Nextant Also Announces Opening of New Service Centers in Chicago and Dallas, Expanding its Maintenance Network to Ten Locations

CLEVELAND, OHIO, October 10, 2011 – Nextant Aerospace, maker of the 400XT, the world’s first completely remanufactured business jet, today announced that it has entered into an agreement with Beechcraft Sales and Service GmbH (Beechcraft Augsburg) to open the first factory-approved service center in Europe for Nextant-manufactured aircraft. Nextant also announced that it has entered into agreements with Emery Air, Inc. to provide service for the 400XT in the Chicago area and with Jet Works Air Center to provide service in the Dallas area.

Schedule of events for Nextant's 400XT, The World's First Completley Remanufactured Business Jet.

CLEVELAND, OHIO and LAS VEGAS, NEVADA, October 7, 2011 – Nextant Aerospace, maker of the 400XT, the world’s first completely remanufactured business jet, today announced that it will display the 400XT at the 64th National Business Aviation Association (NBAA) Annual Meeting and Convention, taking place October 10-12, 2011 at the Las Vegas Convention Center. The company’s indoor exhibit will be located at booth number C13113 in the convention center; the aircraft’s static display position at Henderson Executive Airport is #28.

The World's First Completely Remanufactured Business Jet
Nextant’s 400XT Represents a New Aircraft at Half the Cost of Competing Models

CLEVELAND, OHIO, October 5, 2011 – Nextant Aerospace, which introduced the concept of remanufacturing to the business jet market, today announced that it has received Federal Aviation Administration (FAA) certification for its Nextant 400XT aircraft, the world’s first completely remanufactured business jet.

RICHMOND HEIGHTS, OHIO — May 16, 2011 – Nextant Aerospace, a pioneer in the field of aircraft remanufacturing, announced today that the Williams FJ44-3AP engine that will power the world’s first remanufactured business jet has received FAA certification.

RICHMOND HEIGHTS, OHIO — May 12, 2011 – Nextant Aerospace, a pioneer in the field of aircraft remanufacturing, announced today that it will unveil the first fully conforming production 400XT aircraft at the 11th Annual European Business Aviation Convention and Exhibition (EBACE) May 17-19, 2011 in Geneva, Switzerland. Demonstrating the future of aircraft design, Nextant Aerospace is committed to providing innovative, well-designed products that compete aggressively and effectively with current production aircraft.

RICHMOND HEIGHTS, OHIO — May 3, 2011 – Nextant Aerospace, a pioneer in the field of aircraft remanufacturing, announced the appointment of three business aviation veterans to oversee its field sales effort in the United States. Mark Whitman will have responsibility for the Southern U.S., Tom Chapman will oversee the Northeast and John Frevola will have responsibility for the Western U.S.

CLEVELAND, OHIO — April 26, 2011 – Nextant Aerospace, a pioneer in the field of aircraft remanufacturing, announced today that CAE has been chosen as the exclusive training provider for the Nextant 400XT aircraft.

RICHMOND HEIGHTS, OHIO — January 17, 2011 – Nextant Aerospace, a pioneer in the field of aircraft remanufacturing, has announced today that Jerry Bemis has been appointed vice president of manufacturing.

Successfully Completed Company R&D Flight Tests

RICHMOND HEIGHTS, OHIO — December 7, 2010 – Nextant Aerospace, a pioneer in the field of aircraft remanufacturing, has announced the completion of the Company R&D flight testing for the 400XT.

RICHMOND HEIGHTS, OHIO — December 1, 2010 – Nextant Aerospace, a pioneer in the field of aircraft remanufacturing, has announced today that Jay Heublein has been appointed Vice President of Sales and Marketing.