orders for business jets from the Phenom and Praetor series, as well as options for 30 additional aircraft. This is the largest order in the history of both companies and a strong signal of Embraer's competitiveness in the business jet market. The Phenom and Praetor models are characterized by efficiency, state-of-the-art technology, and high...