Flexjet revealed that the company signed a firm order that will total over $7 billion. This firm order includes 182 different private jets from Embraer, South America's largest private jet manufacturer.

Fractional jet company Flexjet has placed an order worth $7 billion for Embraer Phenom 300E and Praetor 500/600 executive jets

This is the largest order ever for both companies, and will nearly double the size of Flexjet's fleet over the next five years.