Nextant Aerospace, maker of the remanufactured Nextant 400XTi and the Nextant G90XT turboprop, has joined the Remanufacturing Industries Council (RIC).
The Remanufacturing Industries Council defines remanufacturing as “a comprehensive and rigorous industrial process by which a previously sold, worn, or non-functional product or component is returned to a ‘like-new’ or ‘better-than-new’ condition and warranted in performance level and quality.”
Remanufacturing is not the same as recycling nor is it a modification program. It produces products at a fraction of new-build cost and with significantly lower raw material consumption and greenhouse emissions, company officials explained.
Starting with some of the most popular and reliable airframes ever built, Nextant remanufacturing provides aerodynamic and engineering enhancements, state-of-the-art avionics and engines, advanced acoustic insulation, handcrafted interiors and custom exterior paint designs. The aircraft sell for roughly half the cost of new-build and produce significantly lower emissions to build and to operate, according to company officials.
“It is both exciting and formidable to be the first in your industry to try something with such game-changing potential,” said Nextant President & CEO Sean McGeough. “After two-and-a-half years of production, we’ve delivered aircraft to six continents, flown over 28,000 fleet hours and launched our second aircraft platform, the Nextant G90XT. Remanufacturing is a proven concept in other industries and now Nextant has proven the concept in business aviation.”
The RIC is an alliance of businesses and academic institutions that works across industry sectors to support the entire remanufacturing industry through a combination of collaboration, education, advocacy and research. In the US alone, this is a $50 billion industry with 180,000 workers and is growing at 15% per year. Membership in the council includes many leading original equipment manufacturers and practitioners of remanufacturing. For more information: RemanCouncil.org
For more information: NextantAerospace.com
Gosh, Ben, I sure hope the company succeeds and does well.
In my opinion, those who operate the business are on the RIGHT TRACK.
Ann