Brazil's Embraer agrees $5 billion aircraft sales deal with NetJets

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1970-01-01 08:00

SAO PAULO Brazilian planemaker Embraer SA said on Thursday it will sell up to 250 units of its

SAO PAULO Brazilian planemaker Embraer SA said on Thursday it will sell up to 250 units of its Praetor 500 aircraft to NetJets Inc in a deal valued at $5 billion.

Delivery of the aircrafts will start in 2025, Embraer said in a securities filing.

(Reporting by Peter Frontini; Editing by Isabel Woodford)