Flexjet, a fractional jet ownership and leasing company, is becoming Otto Aerospace’s launch customer for the Phantom 3500 business jet. The agreement consists of 300 firm orders for the aircraft, with additional options, with the first jet expected to be delivered in 2030. The contract also enables Flexjet’s in-house maintenance organisation to become an Otto authorised centre.
“For 30 years, Flexjet has led through innovation opposed to imitation, introducing tomorrow’s standards, not reacting to yesterday’s expectations,” said Flexjet Chairman Kenn Ricci. “The Phantom 3500 exemplifies that approach perfectly, marking a bold step into a future where an aircraft’s efficiency and sustainability stand alongside speed, comfort and range as defining standards. This collaboration with Otto Aerospace further affirms our leadership role in delivering to fractional aircraft Owners the future of luxury private aviation.”
“Flexjet’s decision to build their fleet around the Phantom 3500 speaks volumes about where aviation is headed. As one of the largest business jet orders in private aviation history, this marks a turning point in the industry’s move toward sustainable and efficient air travel,” commented Paul Touw, CEO of Otto Aerospace. “The Phantom 3500 will redefine private aviation, providing Flexjet with a fleet that dramatically reduces costs while expanding operational capabilities and enhancing the customer flying experience.”
The Phantom 3500 is marketed as an ultra-efficient aircraft that can reduce fuel burn by 60 per cent, with an 800FT3 cabin, 51,000-foot cruising altitude, and 3,500nm in range. It is uncertified as of yet, but Otto anticipates first flight in 2027, and certification in 2030.