AT EBACE 2023 Embraer will showcase three of its industry-leading jets: Phenom 300E, Praetor 500 and Praetor600. The company continues its strong momentum, with demand for its product portfolio resulting in backlog into 2025. Earlier this month, NetJets and Embraer announced a new deal for up to 250 Praetor 500 jet options, including a comprehensive services and support agreement. Additionally, Embraer continues to ramp up sustainability efforts to reach ESG goals that include carbon neutrality in operations by 2040, net-zero aviation emissions by 2050 and 100% renewable energy sources by 2030.
All three aircraft will fly to the show using book-and-claim, in light of the unavailability of SAF, to uphold its commitment. Once arriving in Geneva, the aircraft will be fueled with SAF for departure from the show. The company has continued to increase its use of SAF, including at its headquarters in Melbourne, Florida, while investing in the development of low-to-zero emission alternative propulsion technologies, such as electrification, hybrid electric, and hydrogen.
At last year EBACE, Embraer and 4Air announced a carbon offsetting program for new Executive Jets customers that enrolled in the Embraer Executive Care Program. Upon enrollment, customers received 25 complimentary carbon-neutral flight hours through 4AIR, offsetting their carbon emissions during their first year of ownership. Projects funded by 4AIR carbon offset credits include renewable energy programs, the enhancement of carbon-absorbing forests and the support of local projects that reduce deforestation, generating social and economic benefits. As of today, more than 30 certificates have been issued through the program.
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