Singapore, February 19, 2008 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today at the Singapore Airshow that private aviation services provider BJETS has placed an order for 20 Citation CJ2+ business jets valued at approximately US$150 million.
"BJETS will be the first pan Asian fractional operator using its own fleet of aircraft to offer traditional block charter and fractional ownership services," said BJETS Managing Director and Founder Bala Ramamoorthy. "There is an acute shortage of these services in Asia, and as wealth continues to grow in the region, we believe the demand will continue to increase dramatically," he added.
The CJ2+ seats up to eight passengers and is powered by two Williams FJ44-3A powerplants, each generating 2,490 pounds of thrust. It has a range of 1,613 nautical miles and a maximum cruise speed of 418 knots.
According to Cessna's Senior Vice President of Sales and Marketing Roger Whyte, "Cessna is very proud to supply BJETS Citations which will constitute the backbone of their fleet. The outstanding runway performance of the CJ2+ will open many additional airports in Asia which are not accessible to airlines or other business jets."
Cessna has delivered more than 1,000 Citation CJ aircraft worldwide since 1992.
Source: Singapore-Headquartered BJETS Orders 20 Citation CJ2+ Business Jets
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