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Nextant Aerospace is a United States-based company specializing in the [[ |
'''Nextant Aerospace''' is a United States-based company specializing in the [[remanufacturing]] of business jets.<ref>The Economist, “Business Jets for an Austere Age,” October 5, 2011 [http://www.economist.com/blogs/gulliver/2011/10/nextant-aerospace].</ref> Founded in 2007, Nextant is the first company to introduce the concept of aircraft remanufacturing to the [[business jet]] market.<ref>The Economist, “Business Jets for an Austere Age,” October 5, 2011 [http://www.economist.com/blogs/gulliver/2011/10/nextant-aerospace].</ref> |
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== Nextant 400XT Aircraft == |
== Nextant 400XT Aircraft == |
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[[File: |
[[File:Nextant 400XT CFG.jpg|thumb|alt=Nextant 400XT on a Tarmac.|Nextant 400XT Exterior.]] |
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[[File: |
[[File:Nextant 400XT Cockpit.jpg|thumb|alt=Nextant 400XT and Cockpit.|Nextant 400XT Cockpit.]] |
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The company’s first product is the Nextant 400XT, a modified and modernized Beechjet [[ |
The company’s first product is the Nextant 400XT, a modified and modernized Beechjet [[Hawker 400|400A/XP]] that sells for approximately one-half the price of competing models with comparable features and specifications.<ref>JustLuxe, “Nextant 400XT | World’s First Fully Remanufactured Business Jet FAA-Certified,” October 6, 2011, accessed January 30, 2012 [http://www.justluxe.com/lifestyle/aircraft/feature-1653357.php].</ref> |
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The 400XT is equipped with 3,050-pound-thrust [[ |
The 400XT is equipped with 3,050-pound-thrust [[Williams International|Williams]] FJ44-3AP Full Authority Digital Engine Controls (FADEC) turbofan engines<ref>Flying Magazine, “Beyond Beechjet,” by Robert Goyer, published: September 12, 2011, accessed January 30, 2012 [http://www.flyingmag.com/aircraft/jets/beyond-beechjet].</ref> 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.<ref>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 [http://www.aopa.org/members/files/pilot/2011/october/turbine_neXT_beechjet.html].</ref> |
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The aircraft offers options such as several alternative seating configurations, a Rockwell Collins Venue cabin management system, entertainment equipment, LED lighting<ref> |
The aircraft offers options such as several alternative seating configurations, a Rockwell Collins Venue cabin management system, entertainment equipment, LED lighting<ref>Business Jet Traveler, Nextant 400XT, June 2011, accessed January 30, 2012 [http://www.bjtonline.com/business-jet-news/nextant-400xt]</ref> and Internet and satellite phone access.<ref>AIN Online, “Action Aviation Becomes Nextant 400XT Sales Agent,” November 14, 2011, accessed January 30, 2012 [http://www.ainonline.com/?q=aviation-news/dubai-air-show/2011-11-13/action-aviation-becomes-nextant-400xt-sales-agent].</ref> |
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The remanufacturing process results in an aircraft with a 460-knot per hour (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.<ref>Flight Global, “Nextant ready to deliver 400XT twinjets to Flight Options,” October 8, 2011, accessed January 30, 2012 [http://www.flightglobal.com/news/articles/nextant-ready-to-deliver-400xt-twinjets-to-flight-options-363056/].</ref> Compared to the Beechcraft 400A, the upgrade increases range by 50 percent, improves fuel efficiency by 32 percent,<ref>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 [http://www.aopa.org/members/files/pilot/2011/october/turbine_neXT_beechjet.html]. |
The remanufacturing process results in an aircraft with a 460-knot per hour (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.<ref>Flight Global, “Nextant ready to deliver 400XT twinjets to Flight Options,” October 8, 2011, accessed January 30, 2012 [http://www.flightglobal.com/news/articles/nextant-ready-to-deliver-400xt-twinjets-to-flight-options-363056/].</ref> Compared to the Beechcraft 400A, the upgrade increases range by 50 percent, improves fuel efficiency by 32 percent,<ref>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 [http://www.aopa.org/members/files/pilot/2011/october/turbine_neXT_beechjet.html].</ref> reduces climb times by one-third and reduces operating costs by 29 percent.<ref>Business Jet Traveler, Nextant 400XT, June 2011, accessed January 30, 2012 [http://www.bjtonline.com/business-jet-news/nextant-400xt].</ref> Noise compliance exceeds Stage IV requirements.<ref>Nextant news release, “Nextant Aerospace Launches iPhone App for the Nextant 400XT,” issued December 8, 2011, accessed January 30, 2012 [http://www.reuters.com/article/2011/12/08/idUS160065+08-Dec-2011+BW20111208].</ref> |
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| ⚫ | The 400XT made its first test flight in March 2010.<ref>Business Jet Traveler, Nextant 400XT, June 2011, accessed January 30, 2012 [http://www.bjtonline.com/business-jet-news/nextant-400xt].</ref> Receipt of final certification from the [[FAA|Federal Aviation Administration]] (FAA) was announced in October 2011.<ref>Crain’s Cleveland Business, “Nextant Aerospace receives FAA certification for its Nextant 400XT aircraft” October 5, 2011, accessed January 30, 2012 [http://www.crainscleveland.com/article/20111005/FREE/111009943].</ref> Deliveries of the Nextant 400XT began that same month, with initial deliveries of a 40-aircraft,<ref>Flight Global, “Nextant ready to deliver 400XT twinjets to Flight Options,” October 8, 2011, accessed January 30, 2012 [http://www.flightglobal.com/news/articles/nextant-ready-to-deliver-400xt-twinjets-to-flight-options-363056/].</ref> $150 million order to private aviation company Flight Options LLC.<ref>Business Jet Traveler, Nextant 400XT, June 2011, accessed January 30, 2012 [http://www.bjtonline.com/business-jet-news/nextant-400xt].</ref> |
