Executive AirShare orders additional Phenom 300 jets

Embraer signed Executive AirShare, from Kansas City, Mo., for an expansion order for the Phenom 300 jet. The deal adds two firm orders to the customer’s current backlog of four firm orders and four options for this model. Executive AirShare, which is one of the largest regional fractional aircraft ownership companies in the U.S., and also has firm orders for the Phenom 100, had already doubled its order for the Phenom 300 jet in May 2008. The first Phenom 100 is scheduled to be delivered to Executive AirShare in the second quarter of 2009, while the Phenom 300 is expected for 2011.