Embraer President and CEO Mauricio Botelho said he is pleased with the success of the company's new Phenom very light jet program to date and expects to capture one-third of the market and produce up to 1,000 VLJs. Speaking at the Aero Club of Washington yesterday, Botelho said, "We believe the VLJ will play an important role in the transportation market," citing its "exceptional performance and lower operating costs." The first Phenom delivery is expected in 2008. Botelho also said Embraer ...

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