N398FX

This entry covers airframe N398FX, an Embraer-built light business jet completed in 2024 with manufacturer serial number 50500831. The aircraft, a Embraer EMB-505 Phenom 300E produced by Embraer Executive Aircraft Inc, is recorded in the U.S. registry and is owned by WEW AVIATION INVESTMENTS LLC (c/o Flexjet LLC) based in Cleveland, OH, US. The airframe appears to be operated in a fractional/operator configuration under the listed owner. Current valuation for this specific aircraft is listed at $9,650,000, reflecting a new-build market assessment for a factory 2024 Phenom 300E in an executive/operator layout.

The aircraft is configured with an 8-seat executive cabin (fractional/operator layout) consistent with fractional ownership and charter use, offering a compact, high-density executive interior tailored for short- to mid-range business missions. Avionics are provided by Embraer Prodigy Touch, supporting advanced situational awareness, automated flight management and streamlined single-pilot or two-pilot operational concepts typical of the Phenom 300E line. Typical missions for this airframe include regional point-to-point business travel, short international hops within the aircraft’s 2,010 nm range and repositioning flights for fractional operations; cruise at 446 kts and a 45,000 ft ceiling support efficient en route performance and favorable operating economics. Maintenance and operational cycles will follow Embraer and Pratt & Whitney Canada recommendations tailored to a fractional/operator usage profile.

The Embraer EMB-505 Phenom 300E occupies the lightjet performance niche, offering a blend of high cruise speed and range that competes with other light-cabin jets. With twin PW535E engines producing 3,360 lbf each, the type emphasizes climb performance and short-field capability relative to some competitors. Demand from fractional operators and business charter providers remains strong for this class, driven by its cabin capacity of 8 and modern avionics suite. Resale and maintenance considerations for this 2024 airframe will reflect its low time, operator-centric interior and factory-new status, supporting residual values near the listed $9,650,000 when maintained to Embraer and operator standards.