Embraer firms up Chinese exec jet order

China’s Minsheng Financial Leasing Co. has ordered three Embraer Lineage 1000 ultra-large executive jets in a deal announced at the Singapore Airshow. The deal builds on a memorandum of understanding signed in July 2011.

Minsheng, one of China’s largest jet leasing companies, is scheduled to begin taking deliveries of the planes this year.

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