03 Jun Nextant Aerospace Announces End of Introductory Discount Price of Pro Line Fusion® on Challenger 604XT
With the success and progress of the program, only 10 installations remain available at the introductory price. August 1, 2018 marks the beginning of new market price.
CLEVELAND, OHIO, Monday June 25, 2018 – Nextant Aerospace, builders of the 400XTi and G90XT remanufactured aircraft, and Challenger 604XT upgrade, announced today that only 10 introductory offer rates remain for the Pro Line Fusion® cockpit upgrade on Challenger 604 airframes. The company is already selling and scheduling installs well into Q2 2019. “Progress continues in acquiring STC approval, the market recognizes the value in the product, and the performance results of the aircraft are above expectations,” stated Mark O’Donnell, Nextant Aerospace Executive Vice President. “We had the opportunity to work with Rockwell Collins in crafting a special introductory price, which is about a $50,000 discount. The customer interest has been phenomenal. As we deplete the initial inventory, we will then move to the new market price. At our current pace, we anticipate initial inventory to be sold out by the end of July.”
Since introducing the 604XT ProLine Fusion program at EBACE last summer, the aircraft has completed multiple flight segments and will maintain a steady flight test regiment for the remainder of the summer/fall as Nextant and Rockwell Collins continue towards expected STC approval later this year.
“Simply stated, the order book for installations is robust,” said O’Donnell. “We have sold all available slots this year with the expectation of completing 7 installations by year end. Q1 2019 slots are also filled so we are now booking into Q2 and beyond for operators who have decided that ProLine Fusion® is a no-brainer for meeting the 2020 ADS-B and FANS 1/A requirements.” O’Donnell follows on saying “with the impending obsolescence of the ProLine 4 displays coupled with the mandates, the demand for the remaining 2019 installation slots is very strong. For those who want to comply with the mandates, and see ProLine Fusion® as the right option for their operation, it’s a very realistic possibility that we may have to push some installations into 2020.”
About Nextant Aerospace
Nextant’s pioneering process for the remanufacturing of business jets is now recognized as an established technical and commercial success worldwide. Their first aircraft, the 400XTi, has posted sales of 70 aircraft in 13 countries. Building on that success, Nextant launched its first turboprop, the G90XT, and has now entered the large cabin category with the introduction of the 604XT. By utilizing advanced modernization techniques in the areas of avionics, power plant and structural/aerodynamic technology, Nextant offers best in class performance and comfort at a fraction of the cost of competitive aircraft.
Based in Cleveland, Ohio, Nextant is the recipient of the Laureate Award for leadership in the field of Business Aviation. For more information visit www.nextantaerospace.com, like us on Facebook, follow us on Twitter @nextantaero or join us on Linkedin.