“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”
Embraer Offers Credit Deals
According to Embraer, buyers of its Legacy 600 business jets can now use the Multi Service Aviation Affinity Card at airports worldwide to pay for fuel, maintenance, catering, landing fees and other charges. The Brazilian manufacturer has also announced that U.S. Bancorp's U.S. Bank Equipment Finance unit will provide financing for the Legacy as well as for the Lineage 1000 and the still-to-come Phenom 100 and Phenom 300 business jets.