Second Delivery of Nextant Jet Brings PlaneSense, Inc. to “Fleet” Status

  • Growing XTi Fleet Expands Options for PlaneSense® Program Clients

CLEVELAND, OHIO, January 19, 2016 – Nextant Aerospace (a Directional Aviation Capital company) which makes the 400XTi – the world’s only remanufactured business jet, announced today that it has completed delivery of the second 400XTi aircraft to PlaneSense, Inc., a fractional operator based out of Portsmouth, NH.

“Just one year ago, we finalized an agreement between our two companies,” explains Jay Heublein, Executive Vice President for Nextant Aerospace. “Today we delivered their second 400XTi, and we are eagerly looking forward to the delivery of their third aircraft later this quarter.”

Heublein said that the PlaneSense® program 400XTi features a custom branded interior that is exclusive to and was designed by the fractional program provider. Heublein feels this level of attention to detail and customer service is just one example of how the PlaneSense® organization is exceptionally well-run from top to bottom.

“The 400XTi has been very well received by our client base,” stated PlaneSense, Inc. President and CEO George Antoniadis. “We have flown nearly 100 hours per month since the acquisition of the first 400XTi, and the addition of the second and third aircraft will further increase our ability to provide clients with even more jet access.”

The original order called for the purchase of five Nextant aircraft. The PlaneSense® program will take delivery of the third aircraft later this quarter and is slated to take the final two deliveries in 2017.

About Nextant Aerospace

Nextant’s pioneering process for remanufacturing business jets is now recognized as an established technical and commercial success worldwide with significant sales in every major operator category and class-leading levels of comfort, performance and reliability – all at a purchase price half that of comparable aircraft. The revolutionary 400XTi light jet features Williams FJ44-3AP engines and the Rockwell Collins Pro Line 21™ integrated flight deck. The same winning combination will soon be available in the Nextant G90XT turboprop powered by next-generation GE H75-100 engines and introducing an enhanced Garmin G1000 integrated flight deck.

Founded in 2007, Nextant is a Directional Aviation company based in Cleveland, Ohio. For more information, like us on Facebook, follow us on Twitter @nextantaero or join us on LinkedIn.

About Directional Aviation Capital

Directional Aviation Capital is a private investment firm whose singular focus is private business aviation. Combining strategic aviation ownership, unmatched experience and revolutionary vision, Directional continues to innovate and reshape private aviation. Directional’s unique industry expertise enables them to quickly understand business aviation companies and provide the financing and operational strategy needed to take advantage of evolving market opportunities. For more information, visit www.directionalaviation.com.

About PlaneSense, Inc.

PlaneSense, Inc. is a fractional aircraft ownership program based in Portsmouth, NH, that has been in operation since 1995. The PlaneSense® program manages the largest civilian fleet of Pilatus PC-12 aircraft in the world, and has more experience with the PC-12 than any other aircraft management and maintenance team. Apart from this Nextant 400XTi order, PlaneSense, Inc. has also placed the largest launch agreement order for six new Pilatus PC-24 jets. Offering optimal access to many airports, and fractional owner flexibility that suits any flying profile, the PlaneSense® program offers compelling value through affordable pricing, world-class service, and a practical, comfortable aircraft. For more information on fractional aircraft shares with the PlaneSense® program, visit PlaneSense, Inc. online at: http://www.planesense.com

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