Minsheng Places Firm Order for 13 Embraer Legacy 650s | Aviation International News

Minsheng Places Firm Order for 13 Embraer Legacy 650s

Embraer celebrates a sale of 13 Legacy 650 jets to China’s Minsheng Financial Leasing.

Embraer celebrates a sale of 13 Legacy 650 jets to China’s Minsheng Financial Leasing.

By Liz Moscrop • Contributor

October 11, 2011

They’ll be cracking open the caipirinha bottle in São Jose dos Campos, Brazil, this week as Embraer celebrates a sale of 13 Legacy 650 jets to China’s Minsheng Financial Leasing. First delivery is slated for the end of this year, with the remainder due into China over the next five years. The companies announced the orders today at NBAA 2011 in Las Vegas.

The order forms part of the memorandum of understanding were signed in July between the two companies, whereby Minsheng will take up to 20 Embraer aircraft. Minsheng chairman Kong Linshan said that the company had sold 13 of the corporate jets already and is analyzing the Phenom. Minsheng has also sold a Lineage 1000, which will be delivered into China next year.

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