- Nextant Aerospace participates in Jet Expo 2013 in Moscow this week
- After its launch in Russia this summer the company has sold two aircraft to Russian customers
- With greater range and comfort 400XTi has great potential for both domestic and European missions
MOSCOW, RUSSIA, September 10, 2013 – Nextant Aerospace (“Nextant”), maker of the Nextant 400XTi, the world’s only remanufactured business jet, announced this week that it will participate in the 8th International Business Aviation Show Jet Expo at Vnukovo-3 airport in Moscow, Russia, 12-14 September 2013. It will be the maiden voyage of the 400XTi to Russia. The aircraft retails at $4.95 million and takes the company’s passion for innovation and value to new heights, setting the standard for best-in-class performance, comfort and efficiency.
Nextant launched in Russia in June by appointing FortAero Baltic Business Aviation Alliance (“FortAero”) as the exclusive sales agent in Russia and CIS. At the same time the company has placed an initial order for two 400XTi’s. The first aircraft will be delivered in November 2013 followed by the second in January 2014. FortAero has more than 16 years of experience within the Russian and CIS business aviation market and will play a key role on defining Nextant’s sales, marketing and customer service strategy in the region.
Strong potential in Russia
“We see strong potential in Russia,” said Peter Walker, Nextant Vice President, EMEA and APAC, who is attending Jet Expo this week with Nextant’s President, Sean McGeough. “It is a young and expanding aviation market which understands the convenience of business aviation. Light cabin aircraft have traditionally struggled here due to limited range. This is not a problem for the Nextant 400XTi. With a 3,710 km (2,003 nm) range the aircraft can easily fly from Moscow to Novosibirsk, Almaty or Tashkent as well as to London, Barcelona or Cairo without refueling with the quietest and most comfortable cabin in its class.”
With a rapidly growing economy and the sixth largest GDP in the world, Russian government and business leaders are looking for time-efficient and cost-effective travel to Europe, the Middle East and within the Commonwealth. The Russia/CIS entry-level jet market is estimated to be 69 aircraft valued at $225 million and growing. However, the total Russia/CIS market, including aircraft owned by residents but registered abroad, is estimated to be at least three times this size.
Launched at EBACE this year, interest in the innovative 400XTi (“I” stands for “innovation”) has been strong across the globe. With its 3,710 km range the aircraft matches or outclasses the competition across a range of performance and financial metrics. The custom-appointed interior offers an extremely broad selection of the finest materials, handmade by skilled craftsmen. The composite interior shell delivers more space around the head and shoulders. The state-of-the-art acoustic package delivers by far the quietest cabin with an impressively low 76dB of ambient cabin noise. The club four seating area provides the ultimate space to work or relax with WIFI, a 67 x 50 cm VIP table and extended leg room.
After delivery, Nextant’s customers benefit from a global network of factory-owned and authorized service centers backed by the world’s biggest and most responsive parts inventory. This translates into short lead times, quick turnarounds and maximum dispatch reliability. Nextant’s powerful parts support infrastructure can quickly and effectively source factory-direct parts anywhere in the world, increasing aircraft availability, minimizing time-to-delivery and reducing costs.
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. The new aircraft 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 based in Cleveland, Ohio. 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 single 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 quickly to 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.
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