At the press conference held today at the 2012 Asian Business Aviation Conference & Exhibition (ABACE), Embraer and China’s Minsheng Financial Leasing Co., Ltd. (MSFL) jointly announced that the first of 13 previously announced Legacy 650 aircraft ordered by MSFL has been delivered.

The milestone is the culmination of a Memorandum of Understanding between Minsheng and Embraer, signed last July, covering the full range of Embraer’s executive jets which was shortly followed by MSFL’s 13-aircraft Legacy 650 order. At the 2012 Singapore Airshow, Embraer and Minsheng announced an additional agreement for three Lineage 1000, ultra-large jets.

“Minsheng Financial Leasing is one of our most valued customers and partners,” said Ernest Edwards, President, Embraer Executive Jets. “The successful delivery of the first Legacy 650 reflects the faith our Chinese customers have placed in Embraer and our products.”

“We are really glad to be part of Embraer’s family of users worldwide,” said Kong Linshan, Chairman of Minsheng Financial Leasing Co., Ltd. “The Legacy 650, with its outstanding performance and intelligent luxury, has become one of the best choices for the top-tier customers in China. Embraer, with its own legacy in aviation industry, provides customers with tailor-made and fully dedicated services. This customer service allows Minsheng Financial to become one of the top leasing companies in the world as it scales up its fleet in the coming years.”

Embraer press release