Asia Pacific Jets order 10 Nextant 400XT jets

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Asia Pacific Jets has placed an order for 10 Nextant 400XT aircraft from Nextant Aerospace, in a deal worth close to $45 million.

Nextant 400XTAsia Pacific
Jets has placed an order for 10 Nextant 400XT aircraft from Cleveland-based Nextant Aerospace,
in a deal worth close to $45 million.

The Nextant
400XT (pictured), which made its debut at last week’s LABACE event in Brazil, is the world’s first FAA-certified “remanufactured business jet,”
and is considered to be a new type in the Aircraft Bluebook. It uses a
remanufactured Beechjet 400A/XP airframe,
enhanced with new technology and completely rebuilt interiors. 

“With more than 15 400XT aircraft now in operation across the globe, feedback from operators has been outstanding,” said Kenneth C. Ricci, CEO of Nextant Aerospace. “We are elated that the aircraft is performing so well for its owners, and look forward to introducing this groundbreaking aircraft to additional markets around the world.”

Nextant Aerospace announced that a portion of the orders will be outfitted as air ambulances, whilst the majority will be outfitted normally as executive business jets. All 10
business jets will be delivered over the next three years, with the first two aircraft expected before the end of 2012, to coincide with the opening of a new Singaporean base that Asia
Pacific Jets and AirMed Asia are launching as part of a new strategic partnership.

Asia Pacific
Jets will also act as a broker for the 400XT across Asia, whilst AirMed Asia, a subsidiary of AirMed International,
will coordinate maintenance and warranty support for Nextant Aerospace in the
region and will provide 400XT owners with post-delivery product support.

Jeffrey
Tolbert, CEO of AirMed International, said: “The Nextant
400XT will offer AirMed Asia and our partners at Asia Pacific Jets 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,” he added.

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