Embraer's Phenom 100 is the latest entrant in the light jet market, and this mayrnwork to its advantage in the long run. The airplane presents its competitors—chiefly Cessna's Mustang, in Embraer's eyes—with a number of design and performance strengths, all of them the product of Embraer's 40-year experience in building regional airliners. Embraer, new to the business jet market, announced it was embarking on the Phenom line (which includes a bigger stablemate, the Phenom 300) in 2005, well before the current economic downturn, and certification and first deliveries of the Phenom 100 occurred in December 2008. As of early April the firstrn12 Phenoms had been delivered—all to customers in the United States—and morernthan 500 orders had been placed."
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