JetBird Cancels Original Embraer Phenom Contract

Embraer and JetBird have agreed to cancel an order by the presumptive European air taxi operator for 50 Phenom 100 very light jets. JetBird has been struggling to raise additional financing to get the business off the ground. The relationship is not dead, however, says Claudio Camelier, Embraer's VP...

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