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Embraer Announces New Price For its Phenom 300 Executive Jet

Written by thomas · Filed Under Aeronautics News 

October 9, 2008

thomas

Certification campaign advances and market acceptance grows
São José dos Campos, October 5, 2008 – Embraer is announcing a three-percent increase in
the price of the Phenom 300, effective November 1, 2008. The executive jet is already flying
in the certification and maturity campaigns, and will be priced at US$ 6.85 million for U.S.
Federal Aviation Administration (FAA) certification, based on January 2005 economic
conditions, in the baseline configuration. “Since its launch, in May 2005, the Phenom 300
has enjoyed great market acceptance, comprising one-third of the more than 800
Phenom jets on order,” said Luís Carlos Affonso Embraer Executive Vice President, Executive
Jets. “Even with this increase over the 2005 introductory price, the Phenom 300 continues to
be attractive, as the best combination of comfort, performance, cabin space, and baggage volume
in the light jet category.”
The first Phenom 300 performed its maiden flight on April 29 of this year, and has
accumulated more than 100 test hours, to date. The second Phenom 300 flew on August 5,
while the third and fourth aircraft are in the assembly and sub-assembly phases, respectively.
The first four jets will be used exclusively for certification and maturity campaigns, and two
other airframes will be subjected to structural evaluations.
Last year, Embraer announced the extension of the Phenom 300 cabin by 14 inches (35 cm),
without impacting either the performance or the price of the aircraft. The cabin extension
enhances passenger space and comfort, and allows for additional layout configurations. The
Phenom 300 is designed to deliver the highest speed in its category and the lowest operating
cost, with outstanding hot-and-high performance.
Meanwhile, Embraer is investing over US$ 100 million in its executive jets customer support
organization and network. By the end of 2008, customers will have 45 service centers
available to them, worldwide.

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