News Release

TimeAir fleet continues to expand with addition of fourth Nextant 400XTi

Nextant Aerospace which makes the 400XTi, the world's only remanufactured business jet, announced today that TimeAir has added a fourth Nextant 400XTi aircraft to their fleet.

“TimeAir was the first customer to operate the 400XTi in Europe. They have built an exceptional business with the 400XTi as the foundation of their management and charter program,” stated Jay Heublein, executive vice president for Nextant Aerospace. “Martin Prazky, CEO of TimeAir, had the vision to recognize the value proposition that the 400XTi and the remanufactured aircraft model offers. Since taking delivery of their first 400XT in 2012, TimeAir has continued to expand their fleet and has been a key partner as the Nextant brand has grown in the European market,” Heublein continued.

“The 400XTi is an ideal aircraft for the European market,” stated Prazky. “The aircraft offers a great combination of cabin comfort, performance (range), and most importantly, operating economics. As a result of the exceptionally low operating costs, we are able to guarantee that our fixed costs associated with aircraft ownership are covered with the proceeds from charter utilization. The 400XTi has served us well in our business, and we look forward to the continued growth of this fleet for years to come.”