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.
After securing financing, Aviation Alliance is moving forward on its second aircraft remanufacturing program–a Gulfstream III conversion and modernization project dubbed FanStream. According to the company, the modified GIII “will be a like-new, Stage-3-compliant aircraft with a range approaching or exceeding 5,000 nautical miles.” It will feature new engines and a glass flight deck, as well as a new interior, electrical system updates and new paint. The company plans to announce details on the FanStream’s performance, pricing and availability “at a later date.”
Former Cessna chairman and CEO Jack Pelton is among a half-dozen veteran business and military aviation executives who have joined forces to offer remanufactured turbine-powered aircraft to the aviation and defense industries. The newly formed company, The Aviation Alliance, also announced its first business aviation offering yesterday: the Excalibur 421.
Nextant Aerospace founder and CEO Kenn Ricci said yesterday here at NBAA 2012 that his company will announce its next business jet remanufacturing program–dubbed “Project XXT”–in early January. It will be a midsize jet, he told AIN, with service entry scheduled for 2015. Ricci expects a mockup of the aircraft to be at the NBAA show next year, with first flight expected about 15 to 18 months from now.
Nextant Aerospace expects to deliver more than 30 remanufactured 400XTs by year-end, company CEO Ken Ricci said yesterday at EBACE. To date, the company has delivered 10 Nextant 400XTs, and it expects to financially break even on the program when it ships the 14th aircraft in about two months.
Business aviation entrepreneur Kenn Ricci has a unique perspective on the industry that to his diverse holdings that includes fractional provider Flight Options, maintenance firm Constant Aviation and aircraft remanufacturer Nextant Aerospace. To get his take on the state of the bizav industry, AIN sat down with him at the EBACE show, and he gave a fairly candid view.
Nextant Aerospace expects to deliver more than 30 of its 400XTs by the end of 2012, according to CEO Ken Ricci. At an EBACE show press conference yesterday, Ricci insisted that the U.S. company “remanufactures” Hawker Beechcraft 400A/XPs, rather than simply converting them. “That’s truly the difference between us and what Hawker Beechcraft has contracted Sierra Industries to do to create the 400XPR,” he declared.
Nextant Aerospace is delivering the tenth example of its Nextant 400XT here at EBACE 2012. The re-engined and cockpit-upgraded reworkings of Hawker Beechcraft’s Beechjet 400A are in demand on this of the Atlantic, according to the company.
With Williams FJ44-3AP certification finalized on May 12, the Nextant Aerospace 400XT is on course for full approval of its remanufactured Beechjet 400A/400XP this month. At press time, FAA officials were scheduled to wrap up their flight tests by the end of last month, and Nextant president James Miller said function and reliability testing is planned to be completed by June 15. This would pave the way for STC approval by June 30.
The first production-conforming Nextant Aerospace 400XT is making its public debut on the EBACE static display, just days after the type’s Williams FJ44-3AP engines received U.S. FAA technical standard order (TSO) approval.
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