China's ICBC Leasing, HEAI Sign 10-Aircraft Order For Legacy 650s | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 03.23.17

Airborne
03.27.17

Airborne
03.28.17

Airborne
03.29.17

Airborne
03.30.17

Airborne 03.24.17

Airborne-Unmanned 03.28.17

Airborne-YouTube

AMA 03.23.17

Airborne
03.27.17

Airborne
03.28.17

Airborne
03.29.17

Airborne
03.30.17

Airborne 03.24.17

Airborne-Unmanned 03.28.17

Sun, Jun 24, 2012

China's ICBC Leasing, HEAI Sign 10-Aircraft Order For Legacy 650s

Brazilian Planemaker Now Has Chinese Orders For 159 Commercial And Executive Jets

A deal for 10 Legacy 650 executive jets, consisting of five firm orders and five options, has been signed between ICBC Financial Leasing Co. and Harbin Embraer Aircraft Industry Co., Embraer’s joint-venture with Aviation Industry Corporation of China (AVIC). Deliveries are scheduled to begin at the end of 2013. The order makes ICBC Leasing the launch customer of HEAI’s Legacy 600/650 program and rounds out ICBC’s current 70-aircraft portfolio.

“It is really inspiring news that right after its inauguration of the Legacy 600/650 production program in China, HEAI welcomes ICBC Leasing as the first customer,” said Mr. Guo Dianman, Chairman of Harbin Embraer Aircraft Industry Co., Ltd. “We appreciate the confidence and trust ICBC Leasing has in us. By fully leveraging all resources, with the dedicated collaboration of AVIC and Embraer, HEAI will provide the outstanding and reliable performance for which the Legacy 600/650 is known.”

“Over a decade’s effort has gone into Embraer’s corporate image and products in the China market,” said Guan Dongyuan, President of Embraer China. “HEAI’s Legacy 600/650 program and an immediate order from its first customer is solid proof of the faith our Chinese customers place in Embraer. China’s fast growing economy has been cultivating its business aviation market, which is expected to require some 635 executive jets in the next decade. We believe that Embraer Executive Jets will play an important role in China’s executive aviation market.”

“As a wholly owned subsidiary of the Industrial and Commercial Bank of China, the world’s largest bank by market capitalization, ICBC Leasing commits itself to be the world’s leading financial leasing institute,” said Cong Lin, President of ICBC Financial Leasing Co., Ltd. “We are really delighted to make the order come true shortly after the Memorandum of Understanding signed by the two sides last April. We do believe that, with joint efforts, both parties will have greater achievements in the executive aviation segment.”

With this deal, Embraer’s firm orders in China total 159 commercial and executive jets, including 20 firm orders for the Legacy 650. Jackie Chan, the internationally renowned movie star and Embraer’s Executive Jets brand ambassador, was the first user of the aircraft in the Greater China region.

FMI: www.embraer.com

 


Advertisement

More News

Airborne-Unmanned 03.28.17: Gremlins UAS, Drone Privacy, Alpha Unmanned Helo

Also: Knifefish UUV, Runway Inspection Drones, Drone Hinders Firefighting, Canada's New Drone Regs DARPA has awarded two Phase 2 contracts of its Gremlins program to Dynetics, Inc.>[...]

G5 Electronic Flight Instrument Approved As A DG/HSI In Certificated Aircraft

Dual G5 Installation Options Support Safety-Enhancing Redundancy With Dual ADAHRS And Back-Up Battery Garmin has announced the approval of the G5 electronic flight instrument for i>[...]

Garmin TeamX Introduces New G3X Touch Display For Experimental Aircraft

Updated Device Features Seven-Inch Portrait Display Garmin has announced a new addition to the G3X Touch glass flight display family, the 7-inch G3X Touch portrait display. For fir>[...]

Airborne 03.29.17: F-16 Makes A Move, Sumwalt to NTSB, DJI Proposes Drone IDs

Also: SKYe SH09, AEA 2017 Opening/NPI, FAA Certifies Elite, Carrier Strike Group, G650 Sim, SBIRS Satellite, Hawaiian Airlines The ‘electric jet’ is moving to South Car>[...]

Airborne 03.28.17: Dynon ADS-B/WX Recvrs, B-29 'Doc' Touring!, Atlanta Tech

Also: Safety Focus, Aero-Calendar, Mechanic Pay, Alaska Airlines, GAMA, CA Aviation Hall Of Fame, Gogo Biz 4G Dynon’s new dual band SV-ADSB-472 receives ADS-B traffic via 978>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC