Minsheng Financial Leasing Company has signed firm orders for 13 Legacy 650 executive jets from Embraer for $393m following a memorandum of understanding signed in July 2011 for 20 jets.

The aircraft features the Honeywell Primus Elite avionics suite, which reduces pilot workload and enhances flight safety, the company said.

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The Legacy 650 is a new addition to Embraer’s executive jets family and entered service in late 2010. It offers a range of 3,900nm and seats four passengers.

The first aircraft is expected to be delivered by the end of 2011 and the remainder within the next five years.