ABACE: Minsheng and Gulfstream in 60-aircraft deal

Minsheng Financial Leasing and Gulfstream have signed an order for up to 60 Gulfstream aircraft, one of the largest orders in the airframer’s history.

The two companies originally signed the deal in the fourth quarter of 2013, but Minsheng wanted to wait for the ABACE show before formally announcing it.

The deal encompasses the complete range of Gulfstream aircraft, including the G280, G450, G550, and G650. Deliveries will start in 2015, says Gulfstream.

“Minsheng has enjoyed a long and successful relationship with Gulfstream,” said Johnny Lau, vice president, Aviation Leasing Division, Minsheng Financial Leasing.

“The Gulfstream products combine reliability, performance, comfort and efficiency to provide a world-class flying experience for our customers. In addition, Gulfstream’s high-standard product support was a major contributor to our decision to move forward with this agreement.”

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