Executive Airshare, founded in Wichita, has ordered 44 Phenom 100 and four Phenom 300 business jets from Brazil’s Embraer for its fractional ownership program. It has options for additional planes.
The company released its pricing for Phenom 100 today.
A 1/16th share of the Phenom 100 very light jet will run $299,500 and allow buyers 20 days and 50 flight hours of use a year.
A quarter share costs $1.18 million and give buyers 80 days and 200 flight-hours of use a year.
Executive AirShare says its the only established fractional aircraft ownership company in North America to offer both models of Phenom jets. The Phenom 100 will enter service in the second quarter of 2009.
