Shortly after announcing the launch of Project Phoenix to provide an after-market for the Bombardier CRJ-200, the new venture announced its first customers in Kanyan Capital and Ritz Pacific Ltd for Jet Asia Macau, which signed Letters of Intent for CRJ-Phoenix regional jets to be converted into luxury business jets, according to Project Phoenix President Mike Cappuccitti. Karthik Narayan, chair, Asia and Middle East for Kanyan Capital, signed the Kanyan letters of intent during the Dubai Air Show on behalf of Opus Capital, a Dubai based private equity company. One of its two aircraft will be operated as a charter aircraft out of the Dubai International Business Aviation Terminal once deliveries are made next September and November. The two aircraft will be managed by ExecuJet Middle East. For a complete report see the December 3 issue of Regional Aviation News.