NetJets Europe To Have Embraer Phenoms in Early 2014
Mark Wilson, president and COO of NetJets Europe, with Embraer Executive Jets president Ernest Edwards. (Photo: Mark Wagner)
Mark Wilson, president and COO of NetJets Europe, with Embraer Executive Jets president Ernest Edwards. (Photo: Mark Wagner)

NetJets Europe plans to operate Embraer Phenom 300s by early 2014, the two companies announced here at EBACE yesterday. Holding a firm order for 50 of the specially outfitted “Signature Series” light jets, NetJets took its first delivery on May 1 for its U.S. operations and expects to accept roughly two airplanes a month. Also holding options on another 75 of the Brazilian jets, NetJets has committed as much as $1 billion to the purchase and, according to NetJets Europe president and COO Mark Wilson, the planned investment in the European fleet will ensure proper economies of scale “in short order.”