Embraer signed a memorandum of understanding with China’s ICBC Financial Leasing Co. to create financing opportunities for the sale of commercial and executive jets in China and other markets.
Embraer signed a memorandum of understanding with China’s ICBC Financial Leasing Co. to create financing opportunities for the sale of commercial and executive jets in China and other markets. According to Embraer, the agreement covers up to $2.5 billion of financing over the next five years. Embraer Commercial Aviation president Paulo Cesar Silva said the rapid development of the Chinese economy has resulted in “high growth rates for regional and executive aviation, making ...
Subscribe to Access this Entire Article
"Embraer, China’s ICBC Leasing ink financing deal" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.
