SaxonAir takes delivery of Nextant 400XTi
Nextant Aerospace has delivered the first 400XTi business jet to the UK. It will be the UK’s first remanufactured aircraft and will be operated by Norwich-based SaxonAir.
This aircraft is the seventh 400XTi delivered to Europe. The European 400XTi fleet is a strong revenue generator on the European charter market with the majority of the fleet operating in excess of 80-90 hours per month.
The aircraft can fly non-stop from London to any city in Europe.
Chris Mace, commercial director of SaxonAir Group, says: “The 400XTi’s range allows our customers direct travel anywhere in Europe for considerably less than any other light jet and without sacrificing performance or comfort.”
“The aircraft allows us to offer the productivity benefits of business aviation to whole new customer segments,” adds Mace.
Estimates suggest that the value of the overall remanufacturing industry in the UK is already £2.4 billion, with the potential to increase to £5.6 billion and to support thousands of new skilled jobs. Other benefits include reduced energy requirements, pollutant emissions, material use, and water consumption when compared to the manufacture of new products. The trend it global: in the US remanufacturing is a $50 billion industry, growing at 15 per cent per year.
Mace says: “There has been a lot of talk in Parliament and in the press about the benefits of remanufacturing. The 400XTi is proof of concept. The 400XTi performs like a new-build aircraft by every meaningful metric but costs a fraction as much to own and operate. That delivers value both to our business and our customer’s bottom line.”
Sean McGeough, president and CEO of Nextant Aerospace, says: “We are very pleased with the international acceptance of the 400XTi. By the end of this year, we will have delivered 50 aircraft to 10 countries and flown in excess of 50,000 flight hours. As the All-Party Parliamentary Sustainable Resource Group is calling for the increased adoption of remanufacturing in the UK, we hope Nextant can be a good example of how remanufacturing can create real value for operators, customers and the overall economy.”
In January 2013, Corporate Jet Investor had the opportunity to fly in a Nextant private jet:
SaxonAir is part of the Kyne Aviation Group and has created SaxonAir Aircraft Sales, a new aircraft sales division in the group.