Fractional provider Flexjet revealed a $1.4 billion firm order on Monday morning at NBAA-BACE for 64 Embraer Phenom 300Es and Praetor 500/600s, making it the fleet launch customer for the latter. Praetor 500 deliveries to Flexjet will start next month. Under the deal, the Cleveland, Ohio-based operator will also convert its Legacy 450 fleet into Praetor 500s under an FAA-approved modification.
