Nextant Aerospace Announces Accelerated Delivery for 400NEXT

Adds Rockwell Collins Venue™ Cabin Management System to List of Available Options

RICHMOND HEIGHTS, OHIO — September 30th, 2008 – Nextant Aerospace announced today that it will accelerate deliveries of the Nextant 400NEXT to the first quarter of 2010.  In addition Nextant intends to add the Rockwell Collins Venue™ High Definition Cabin Management System to the list of options available as part of the 400NEXT program. The ability to shorten delivery times for 400NXT orders is due in part to shorter lead times for key components as part of the development of the 400NXT program.  “We are extremely pleased to announce the shortened delivery time for both the serialized production and retrofit 400NXT programs.  The interest we have received in the program has been great and we are excited to be able to deliver the product sooner than planned to our customers. ” said Kenn Ricci, CEO of Nextant Aerospace.

Due to customer demand Nextant intends to add the Rockwell Collins Venue Cabin Management System to the list of available options for the 400NXT.  The 400NXT program already includes the Rockwell Collins Pro Line 21™ Flight Deck.

The Nextant 400NXT is designed to overcome significant limitations to the popular Hawker Beechjet 400A/400XP.  By replacing the existing out dated Pratt & Whitney JT15D engines with the new modern fuel efficient Williams International FJ44-3AP computer controlled engines and incorporating the new Rockwell Collins Proline 21 avionics suite, the range of the 400NXT will be increased from 1180 nautical miles to over 2000 nautical miles (4 passenger, NBAA IFR range).  In addition to a 27% reduction in operating costs based on fuel savings alone.

The 400NXT will be offered as a remanufactured serialized production aircraft as well as a modification retrofit program.  The fully modified 400NXT will sell for under $5.0 million and will be available with various cabin configurations and entertainment options.

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About Nextant Aerospace
Nextant Aerospace was formed for the primary purpose of developing an aircraft modernization program and operates two full-service corporate aircraft maintenance and overhaul facilities located across the United States.  The service center network has locations at Cleveland Hopkins International Airport (CLE) and Birmingham Alabama International Airport (BHM).  For more information, please visit .

About Williams International
Williams International is the world leader in small turbine engines and customer support, with headquarters in Walled Lake, Michigan, and a design-to-production facility in Ogden, Utah.  For more information about the company, its products, and support, please visit .

For more information:
Nextant Aerospace
Aimee Dalton
355 Richmond Rd.
Richmond Heights, OH  44143
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