Nextant Scores $202M Order for 50 400XTis | Aviation International News

Nextant Scores $202M Order for 50 400XTis

By Chad Trautvetter • Online Editor

October 24, 2013

Nextant Aerospace announced an order for up to 50 400XTis worth $202.5 million from Elkhart, Ind.-based aircraft charter firm Travel Management Company (TMC) yesterday at NBAA 2013. The agreement is for the conversion of TMC’s entire Hawker 400XP fleet. Deliveries to TMC begin next year and run through 2019.

With this latest order, Nextant now has firm commitments to convert more than 100 Beechjet 400A/XPs, which represents approximately 20 percent of the in-service fleet. By reaching this 20-percent level, “The market is approaching a tipping point where remanufacturing is now the accepted long-term solution for competitive performance and value,” noted Nextant president Sean McGeough.

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