Luxury, convenience and flexibility are words associated with business jets. "Affordability" is not. Nextant Aerospace was formed in 2007 to change this perception, and to make business jets accessible to small and mid-size companies as well as the large corporations which traditionally have provided the market for these aircraft.
The challenge: Deliver the latest in business jet technology without passing on the costs associated with clean-sheet design and at the same time reduce operating costs. The solution: Introduce the concept of remanufacturing to business jets, applying the transformative principles of modernization and modification.
Our unique remanufacturing process delivers a product with advanced technology, improved reliability and a life expectancy that meets or exceeds that of competitive aircraft at a fraction of the cost. Our launch aircraft, the 400XT, features a new Rockwell Collins Pro Line 21™ avionics suite, ultra-efficient FJ44-3AP engines by Williams International™ and many structural and aerodynamic enhancements. The aircraft also features the flat-floor and "squared-oval" comfort of the Beechjet cabin upon which the 400XT is based.
Performance metrics include a 2,003 nautical mile range (IFR reserves), a 30% improvement in operating costs compared to the Beechjet 400A/XP, and overall best-in-class operating costs per mile. Our standardized approach to remanufacturing allows us to offer services including aircraft financing, a complete whole-aircraft warranty and a full domestic and international field maintenance support infrastructure. Most importantly, the 400XT offers a base price of $4.0 million which is less than half the price of comparable aircraft.
With FAA certification completed last year and deliveries well underway, we are well advanced towards our goal of redefining the business jet market.