Executive AirShare Doubles Its Embraer Order
Embraer has taken a new firm order for a pair of Phenom 300s from Executive AirShare, effectively doubling the number of airplanes on firm order from the Kansas City, Missouri-based fractional ownership company. Executive AirShare also holds options on another four of the type, as well as firm orders for 10 Phenom 100s along with options on another 10. The company expects to start taking deliveries in 2010. Embraer characterizes the Phenom VLJs as a “good fit” for Executive AirShare’s business model, where fractional owners have access to the aircraft for a given number of days per year rather than a strict number of flight hours. Owners also enjoy use of the aircraft for an entire day, as opposed to national ownership programs that fly multiple customers to different locations on the same day with the same aircraft.