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Embraer Surpasses 2,000 Business Jet Deliveries With Praetor 500

ByAdmin

Embraer has reached a historic milestone in its executive aviation business, surpassing 2,000 business jet deliverieswith the handover of a Praetor 500 to an undisclosed corporate customer. The delivery ceremony took place at the company’s Global Customer Center in Melbourne, Florida, highlighting the importance of the U.S. market for Embraer’s growth in business aviation.

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Wheels Up Secures $332M Financing and Acquires Phenom 300 Fleet

ByAdmin

Wheels Up Experience, a US-based private aviation company, has closed a new $332 million revolving equipment notes facility with Bank of America, supported by credit backing from Delta Air Lines. This financing initiative provides Wheels Up with increased liquidity to support its operations and fleet expansion plans. Alongside this development, Wheels Up has completed the acquisition of a fleet…