Nextant names China Great Wall Industry Corp as exclusive sales agent in China
Nextant Aerospace has appointed the China Great Wall Industry Corporation (CGWIC) as exclusive sales agent for the Greater China Region.
The company also announced an initial order of 18 Nextant aircraft (three firm with 15 options) worth $89 million is to be delivered over the next 24 months, starting later this year.
The aircraft will be a mix of business and special mission configurations. CGWIC will also play a role in establishing the Nextant service, support and parts distribution in China.
“There could not be a better partner for us in China,” said Nextant Aerospace president Sean McGeough. “CGWIC’s knowledge of the Chinese aerospace market, existing vast national infrastructure and long experience working with Western organizations is unsurpassed. They also have the resources and long-term focus required to assure safe, stable and high quality service for decades to come. The initial order of 18 Nextant aircraft is a strong sign of commitment from CGWIC.”
CGWIC was one of the first Chinese companies to work with Western business partners and has been a key part of the development of China’s aviation industry.
“CGWIC has a strong reputation for delivering very sophisticated products and catering to complex after-sale service demands. They are well respected within the financial and insurance communities,” said McGeough. “It is a reputation well earned through thirty years of quality work with international and domestic partners. We also see a strong demand for Special Mission aircraft in China and CGWIC’s vast technical expertise and regional network will be instrumental in developing that market.”
“Nextant has been a pioneer in delivering new products with outstanding quality at significantly lower costs,” said Liu Lan, senior marketing director of CGWIC. “As a company founded on the principles of innovation, technology and quality, we are proud to develop the Chinese market with Nextant. We believe our cooperation will provide more business travel solutions for Chinese customers.”