Florida-based Gold Aviation Ser­vices has ordered five Embraer Phe­nom 100 very light jets to be offered under a management and charter programme. The deal includes options for 10 Phenom 100s or larger Phenom 300 light jets.

The Phenom 100s are scheduled for delivery at monthly intervals beginning in August 2009, and Ft Lauderdale-based Gold says it has already sold the first aircraft. The company's programme offers full ownership for $2.89 million, with fixed operating costs of $20,000 a month, direct operating costs of $500 an hour, and guaranteed annual charter revenue of $240,000. Half ownership costs $1.5 million, with charter revenue of $120,000 a year and fixed costs of $15,000 a month, including crew, training, insurance and maintenance tracking.

 phenom 300
© Embraer

Gold has options for Phenom 300s in its contract for five 100s

Gold, which manages a wide range of business aircraft and offers a similar programme for Embraer's super mid-size Legacy 600, is promoting the Phenom 300 for availability beginning in August 2010.

Source: Flight International