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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 [[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> |
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]]. |
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 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 (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]
