Nextant Aerospace

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Nextant Aerospace is a United States-based company specializing in the remanufacturing of business jets.[1] Founded in 2007, Nextant is the first company to introduce the concept of aircraft remanufacturing to the business jet market.[2]

Nextant 400XT Aircraft[edit]

Nextant 400XT on a Tarmac.
Nextant 400XT Exterior.

The company’s first product is the Nextant 400XT, a modified and modernized Beechjet 400A/XP that sells for approximately one-half the price of competing models with comparable features and specifications.[3]

The 400XT is equipped with 3,050-pound-thrust Williams FJ44-3AP Full Authority Digital Engine Controls (FADEC) turbofan engines[4] and a Rockwell Collins Pro Line 21™ integrated avionics suite. It also has multiple aerodynamic and airframe enhancements including a streamlined, conically lofted engine cowling along with a newly designed engine beam and mounting system that is significantly stronger when compared to the original installation.[5]

The aircraft offers options such as several alternative seating configurations, a Rockwell Collins Venue cabin management system, entertainment equipment, LED lighting[6] and Internet and satellite phone access.[7]

The remanufacturing process results in an aircraft with a 460 knot (850 kilometers per hour) cruising speed and a National Business Aviation Association (NBAA) IFR range of 2,005 nautical miles (3,713 kilometers) with four passengers.[8] Compared to the Beechcraft 400A, the upgrade increases range by 50 percent, improves fuel efficiency by 32 percent,[9] reduces climb times by one-third and reduces operating costs by 29 percent.[10] Noise compliance exceeds Stage IV requirements.[11]

The 400XT made its first test flight in March 2010.[12] Receipt of final certification from the Federal Aviation Administration (FAA) was announced in October 2011.[13] Deliveries of the Nextant 400XT began that same month, with initial deliveries of a 40-aircraft,[14] $150 million order to private aviation company Flight Options LLC.[15]

Remanufacturing Process[edit]

Nextant’s aircraft remanufacturing program is distinguished from ones focused on the refurbishment or replacement of engines or other components by a factory-based, standardized process designed for serialized production.[16]

The 6,000 man-hour remanufacturing process takes all life-limited components to zero-time status, either through replacement or overhaul, resulting in a plane that is 88 percent new. The airframe itself, which is not life-limited, is the only significant remaining part.,[17][18] Consequently, the 400XT is considered to be a new type in the Aircraft Bluebook.[19]

As a result of the remanufacturing process, Nextant offers buyers of the 400XT a two-year whole aircraft warranty, pilot training with a uniform training curriculum and Level D full-flight simulator and a service network that includes nine centers in the U.S. and a tenth facility in Augsburg, Germany.[20][21]

Nextant Management[edit]

Nextant was founded in 2007 by aviation entrepreneur Kenneth C. “Kenn” Ricci, who serves as the company’s chief executive officer. Ricci also is a principal of Directional Aviation Capital, a private investment firm which is solely focused on aviation investments.[22] Ricci also serves as chairman of Flight Options, LLC, the second-largest private aviation company in the U.S.[23]

External links[edit]

References[edit]

  1. ^ The Economist, “Business Jets for an Austere Age,” October 5, 2011 [1].
  2. ^ The Economist, “Business Jets for an Austere Age,” October 5, 2011 [2].
  3. ^ JustLuxe, “Nextant 400XT | World’s First Fully Remanufactured Business Jet FAA-Certified,” October 6, 2011, accessed January 30, 2012 [3].
  4. ^ Flying Magazine, “Beyond Beechjet,” by Robert Goyer, published: September 12, 2011, accessed January 30, 2012 [4].
  5. ^ AOPA Pilot Magazine, “The NeXT Beechjet: New power, panel, and pylon remains for the ‘old’ Beechjet,” by Thomas A. Horne, October 2011, accessed February 7, 2012 [5].
  6. ^ Business Jet Traveler, Nextant 400XT, June 2011, accessed January 30, 2012 [6]
  7. ^ AIN Online, “Action Aviation Becomes Nextant 400XT Sales Agent,” November 14, 2011, accessed January 30, 2012 [7].
  8. ^ Flight Global, “Nextant ready to deliver 400XT twinjets to Flight Options,” October 8, 2011, accessed January 30, 2012 [8].
  9. ^ AOPA Pilot Magazine, “The NeXT Beechjet: New power, panel, and pylon remains for the ‘old’ Beechjet,” by Thomas A. Horne, October 2011, accessed January 30, 2012 [9].
  10. ^ Business Jet Traveler, Nextant 400XT, June 2011, accessed January 30, 2012 [10].
  11. ^ Nextant news release, “Nextant Aerospace Launches iPhone App for the Nextant 400XT,” issued December 8, 2011, accessed January 30, 2012 [11].
  12. ^ Business Jet Traveler, Nextant 400XT, June 2011, accessed January 30, 2012 [12].
  13. ^ Crain’s Cleveland Business, “Nextant Aerospace receives FAA certification for its Nextant 400XT aircraft” October 5, 2011, accessed January 30, 2012 [13].
  14. ^ Flight Global, “Nextant ready to deliver 400XT twinjets to Flight Options,” October 8, 2011, accessed January 30, 2012 [14].
  15. ^ Business Jet Traveler, Nextant 400XT, June 2011, accessed January 30, 2012 [15].
  16. ^ Business Jet Traveler, Nextant 400XT, June 2011, accessed January 30, 2012 [16].
  17. ^ AVWeb, “Nextant 400XT: “New” At Half The Cost Of New,” by Russ Niles, October 11, 2011, accessed January 30, 2012 [17].
  18. ^ Flight Global, “Nextant ready to deliver 400XT twinjets to Flight Options,” October 8, 2011, accessed January 30, 2012 [18].
  19. ^ AIN Online, “Action Aviation Becomes Nextant 400XT Sales Agent,” November 14, 2011, accessed January 30, 2012 [19].
  20. ^ Flight Global, “Nextant ready to deliver 400XT twinjets to Flight Options,” October 8, 2011, accessed January 30, 2012 [20].
  21. ^ Crain’s Cleveland Business, “Nextant Aerospace to open first European service center” October 5, 2011, accessed January 30, 2012 [21].
  22. ^ Kenneth Ricci biography, Resilience Capital Partners, accessed December 20, 2011 [22].
  23. ^ AIN Online, “Flight Options Flying Higher,” February 16, 2012, accessed February 28, 2012 [23].