Minsheng’s Order for 60 Gulfstreams Adds to 2011 MoU
Minsheng now has orders for up to 110 Gulfstreams - a mix of G280s, G450s, G550s and G650s - worth an estimated $5.6 billion.
Gulfstream clarified that the order for 60 jets from Minsheng Financial Leasing announced last week at ABACE is in addition to a previous 50-aircraft order from the Chinese business aircraft leasing firm. Minsheng currently operates a fleet of Gulfstream G450s and G550s. (Photo: Gulfstream Aerospace)
Gulfstream clarified that the order for 60 jets from Minsheng Financial Leasing announced last week at ABACE is in addition to a previous 50-aircraft order from the Chinese business aircraft leasing firm. Minsheng currently operates a fleet of Gulfstream G450s and G550s. (Photo: Gulfstream Aerospace)

Minsheng Financial Leasing’s (MSFL) order for 60 Gulfstream jets (40 firm, 20 options) announced last week at ABACE in Shanghai is in addition to, not further confirmation of, a $2.6 billion order for 50 Gulfstreams under an MoU signed between the two companies in July 2011. Thus, Minsheng now has up to 110 Gulfstreams on order–a mix of G280s, G450s, G550s and G650s–that AIN estimates are worth approximately $5.6 billion, including options.