Start-up Magnum Jet Orders Small Jets
Embraer today said Houston-based Magnum Jet has placed an order for 50 Phenom 100s, with options for another 50 Phenom 100s and/or 300s.

Embraer today said Houston-based Magnum Jet has placed an order for 50 Phenom 100s, with options for another 50 Phenom 100s and/or 300s. The start-up company plans to offer ā€œa turnkey ownership and comprehensive management program for very light jet owners and will operateā€¦air limousine service for regional travel.ā€ Magnum Jet is scheduled to take delivery of its first Phenom 100 in early 2009. ā€œThe design of the Phenom 100, together with Embraerā€™s reputation for quality and reliability, makes this new jet an integral part of Magnumā€™s plans for the future,ā€ said Magnum Jet CEO Jim Burns. The Magnum Jet order was included in Embraerā€™s June 30 backlog announcement of firm orders for more than 235 Phenom very light and light jets.