New US private-jet king crowned after Cessna model’s long reign

Brazil’s Embraer just toppled Textron’s Cessna as the producer of the most-flown private jet in the US after a 15-year reign. The Embraer Phenom 300, a medium-sized jet that seats as many as nine passengers, had more than 360,000 takeoffs and landings at US airports during the trailing 12 months through August, about 1,400 more than the Cessna Citation Excel family of jets. The Excel had been the most operated private jet for about 15 years, according to the FAA’s monthly report of business jet operations. The Phenom 300 has grown in popularity because it burns less fuel, costs about one-third less and boasts more speed and range than the Citation Excel, said Brian Foley, a private aviation consultant. Those features more than offset the Phenom 300’s smaller cabin space, he said in an e-mail. “It has become a favorite of charter and fractional providers, who fly them much more than the average aircraft operator,” Foley said. There’s a “perception of being purpose-built for high utilization as a result of Embraer’s long airliner heritage.” In May, Berkshire Hathaway’s NetJets, the largest private-jet operator, announced a deal valued at $5b to buy up to 250 Embraer Praetor 500s, a larger craft than the Phenom 300, that includes a service agreement. Last year, the private-jets unit made up about 27% of Embraer’s $4.2b of sales. Except for the span when the now-discontinued Hawker 800 jet was the top private aircraft in the US in 2007 and 2008, a Cessna has held that title in FAA data that goes back to 2001. Even though Embraer now has bragging rights to the most-flown private jet in the US, Textron still dominates on overall aircraft flight hours because of the planemaker’s extensive lineup from very light jets to the super mid-size Longitude. Cessna is also revamping the Excel family with the Citation Ascend that’s expected to begin service in 2025, the company said. <br/>