Nextant Offers King Air, Adds More Hawker Conversions
Nextant Aerospace was among the busiest companies at NBAA with two major announcements that will keep the "remanufacturing" company busy for years to come. The company, which launched two years ago with a plan to retrofit Hawker 400 series aircraft, announced it will give the same nose-to-tail refurb treatment to legacy King Air 90 aircraft, re-engining them with new GE turboprops. The company also announced it signed a $202.5 million deal with Travel Management Company to convert up to 50 Hawker 400XP aircraft to the Nextant 400XTI.
The King Air conversion will use GE H80 engines that resulted from GE's purchase of Walter, a Czech company that produced the M601 turboprop used to power a number of Eastern bloc aircraft. GE bought the company as an entry to the light turboprop market dominated by Pratt & Whitney Canada with its ubiquitous PT6 line. The refurbished King Airs will sell for $2.2 million.