CBAG Cleared To Buy Aircraft for Chinese Stem Cell Group
Jason Liao, chairman and CEO of China Business Aviation Group, shows off his company's new slogan. CBAB is selling three business jets to a stem-cell research firm.
Jason Liao, chairman and CEO of China Business Aviation Group, shows off his company's new slogan. CBAB is selling three business jets to a stem-cell research firm.

China Business Aviation Group (CBAG), the Beijing-based business aircraft solutions provider, has signed a contract with Beijing Stem Cell Technologies Co. (BSCT) authorizing CBAG to negotiate the purchase of three aircraft for the medical company. The choice will be between a long-range business jet, an Airbus Corporate Jet or similar-sized aircraft, and a short haul transport category aircraft for regional and domestic use. The purchase plans calls for one aircraft per year will be delivered beginning this year.

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