SHANGHAI – The first Nextant 400XTi sold to a Chinese customer will be delivered later this year following the remanufactured business jet’s certification by the Civil Aviation Administration of China (CAAC) at the end of 2014. Nextant Aerospace was founded in 2007 to develop an aircraft modernization program. The result is the around-$5 million Nextant 400XTi, a “remanufactured” Beechjet 400A or 400XP that is in essence a new airplane with such major upgrades as ...

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