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.
Singapore Fractional Orders 40 Citations, Hawkers
Key Takeaways:
- Singapore-based Bjets, a new fractional ownership company, placed Asia's largest business jet order, totaling $600 million, at the Singapore Air Show.
- The order includes 20 Cessna Citation CJ2s ($150 million) and 20 Hawker aircraft (9 Hawker 850XPs and 11 Hawker 900XPs, $450 million), with options for an additional 10 Hawker jets.
- Partly owned by India's Tata Group, Bjets will operate its new fleet throughout Asia, with deliveries scheduled to begin in May.
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