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Brazil’s Embraer agrees $5 billion aircraft sales deal with NetJets
2023.05.11 18:54
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© Reuters. FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company’s headquarters in Sao Jose dos Campos, Brazil February 28, 2018. REUTERS/Roosevelt Cassio/File Photo
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© Reuters. FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company’s headquarters in Sao Jose dos Campos, Brazil February 28, 2018. REUTERS/Roosevelt Cassio/File Photo
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SAO PAULO (Reuters) – Brazilian planemaker Embraer SA (NYSE:) said on Thursday it will sell up to 250 units of its Praetor 500 aircraft to NetJets Inc in a deal valued at $5 billion.
Delivery of the aircrafts will start in 2025, Embraer said in a securities filing.