Embraer Plans New Jet or Jets

Business Jet Traveler » June 2007
Friday, June 1, 2007 - 5:00am

Brazilian manufacturer Embraer is evaluating one or two "mid-light" and "mid-size" jets to fill the market gap between its Phenom 300 and Legacy 600. However, a company source said an official announcement isn't likely before fall.

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“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”

-Steve Varsano