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August 21, 2012

Nextant Aerospace and Asia Pacific Jets Introduce Nextant400XT to Asian Market

By Pardhasaradhi Gonuguntla

Cleveland, Ohio – Reported by Elite Traveler, the private jet lifestyle magazine

Nextant Aerospace recently announced an agreement for a brand-expanding order by Asia Pacific Jets for ten Nextant 400XT aircrafts, the world’s only FAA-certified remanufactured business jet, which marks Nextant 400XT’s expansion into the Asian market. The ten Nextant 400XT aircrafts will be delivered over a period of three years, which will include jets outfitted as 400XT air ambulances and normally outfitted 400XT business jet aircraft. Asia Pacific Jets will also serve as a sales agent in Asia for the 400XT, and has announced a new partnership with Hong Kong-based AirMed Asia, a subsidiary of AirMed International.

The first two of the ten-aircraft order will be delivered by the end of 2012, a timeframe aligned with the opening of a new Singaporean base that Asia Pacific Jets and AirMed Asia are launching later this year
through a strategic partnership. Utilizing its strong operational background, AirMed Asia will coordinate maintenance and warranty support for Nextant Aerospace in the region, providing 400XT owners with exceptional post-delivery product support.

“We are proud that Asia Pacific Jets has selected the Nextant 400XT, and to see the aircraft begin service on the Asian continent,” said Kenneth Ricci, chief executive officer of Nextant Aerospace. “With more than 15 400XT aircraft now in operation across the globe, feedback from operators has been outstanding. We are elated that the aircraft is performing so well for its owners, and look forward to introducing this groundbreaking aircraft, with its unprecedented combination of value and performance, to additional markets around the world.”

Jeffrey Tolbert, chief executive officer of AirMed International, added, “We know based on our extensive experience flying the Beechjet 400A/XP as an air ambulance that the aircraft provides great versatility for air medical services. The Nextant 400XT will offer AirMed Asia and our partners at Asia Pacific Jets everything we like about the Beechjet, and everything one would expect from a brand-new light jet, but at a fraction of the cost. This includes range that will enable nonstop flights from our Singapore base as far west as Mumbai, India, and as far north as Shanghai, China, along with the absolute lowest operating cost basis in its class.”

The Nextant 400XT uses a remanufactured Beechjet 400A/XP airframe that is enhanced with new, state of-the-art technology, including the Williams FJ44-3AP turbofan engine, the Rockwell Collins Pro Line 21-integrated avionics suite, advanced electronics that such as high-speed wireless Internet service, as well as completely rebuilt interiors.

The resulting aircraft has a 2,005 nautical mile range and cruising speed of 460 nautical miles per hour. It supports a remarkable 30-percent reduction in operating costs over the Beechjet 400A/XP, fuel efficiency improvements of up to 30 percent, depending on the length of the flight segment, significantly reduced carbon emissions and noise compliance that exceeds Stage IV requirements. The 400XT is available at a cost about half that of competing clean-sheet designs.

www.nextantaerospace.com

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