...Signs Legacy MOU With Flight Options...

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On October 27, Embraer announced the signature of a Memorandum of Understanding with Flight Options for the purchase of up to four Legacy Executive business jets. The aircraft are slated for entry into the Cleveland-based company's operation immediately upon final contract signing, which is expected before years-end. Embraer said the average price of the Legacy Executive in the company's backlog was USD$20.8 million, but declined to put a value on the Flight Options deal. Embraer says the jet's latest range enhancements come from increased fuel capacity, aerodynamic improvements, and higher engine thrust. Aerodynamic improvements include the removal of windshield wipers, redesign of fairings and air inlets, leading edges polishing, and surfaces smoothing resulting in significant drag reduction, fuel economy and extended autonomy. The Legacy family consists of the Legacy Executive, with a range of 3,250 nm (8 pax, 0.74 Mach, NBAA reserves) in a 13-seat configuration; the Legacy Shuttle (16-19 seats, 1,840 nm range) and the Legacy Shuttle HC (30-37 seats, 1,840 nm range).