- China Great Wall Industry Corporation (CGWIC) named as Nextant Aerospace’s exclusive sales agent for the Greater China Region
- Places order for 18 Nextant aircraft worth $89 million
- CGWIC to play instrumental role in establishing Nextant service, support and parts distribution infrastructure in China
Shanghai, April 15, 2013 – Nextant Aerospace (“Nextant”), maker of the Nextant 400XT, has today announced the appointment of China Great Wall Industry Corporation (CGWIC) as exclusive sales agent for the Greater China Region (Mainland China, Hong Kong, Macau and Taiwan). The initial order of 18 Nextant aircraft (three firm with 15 options) worth $89 million is to be delivered over the next 24 months, starting later this year. The aircraft will be a mix of business and special mission configurations. The Chinese aerospace leader will also play an instrumental role in establishing the Nextant service, support and parts distribution in China.
Established in 1980, CGWIC has been on the cutting edge of China’s aerospace industry. CGWIC is the only authorized primary contractor for products and services of China’s space industry, providing professional services that include the manufacture and launch of satellites and space systems exhibitions , international logistics, trade, tourism and international bidding. The multi-billion dollar company has strong technological expertise and thirty years of experience delivering safe, reliable and high quality products with strong aftersales support.
“There could not be a better partner for us in China,” said Nextant Aerospace President Sean McGeough. “CGWIC’s knowledge of the Chinese aerospace market, existing vast national infrastructure and long experience working with Western organizations is unsurpassed. They also have the resources and long-term focus required to assure safe, stable and high quality service for decades to come. The initial order of 18 Nextant aircraft is a strong sign of commitment from CGWIC.”
CGWIC was one of the first companies in China to actively work with Western business partners and has since been devoted to the domestic and international development of China’s aerospace industry. CGWIC has significant experience working within in the international marketplace, employing some of China’s top engineers and brightest marketing professionals. It is known for integrating resources through innovation to deliver outstanding customer service.
“CGWIC has a strong reputation for delivering very sophisticated products and catering to complex after-sale service demands. They are well respected within the financial and insurance communities,” said McGeough. “It is a reputation well earned through thirty years of quality work with international and domestic partners. We also see a strong demand for Special Mission aircraft in China and CGWIC’s vast technical expertise and regional network will be instrumental in developing that market.”
Nextant currently has a global infrastructure of owned and operated service centers and the world’s largest rotable parts inventory for the BE40 series aircraft which includes the 400XT. CGWIC will lead the expansion of that service and support infrastructure in China.
“Nextant has been a pioneer in delivering new products with outstanding quality at significantly lower costs,” said Liu Lan, Senior Marketing Director of CGWIC. “As a company founded on the principles of innovation, technology and quality, we are proud to develop the Chinese market with Nextant. We believe our cooperation will provide more business travel solutions for Chinese customers.
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 and is supported by a global network of owned and authorized service centers. 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.
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Marketing Manager, Nextant Aerospace