Embraer has delivered the 500th Phenom 300 series business jet. According to General Aviation Manufacturers Association (GAMA) reports, the Phenom 300 is the only business jet model to reach this milestone in the last 10 years. The Phenom 300 performs in the light jet class and has set multiple speed records certified by the National Aeronautic Association and the Federation Aeronautique Internationale.
“The Phenom 300 has fascinated customers since it entered the market and its tremendous popularity only challenges us even more to continue to deliver the ultimate customer experience,” said Michael Amalfitano, president and CEO, Embraer Executive Jets. “This landmark delivery to a current Phenom 100 customer with prior fractional ownership experience further validates the true innovation that the Phenom 300 delivers to private owners, corporations, and operators in the Access Economy.”
The milestone aircraft is the Phenom 300E, the newest edition of the light jet. Freeman Pickett III received his aircraft at Embraer’s Customer Center in Melbourne, Florida, and said: “The Phenom 100 served us very well for our trips throughout the Midwest, but as we began to fly more, with more passengers and to destinations farther away, we began to use a Phenom 300 to which we had access. The Phenom 300E has the speed, range, and capabilities that we now need, including single-pilot operation – a very important feature for us.”
The Phenom 300E carries the “E” for “Enhanced” and refers to its inheritance of the Embraer DNA Design, first introduced in the Legacy 450 and Legacy 500 medium-cabin jets. The new interior design offers a more spacious cabin with more personalization options, greater ease of maintainability, comfort, and personalization.
Launched in 2005, the Phenom 300 entered service in December 2009 and has sustained more than half of the light jet market share since 2012. The aircraft is in operation in more than 30 countries, having accumulated more than 800,000 flight hours on more than 600,000 flights during the past decade, carrying almost 2.5 million passengers a distance equivalent to a round trip to Mars. In 2018 alone, Phenom 300 customers completed close to 150,000 flights.
In the past five years, the Phenom 300 fleet has doubled in size, growing at a rate of just over 18% (CAGR) with its utilization growth rate outpacing its fleet growth by 30%. Among fractional ownership programs, the Phenom 300 represents the largest customer base and fleet size.