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

LAS VEGAS (Reuters) – Embraer SA (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.

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