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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 04.27.15

Airborne 04.21.15

Airborne 04.22.15

Airborne 04.23.15

Airborne 04.24.15

Airborne Hi-Def On YouTube

Airborne 04.27.15

Airborne 04.21.15

Airborne 04.22.15

Airborne 04.23.15

Airborne 04.24.15

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

U.S. Drawing Down European Apache Fleet

Will Relocate 24 Aircraft From Germany To Alaska Twenty-Four Apache attack helicopters will be relocated from Germany to Alaska under a cost-saving plan being implemented by the U.>[...]

GoJet Airlines Announces ATP Flight School Partial Reimbursement Program

Program Subsidizes A portion Of ATP Tuition For Students Who Commit To Flying For GoJet Airlines GoJet Airlines is pleased to announce that it has teamed with ATP Flight School to >[...]

ANN FAQ: Getting The Most Out Of ANN's Newsletters

ANN goes through a lot of trouble to make the graphics flashy and cool and an integral part of the story. But let's face it, they're bandwidth-intensive. So here are a couple of th>[...]

Airborne 04.24.15: DA62 Cert, Flt Design's C4, Sporty Transitions, 1st Flt Fight

Also: Legend Cub, Piper Orders, Postal UAVs?, IMC Club 'Brown Jacket Award', X-47B Refueling The Diamond DA62 has received its EASA Type certificate. After a sunny and warm day Wed>[...]

ANN's Daily Aero-Linx (04.26.15)

Aerospace Web Aerospaceweb.org is a non-profit site operated by engineers and scientists in the aerospace field. The goal of this site is to provide educational information on a va>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC