Embraer and Jackie Chan at ABACE
Embraer will be displaying at ABACE to be held from 27 – 29 March 2012. The company will be showcasing two business aircraft, the Legacy 650 and Lineage 1000.
“We expect the worldwide executive jet market to experience sustained growth between now and 2021,” said Guan Dongyuan, president of Embraer China. “Our China outlook indicates a need for 635 business jets during that period with a value of US$21 billion.”
Jackie Chan, Embraer Executive Jets’ brand ambassador, will bring his Legacy 650. This marks the aircraft’s public debut in China.
Embraer will also present the Lineage 1000 during the show. Recently, Minsheng Financial Leasing, one of the largest financial institutions providing executive jet leasing services in China ordered three aircraft. Minsheng has also ordered 13 Legacy 650s. In July 2011, Minsheng and Embraer signed a Memorandum of Understanding for the purchase of jets in all executive jet production lines.