Embraer signs China leasing MoU
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Empresa Brasileira de Aeronautica SA (Embraer), the world’s fourth-largest planemaker, has signed an MoU for aircraft financing and leasing from CDB Leasing, the aircraft leasing company backed by the China Development Bank. Bloomberg reported that the three-year agreement, thought to be worth up to US$2.2 billion, will see both companies increase financing opportunities for Embraer planes in China.
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