Embraer and Shenzhen-based CDB Leasing signed an MOU last week providing up to $2.2 billion in financing "designed to enhance financing opportunities for acquiring Embraer aircraft in the People's Republic of China and abroad, focusing on developing regional aviation in China," the manufacturer said. CDB will work with potential customers on aircraft acquisition and also may purchase planes directly.

Subscribe to Access this Entire Article

"Other News - 12/11/2009" 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.