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The 400XT made its first test flight in March 2010.<ref>Business Jet Traveler, Nextant 400XT, June 2011, accessed January 30, 2012 [http://www.bjtonline.com/business-jet-news/nextant-400xt].</ref> Receipt of final certification from the [[FAA|Federal Aviation Administration]] (FAA) was announced in October 2011.<ref>Crain’s Cleveland Business, “Nextant Aerospace receives FAA certification for its Nextant 400XT aircraft” October 5, 2011, accessed January 30, 2012 [http://www.crainscleveland.com/article/20111005/FREE/111009943].</ref> Deliveries of the Nextant 400XT began that same month, with initial deliveries of a 40-aircraft,<ref>Flight Global, “Nextant ready to deliver 400XT twinjets to Flight Options,” October 8, 2011, accessed January 30, 2012 [http://www.flightglobal.com/news/articles/nextant-ready-to-deliver-400xt-twinjets-to-flight-options-363056/].</ref> $150 million order to private aviation company Flight Options LLC.<ref>Business Jet Traveler, Nextant 400XT, June 2011, accessed January 30, 2012 [http://www.bjtonline.com/business-jet-news/nextant-400xt].</ref> |
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== Remanufacturing Process == |
== Remanufacturing Process == |
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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.<ref>Business Jet Traveler, Nextant 400XT, June 2011, accessed January 30, 2012 [http://www.bjtonline.com/business-jet-news/nextant-400xt].</ref> |
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.<ref>Business Jet Traveler, Nextant 400XT, June 2011, accessed January 30, 2012 [http://www.bjtonline.com/business-jet-news/nextant-400xt].</ref> |
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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 [[ |
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.,<ref>AVWeb, “Nextant 400XT: “New” At Half The Cost Of New,” by Russ Niles, October 11, 2011, accessed January 30, 2012 [http://www.avweb.com/news/nbaa/NBAA2011_Nextant400XT_205552-1.html].</ref><ref>Flight Global, “Nextant ready to deliver 400XT twinjets to Flight Options,” October 8, 2011, accessed January 30, 2012 [http://www.flightglobal.com/news/articles/nextant-ready-to-deliver-400xt-twinjets-to-flight-options-363056/].</ref> Consequently, the 400XT is considered to be a new type in the Aircraft Bluebook.<ref>AIN Online, “Action Aviation Becomes Nextant 400XT Sales Agent,” November 14, 2011, accessed January 30, 2012 [http://www.ainonline.com/?q=aviation-news/dubai-air-show/2011-11-13/action-aviation-becomes-nextant-400xt-sales-agent].</ref> |
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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|Augsburg, Germany]].<ref>Flight Global, “Nextant ready to deliver 400XT twinjets to Flight Options,” October 8, 2011, accessed January 30, 2012 [http://www.flightglobal.com/news/articles/nextant-ready-to-deliver-400xt-twinjets-to-flight-options-363056/].</ref> |
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|Augsburg, Germany]].,<ref>Flight Global, “Nextant ready to deliver 400XT twinjets to Flight Options,” October 8, 2011, accessed January 30, 2012 [http://www.flightglobal.com/news/articles/nextant-ready-to-deliver-400xt-twinjets-to-flight-options-363056/].</ref><ref>Crain’s Cleveland Business, “Nextant Aerospace to open first European service center” October 5, 2011, accessed January 30, 2012 [http://www.crainscleveland.com/apps/pbcs.dll/article?AID=/20111010/FREE/111019985].</ref> |
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== Nextant Management == |
== Nextant Management == |
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Nextant was founded in 2007 by aviation entrepreneur [[ |
Nextant was founded in 2007 by aviation entrepreneur [[Kenn Ricci|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.<ref>Kenneth Ricci biography, Resilience Capital Partners, accessed December 20, 2011 [http://www.resiliencecapital.com/team/Kenn-Ricci/index.php].</ref> Ricci also serves as chairman of Flight Options, LLC, the second-largest private aviation company in the U.S.<ref>AIN Online, “Flight Options Flying Higher,” February 16, 2012, accessed February 28, 2012 [http://www.ainonline.com/node/102650].</ref> |
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[http://www.nextantaerospace.com/ Nextant Aerospace Web site] |
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[http://www.directionalaviation.com/ Directional Aviation Capital Web site] |
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| ⚫ | * [http://www.nextantaerospace.com/ Nextant Aerospace Web site] |
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| ⚫ | * [http://www.directionalaviation.com/ Directional Aviation Capital Web site] |
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== References == |
== References == |
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{{reflist}} |
{{reflist}} |
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{{Uncategorized|date=March 2012}} |
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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]
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 per hour (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]
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 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]
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