Singapore Fractional Orders 40 Citations, Hawkers

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The order books for Cessna and Hawker Beechcraft fattened considerably on the first day of the Singapore Air Show with what is being described as the largest business jet order ever placed in Asia. Singapore-based Bjets, a start-up fractional, ordered 20 Citation CJ2 aircraft from Cessna worth about $150 million as well as nine Hawker 850XPs and 11 Hawker 900XPs worth a total of $450 million. The company also has options on another 10 Hawker aircraft. Deliveries will start in May and continue for several years. The company will operate throughout Asia. It is partly owned by the Tata Group from India, which already operates business jets for customers of its high-end hotels in India.

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