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Neutral
Optimistic
Positive
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- Last Updated
- 4 hours ago
- Bias Distribution
- 100% Left
Flexjet Places Historic $5.85B Order for 300 Otto Phantom 3500 Jets
Flexjet has placed a historic firm order for 300 Phantom 3500 business jets from Otto Aerospace, marking one of the largest aircraft orders in business aviation history. The Phantom 3500 is a clean-sheet design featuring laminar-flow aerodynamics and precision all-carbon-fiber composites, aimed at cutting fuel burn by over 60%, thus setting new standards for efficiency and sustainability alongside speed, comfort, and range. Scheduled for its maiden flight in 2027 and entry into service in 2030, the jet boasts innovations such as ultra-wide passenger windows with proprietary SuperNatural Vision technology and a cabin height of 6 feet, 5 inches. The order also includes additional options and authorizes Flexjet's in-house maintenance organization to become an Otto authorized service center, ensuring comprehensive support for the new fleet. Flexjet's leadership emphasizes innovation and a commitment to sustainable, long-range luxury private aviation, while Otto Aerospace views the collaboration as a pivotal moment in advancing sustainable and efficient air travel. The aircraft will be built at Otto's large new campus in Jacksonville, Florida, supported by significant state incentives.

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- Unrated
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- Last Updated
- 4 hours ago
- Bias Distribution
- 100% Left
Negative
26Serious
Neutral
Optimistic
Positive
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