NetJets unveiled its first Phenom 300 from Embraer on Thursday at the NetJets headquarters in Columbus, Ohio. The plane is the first of some 670 aircraft the company plans to purchase over the next 10 years, at a total cost of around $17.6 billion. The purchase is part of an effort to replace the entire fleet of fractionally-owned aircraft. NetJets CEO Jordan Hansell said, "This aircraft is the tangible representation of all the hard work our team has done over the past few years."

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