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.

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.