Nextant Aerospace is showing its 400XTi remanufactured light business jet for the first time at Singapore, while the company is also promoting its forthcoming G90XT remanufactured twin-turboprop. Based on the Beechjet 400A/XP and King Air C90, respectively, the 400XTi and 90XT offer performance and efficiencies that match or exceed those of comparable new-build aircraft, but at roughly half the price.
Cutter Aviation’s Phoenix facility has been selected by Beechcraft as an authorized service center (ASC) for the Beechjet/Hawker 400XP series. Cutter became an ASC for the King Air turboprop line and Beechcraft’s piston-powered Bonanza and Baron earlier this year. Cutter also holds ASC status for the Baron and Bonanza in Addison, Texas, and for the King Airs and piston aircraft at its Albuquerque, N.M. facility. Beechcraft is supporting its jet lines, even though they are out of production.
Beechcraft announced that Textron has agreed to acquire Beech Holdings, the parent of Beechcraft Corp., for approximately $1.4 billion in cash. Under the terms of the transaction, Textron will acquire the Hawker 4000 and Premier IA type certificates.
Textron and Beechcraft Corp. announced late yesterday that Textron has agreed to acquire Beech Holdings, LLC, the parent of Beechcraft Corp., for approximately $1.4 billion in cash. This confirms rumors swirling over the past few months.
Zurich, Switzerland-based AC Aviation Charter has opened a new office in Vienna, Austria. Three charter sales agents will be based in the new office in Vienna, and the team will be lead by Bernhard Wipfler. The company’s current charter management fleet consists of two Learjet 40s, three Falcon 900s and a Beechjet 400A, Citation XLS, Challenger 605 and Challenger 850 and GV.
Nextant Aerospace (Chalet B17) has big expectations for the Indian market for its 400XTi light jet and C90XT twin turboprop, which are respectively remanufactured Beechjet 400A/400XPs and King Air C90s. In fact, India has the largest entry-level jet fleet in Asia–17 percent of the $1.7 billion market–while deliveries in this segment have doubled over the past five years.
Buoyed by the recent 50-aircraft order to remanufacture the Hawker 400XP fleet of Travel Management Company and fresh from the launch of a new aircraft remanufacturing program, Nextant Aerospace (Chalet B17) has brought its 400XTi light business jet to Dubai to make its airshow debut in the Middle East.
The company’s XPR program provides performance upgrades for Hawker 400 and 800 series jets, with options for new avionics and upgraded engines. Purchase of an already upgraded Hawker 400XPR or 800XPR, at around half the price of a similar new aircraft, is another option for cost-conscious buyers.
Nextant Aerospace announced an order for up to 50 400XTis worth $202.5 million from Elkhart, Ind.-based aircraft charter firm Travel Management Company (TMC) yesterday at NBAA 2013. The agreement is for the conversion of TMC’s entire Hawker 400XP fleet. Deliveries to TMC begin next year and run through 2019.
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