Aircraft
Embraer’s Plans for a Larger Bizjet Remain Up in the Air
Company noncommittal on expanding its lineup upwards, citing $1B investment cost
Michael Amalfitano Embraer Investor Day
Embraer Executive Jets chief Michael Amalfitano (right) remained noncommittal about developing a larger, longer-range business jet, citing a $1 billion cost as one reason the company is taking a go-slow approach. But Mike Silvestro (left), CEO of Flexjet, said he would like to see a larger business jet in Embraer's lineup.

Speculation about Embraer’s plans for a larger, long-range business jet remains just that, given what was said on Monday at the company’s investor day held at the New York Stock Exchange. Dozens of reporters and analysts repeatedly asked about the Brazilian manufacturer’s plans to develop a larger business aircraft, but executives remained noncommittal and stressed that their focus is on expanding Embraer’s core business by 65% in the next four to five years—not including the Eve eVTOL program.

Even Mike Silvestro, CEO of fractional provider Flexjet—which counts numerous Embraer Phenom 300s and Praetor 500s in its fleet—commented on a panel at the event that he'd love to see a long-range jet enter the Embraer lineup.