Nextant Aerospace Appoints AVIC International Aero-Development Corp As Exclusive Sales Representative For The China Region

• AVIC Intl Aero-Development Corp will lead overall strategy for sales, marketing and customer service in China
• The company expects to take delivery of its first 400XTi by the end of the year
• The Chinese market shows good near- and mid-term potential for Executive and Special Missions aircraft

CLEVELAND, OHIO, April 15, 2014 – Nextant Aerospace (“Nextant”), maker of the Nextant 400XTi – the world’s only remanufactured business jet – today announced the appointment of AVIC International Aero-Development Corporation (“AVIC ADE”) as the exclusive sales representative for the Greater China region. As part of the agreement, AVIC ADE expects to take delivery of its first 400XTi by the end of the year. This partnership will allow AVIC ADE to closely align with sales, marketing and customer support efforts in the region.

AVIC (the Aviation Industry Corporation of China) is China’s largest aviation company with interests in manufacturing, charter operations, maintenance and general aviation. AVIC ADE is a subsidiary of AVIC International, which serves as one of the main channels for the import and export of civil aviation products in China. Its general aviation team was established in 1997 and assists customers with aircraft sales, importation service, financing, logistics, training, warranty claims and parts supply. AVIC ADE also provides assistance with tendering, bidding, negotiations and documentation for government procurements. “AVIC ADE’s focus on aviation, its extensive customer network, and its market and policy insights give Nextant direct lines of communication with all of our target markets: corporations, entrepreneurs and charter operators,” said Nextant President Sean McGeough. “In a climate of increased focus on efficiency and productivity, the Nextant value proposition is especially compelling. Coupled with relaxing regulatory constraints and expanding aviation infrastructure we see strong near- and mid-term potential for the region.”

“We are very pleased to partner with Nextant Aerospace for the Greater China region,” said Fu Yuming, Vice President of AVIC ADE. “Senior business leaders in China are looking for cost-effective solutions for travel within China that isn’t reliant on commercial airline schedules. The 400XTi has the ability to fly direct anywhere in China and provide needed private space to conduct business during the flight. It is a high-quality product at a reasonable cost and that kind of value will be in high demand in the coming years.”

Nextant also expects to see strong demand for Special Missions applications including air ambulance, airport calibration, surveillance, search and rescue, high density and cargo.

About Nextant Aerospace

Nextant Aerospace is recognized as the first company in the world to introduce aircraft remanufacturing to the business jet market. The Nextant 400XTi is a completely rebuilt Beechjet 400A/XP with Williams FJ44-3AP engines and the Rockwell Collins Pro Line 21™ integrated avionics suite. It also has major aerodynamic enhancements and an improved engine mounting configuration with redesigned nacelles and pylons. The 400XTi is delivered with a two-year full-aircraft warranty and after-sales support provided by a global network of owned and authorized service centers. Founded in 2007, Nextant is a Directional Aviation Capital company based in Cleveland, Ohio. For more information, like us on Facebook, follow us on Twitter @nextantaero or join us on LinkedIn.

Media contacts

Elizabeth Ricci Customer Experience Manager +1 216 797 8221 This email address is being protected from spambots. You need JavaScript enabled to view it.	Richard Thomas Communications Director +1 813 321 0733, +44 790 495 0841 This email address is being protected from spambots. You need JavaScript enabled to view it.
Jing Wei Director, China Business Development US: +1 571 395 7459 China: +86 138 1155 0815 This email address is being protected from spambots. You need JavaScript enabled to view it.	Fu Jinjian Director, Business Aviation Dept., General Aviation Div. of AVIC Intl Aero-Development Corp +86 10 84808114 This email address is being protected from spambots. You need JavaScript enabled to view it.