Press Release

Issued by Nextant Aerospace.

June 25, 2018

Nextant Aerospace, builders of the 400XTi and G90XT remanufactured aircraft and Challenger 604XT upgrade, announced today that only 10 introductory offer rates remain for the Pro Line Fusion cockpit upgrade on Challenger 604 airframes. The company is already selling and scheduling installs well into Q2 2019. “Progress continues in acquiring STC approval, the market recognizes the value in the product, and the performance results of the aircraft are above expectations,” stated Mark O’Donnell, Nextant Aerospace executive vice president. “We had the opportunity to work with Rockwell Collins in crafting a special introductory price, which is about a $50,000 discount. The customer interest has been phenomenal. As we deplete the initial inventory, we will then move to the new market price. At our current pace, we anticipate initial inventory to be sold out by the end of July.”

Since introducing the 604XT ProLine Fusion program at EBACE last summer, the aircraft has completed multiple flight segments and will maintain a steady flight test regiment for the remainder of the summer/fall as Nextant and Rockwell Collins continue towards expected STC approval later this year.

“Simply stated, the order book for installations is robust,” said O’Donnell. “We have sold all available slots this year with the expectation of completing seven installations by year end. Q1 2019 slots are also filled so we are now booking into Q2 and beyond for operators who have decided that ProLine Fusion is a no-brainer for meeting the 2020 ADS-B and FANS 1/A requirements.”

O’Donnell follows on saying, “with the impending obsolescence of the ProLine 4 displays coupled with the mandates, the demand for the remaining 2019 installation slots is very strong. For those who want to comply with the mandates, and see ProLine Fusion as the right option for their operation, it’s a very realistic possibility that we may have to push some installations into 2020.”