Bombardier and Embraer think the corporate aircraft market recovery will have long legs
Embraer's business jet backlog has risen fivefold in the past year and now stands at $1.25 billion, a major leap forward in the regional jet builder's push to become a major player in the corporate aircraft market. The Brazilian company also announced it has won a total of 235 orders for its Phenom 100 very-light jet (VLJ) and Phenom 300 light jet, which were launched in May 2005. Chairman/CEO Mauricio Botelho declined to break out orders between the two aircraft but said they came from ...
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