BizJournals:
The aviation branch of U.S. Bancorp’s Equipment Finance division has signed a deal with Brazilian aircraft manufacturer Embraer to provide custom financing for executive jets sold in the U.S.
The agreement announced in a news release by Minneapolis-based U.S. Bancorp covers the Embraer Phenom 100 very light and the Phenom 300 light jets, the mid-size Legacy 600 and the ultra-large executive jet Lineage 1000.
Sao Paulo-based Embraer is the 4th-largest airplane maker in the world, and the leading producer of jets up to 110 seats.
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