Nextant Aerospace Appoints John Daut As US Regional Sales Director For The Northeast

• The Nextant 400XT was designed for the Northeast with market leading range, performance and the best value proposition in the industry
• Nextant Aerospace sees strong initial demand in the region
• Former Marquis and NetJets sales leader will drive sales activities in the Northeast

CLEVELAND, OHIO, May 7, 2013 – Nextant Aerospace, the pioneer and global leader in remanufactured business jets, today announces the appointment of John Daut as US Regional Sales Director for the Northeast. Daut, who previously led sales efforts with market leaders Marquis Jet and NetJets, joins the company with exceptional knowledge of the business aviation market and customers. With a 2003nm range, market-leading cabin comfort and an acquisition price half that of competitive aircraft, the Nextant 400XT is the ideal light aircraft for the Northeast market.

“We are excited to have John join the Nextant team,” said Jay Heublein, Executive Vice President of Global Sales and Marketing. “John has proven track record with two of the most successful sales organizations in business aviation and he knows the Northeast market very well. The 400XT was designed specifically with the Northeast customer in mind. We took a look at the shortcomings found in earlier light jets and developed an aircraft with the range, performance and overall value proposition that Northeast customers have been waiting for.”

John Daut brings 30 years of experience developing new markets in complex selling environments. Prior to joining Nextant, Daut was Executive Vice President of Sales for Marquis Jet, the market leader in jet cards. At Marquis, he grew revenues from $400 million to $900 million and added over 1,000 new customers. After Marquis’s acquisition by fractional giant NetJets, Daut was appointed Senior Vice President for Sales where he led Northeast sales efforts and oversaw the company’s expansion into Asia.

"The industry continues to offer a multitude of solutions for those looking to leverage private jet travel,” said Daut. “Choosing the best solution means understanding the options, the clients’ needs and working as their advocate. Nextant is incredibly exciting to me because it's a game changer. It has the range, comfort and performance that the market demands at a significantly lower price point. Plus, it has the warranties, service network and parts distribution infrastructure you would expect from any major manufacturer.”

Since its launch in 2007, the Nextant Aerospace value proposition has proven hugely attractive in the US and around the world. The company has delivered 26 aircraft to six countries since late 2011 and began 2013 with a sales backlog valued in excess of $175 million. The Nextant 400XT boasts an impressive 2,003 nautical mile (3,709 km) range, which means customers can fly from New York Teterboro to Aspen, Phoenix, Mexico City or the Caribbean without refueling. Its ergonomically-designed cabin optimizes space and efficiency while low noise levels minimize fatigue. Fully equipped to support high-value users, its data and communications systems ensure maximum productivity at all times. Low maintenance costs are backed by a full factory warranty, a global network of owned and authorized service centers and the world’s largest inventory of rotable parts for BE40 series aircraft which includes the 400XT.

About Nextant Aerospace

Nextant Aerospace was founded in 2007 for the primary purpose of developing an aircraft modernization program. The company is credited with being the first to introduce the concept of aircraft remanufacturing to the business jet market. The Nextant 400XT is a remanufactured Beechjet 400A/XP equipped with the Williams FJ44-3AP engines and Rockwell Collins Pro Line 21™ integrated avionics suite. The new aircraft also benefits from significant aerodynamic enhancements including newly designed nacelles, pylons and an improved engine mounting configuration. The 400XT is delivered as a new aircraft with a two-year, full aircraft warranty. Nextant’s design and manufacturing facility is located in Cleveland, Ohio, at the Cuyahoga County Airport. Nextant is a Directional Aviation Capital company. For more information, please visit, 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 evolve private aviation. Directional’s unique industry experience enables them to quickly understand business aviation companies and provide the financing and operational strategy needed to take advantage of market opportunities. For more information, visit www.directionalaviation.com.

Media Contacts

Richard Thomas Communications Director, Nextant Aerospace +44 7904 950 841 This email address is being protected from spambots. You need JavaScript enabled to view it.

Elizabeth Ricci Marketing Manager, Nextant Aerospace +1 216.797.8221 This email address is being protected from spambots. You need JavaScript enabled to view it.