EJM Retires Sole Phenom 300 from Fleet

Executive Jet Management (EJM), based at Cincinnati Lunken, has retired its only Phenom 300 jet from its Part 135-certified fleet as of December 2024, according to ch-aviation research. This decision marks another step in EJM’s ongoing fleet optimization and reflects broader trends in the business aviation sector as operators update and modernize their fleets.
The retired Phenom 300, registered as N577JM (msn 50500301), was last active under the EJM code on December 3, 2024. On its final operational day, the aircraft completed a test flight around Dallas Love Field after departing from San Francisco. Despite being only 9.6 years old, the jet, which entered service with EJM in May 2024, is no longer listed as Part 135-certified. This retirement decision underlines the dynamic nature of fleet management, wherein even relatively modern jets are sometimes phased out as companies adjust to changing market conditions and regulatory requirements.
With the retirement of its sole Phenom 300, Executive Jet Management has streamlined its Part 135-certified fleet. The remaining portfolio includes a Praetor 600, two Legacy 600s, and a Legacy 650, alongside a broader mix of 160 other jets manufactured by industry leaders such as Bombardier Business Aircraft, Dassault Aviation, Gulfstream Aerospace, and Textron Aviation. This selective approach allows EJM to maintain a robust and versatile fleet that can meet the diverse demands of its high-net-worth clientele and corporate customers.
EJM’s decision to retire the Phenom 300 comes at a time when many operators are re-evaluating their fleet compositions to maximize efficiency and service quality. In the competitive world of business aviation, operators continuously weigh factors such as operating costs, maintenance, and market demand when deciding to upgrade or retire specific aircraft. The Phenom 300, known for its efficiency and modern design, had served as a valuable asset during its time in the EJM fleet. However, the company has chosen to consolidate its Part 135 fleet around other models that better align with its strategic goals.
It’s important to note that while Executive Jet Management has removed the Phenom 300 from its own Part 135-certified roster, its parent company, NetJets Aviation, continues to operate a significant number of these aircraft. NetJets Aviation’s U.S. division currently runs 117 Phenom 300 and Phenom 300E aircraft under a Part 135 certificate, while an additional 28 aircraft of the same variants are managed by its Portuguese unit, NetJets Transportes Aéreos. This split in operations illustrates that while NetJets sees long-term value in the Phenom 300 for other parts of its global operations, EJM’s focused strategy supports its efforts to optimize its specific market niche.
The retirement of the Phenom 300 from EJM’s fleet may also signal potential future fleet updates. By concentrating on models that offer greater operational commonality or that better meet the evolving needs of its customer base, EJM is positioning itself to continue delivering top-tier charter services in a competitive market. The company’s commitment to maintaining a modern, efficient, and compliant fleet is a key element of its overall business strategy.
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Sources: AirGuide Business airguide.info, bing.com, ch-aviation.com