Minsheng Signs for Three Embraer Lineage 1000s

Embraer announced today at the Singapore Airshow that China’s Minsheng Financial Leasing placed a firm order for three Lineage 1000 bizliners, with deliveries slated to start sometime this year. In July, the two parties forged a memorandum of understanding in which Minsheng intended to purchase Embraer executive jets, ranging from the entry-level Phenoms to the Lineage 1000 bizliner. In October, Minsheng finalized a firm order for 13 super-midsize Legacy 650s.