Introduction of the Nextant 400XT Business Jet to the Latin American Market
CLEVELAND, OHIO and SÃO PAULO, BRAZIL, August 14, 2012 – Nextant Aerospace today announced that it will display the Nextant 400XT aircraft, the world’s only FAA-certified remanufactured business jet, at the 9th Annual Latin American Business Aviation Convention and Exhibition (LABACE) in São Paulo, Brazil, August 15-17, 2012. The exhibition at LABACE, the world’s second-largest business aviation convention, represents the debut of the 400XT in the Latin American market.
The 400XT, which saw its first deliveries in October 2011, uses a remanufactured Beechjet 400A/XP airframe that is enhanced with new, state-of-the-art technology. The 400XT has a range of 2,005 nautical miles (3,713 km) with two pilots, four passengers and IFR Reserves, allowing nonstop flights from São Paulo to such destinations as Buenos Aires, Argentina; Lima, Peru; and Santiago, Chile. Flights originating in more northerly locales, such as Bogota, Columbia and Caracas, Venezuela, can also reach North American destinations nonstop.
“We are proud to introduce the Nextant 400XT to Latin America, a market with tremendous potential,” said Kenneth C. Ricci, chief executive officer of Nextant Aerospace. “Latin America’s fast-growing nations, increasing global economic integration and affluent, sophisticated travelers make it a natural market for a plane with the capabilities of the 400XT, which already is seeing 40 percent of its sales to buyers outside of North America.”
The Nextant 400XT’s advances include the Williams FJ44-3AP turbofan engine, the Rockwell Collins Pro Line 21™ integrated avionics suite, advanced electronics, including high-speed wireless Internet service and complete custom interiors, all at a cost about half that of competing “clean-sheet” designs.
The resulting aircraft has a cruising speed of 460 nautical miles per hour (740 km per hour). It supports a remarkable 30 percent reduction in operating costs over the Beechjet 400 A/XP, fuel efficiency improvements of 20-30 percent, depending on the length of the flight segment, significantly reduced carbon emissions and noise compliance that exceeds Stage IV requirements.
Nextant began production of the aircraft in late 2011, and will deliver unit 16 to a retail customer later this month. A just-completed expansion of Nextant’s manufacturing facilities will enable it to support a production rate of up to 48 aircraft per year by the end of 2013.
LABACE will be held at São Paulo’s Congonhas Airport. More information is available via the show’s website at www.abag.org.br/labace2012.
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, like us on Facebook, follow us on Twitter @nextantaero or join us on LinkedIn.
Jay Heublein, Vice President, Sales and Marketing
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