BJETS signed the single biggest order ever in Asia for a fleet of 50 brand new jets worth over US $ 600 million (S $ 840 million).
Deliveries will be over a period of five years beginning in the first quarter of 2008 comprising 20 Cessna Citation CJ2+ jets and 20 Hawker 850XP and 900XP jets with options for 10 more. The first 15 new jets will be delivered by the end of 2008 setting a record-breaking milestone for BJETS. BJETS will have the biggest fleet of private jets in Asia in its very first year of operations.
The Briley Group is the majority shareholder in BJETS. The other significant shareholder is Indian Hotels Company Ltd., better as known the Taj luxury brand of Hotels, Resorts and Palaces, a part of the Tata Group. BJETS’ flight operations will begin in May 2008. In Singapore, BJETS will operate out of Seletar airport. In India, BJETS will be eadquartered in Mumbai with the entire Flight Operations Center based out of the new Hyderabad International Airport.