Embraer has signed a new agreement with its Chinese joint venture partner Aviation Industry Corporation of China (AVIC) to build Legacy 600 and 650 business jets in China.
The aircraft will be built by the two parties’ existing joint venture, Harbin Embraer Aircraft Industry Co (HEAI), which started operations in 2002 building regional jet aircraft for the Chinese market.
ICBC Leasing will be the first customer for the Chinese built Legacy 650, with a firm order for five aircraft plus five options announced on June 21. The first delivery from the Harbin line will take place by the end of 2013.
“HEAI’s Legacy 600/650 program and an immediate order from its first customer is solid proof of the faith our Chinese customers place in Embraer,” said Guan Dongyuan, president of Embraer China.
“China’s fast growing economy has been cultivating its business aviation market, which is expected to require some 635 executive jets in the next decade. We believe that Embraer Executive Jets will play an important role in China’s executive aviation market.”