Nextant Aerospace Debuts Its 400XT Business Jet To Chinese Market At ABACE 2013

• ABACE 2013 will mark the 400XT’s maiden voyage to China
• Nextant sees strong interest and growth potential in China and throughout South East Asia
• The company will also showcase its new air ambulance configuration

SHANGHAI, CHINA, April 11, 2013 – Nextant Aerospace, the pioneer and global leader in remanufactured business jets, will display its 400XT at the Asian Business Aviation Conference and Exhibition taking place 16-18 April 2013 at Shanghai Hongqiao International Airport. The company will also showcase its new air ambulance configuration for the 400XT which is the first of its special missions applications. The aircraft will be at static display #150.

Nextant will hold a press briefing at Shanghai Hawker Pacific Service Centre:

Time and location
Monday, April 15, 2013
Shanghai Hawker Pacific Service Centre, Meeting room 2
2:00 pm (China Standard Time)

“We are excited to introduce the 400XT to the Chinese market,” said Sean McGeough, President of Nextant Aerospace. “We continue to see strong interest in China and throughout Asia for our aircraft. Increased business activity throughout China means there is a greater need for efficient business travel while at the same time people are increasingly focused on value. Our aircraft delivers all the comfort, range and performance of competitive aircraft at 50% of the purchase price and with significantly lower operating costs. These are attributes which are proving popular with the Chinese market.”

There are currently 342 entry level jets in Asia Pacific, which it estimates are worth a total of approximately $1.23 billion . Nextant research reveals that the market is seeing long term growth, but at the same time many owners are looking to sell their existing aircraft and buy new ones that are more fuel efficient and offer better value for money.

“The business aviation market in China has shown rapid growth,” said Mr. McGeough. “Indeed, over half (53%) of its entry level jet fleet is less than 10 years old¹. We intend to grow with the market, both with our current platform and with upcoming products that address specific needs of the Chinese market.”

Nextant is also launching its air ambulance configuration and will be demonstrating its air ambulance equipment manufactured by Spectrum Aeromed at ABACE.

The Nextant 400XT

The Nextant 400XT is the world’s first remanufactured aircraft. Key features include:

• 50% lower purchase price;
• the lowest operating cost in its class;
• superior performance and 2003nm (3,710km) range;
• speeds of up to 460 kt (851 km/h);
• exceptional cabin comfort featuring a flat floor and “squared oval” cabin cross-section; and
• global service center and parts distribution network.

Since late 2011, the company has closed more than $100 million in sales and delivered 26 aircraft to buyers in six countries. The firm currently has a sales backlog valued in excess of $175 million.

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. For more information, please visit, like us on Facebook, follow us on Twitter @nextantaero or join us on LinkedIn.

Media contacts

Richard Thomas Philtre Ltd. +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.