EMBRAER IN DEAL WITH CHINESE LESSOR AVIC

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By TESTCustomwebLP TESTCustomwebLP November 18, 2010 22:07

EMBRAER IN DEAL WITH CHINESE LESSOR AVIC

Embraer has entered into a memorandum of understanding for financing and leasing aircraft with Chinese group AVIC International Leasing. The deal could be worth up to $1.5 billion over the next five years.

Embraer expects demand from China to reach 950 new regional jets over the next 20 years. It has delivered a total of 77 out of 105 firm orders to China.

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By TESTCustomwebLP TESTCustomwebLP November 18, 2010 22:07
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