Invision orders 20 executive jets for over $69 mn

Invision orders 20 executive jets for over $69 mn

Dubai: India’s Invision Projects Pvt Ltd has ordered 20 executive jets from Brazilian aircraft maker Embraer in a deal worth $69.4 million.

The order for 18 Phenom-100 and two Phenom-300 jets was announced at the 2007 Dubai Air Show. Deliveries are slated to begin from August 2010.

This is the largest business jet fleet order in India to date, a company press release said.

Vinit Phatak, Managing Director of Invision, said: “Our priority was to find an aircraft that safely performs under Indian weather conditions, is luxurious enough to cater to High Networth Individuals and top corporate executives, and is designed and built according to airline standards for very high utilisation.

“We were also looking for a well-established manufacturer that is flexible enough to incorporate extra safety equipment required by the Directorate General Civil Aviation," he added.

Referring to the Invision order, Embraer Executive Vice President, Executive Jets, Luis Carlos Affonso, said: “We are honoured to participate in the start-up of Invision’s branded charter and air taxi operations."