Embraer
Executive Jets and NetJets® Inc., a Berkshire Hathaway company and the
worldwide leader in private aviation, have signed an agreement to
convert 10 Signature Series Phenom 300 purchase options into firm
orders. At current list prices, this addition to the contract is worth
US$ 89.55 million, which will be included in the backlog of the fourth
quarter of 2014. In October 2010, a purchase agreement was signed for 50
firm and 75 options. The total value of the deal may exceed US$ 1
billion, if all options are exercised.Continue Reading...
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