China Bizav Group To Helm Jet Purchase

 - March 26, 2012, 6:00 AM

China Business Aviation Group (CBAG), a Beijing-based business aircraft solutions provider, has signed a contract with Beijing Stem Cell Technologies (BSCT) authorizing CBAG to negotiate the purchase of three aircraft for the medical company. The company plans to purchase a long-range business jet, an ACJ/BBJ-type bizliner and a short-haul transport-category aircraft for regional and domestic use. One aircraft per year will be delivered beginning this year. BSCT currently owns two aircraft, but needs more to support the company’s growth.