AAM of Germany is first customer of Legacy 650
Aircraft Asset Management AAM GmbH, of Hallbergmoos, Germany, is the first company to order the new Embraer Legacy 650 executive jet. The announcement was made at the NBAA Convention in Orlando.
The total value of this first European order for the is US$ 59 million, based on 2010 economic conditions. The aircraft will be operated by established private jet charter operator and Legacy 600 customer, DC Aviation, from Stuttgart, Germany. This deal is already included in Embraer’s firm order backlog for the third quarter of 2009.
This is the second contract signed by Embraer and Aircraft Asset Management AAM GmbH. The German company initially ordered three Legacy 600s in 2007. Their first Legacy 650 will be delivered in the fourth quarter of 2010, joining two DC Aviation Legacy 600s. The second Legacy 650 will be delivered in 2011.