ARGUS Retained by Nextant Aerospace for Research Initiative

CINCINNATI, Ohio, October 17, 2013 /PRNewswire/ --

ARGUS International, Inc's Market Intelligence division has been retained by Nextant Aerospace to conduct research designed to validate their next product launch. After extensive internal analysis of their future aircraft platforms, Nextant specifically tasked ARGUS with reviewing the viability of the entry level market place.  

"We are very pleased Nextant Aerospace selected ARGUS Market Intelligence to conduct this research," said Shirley Mason, ARGUS International Senior Vice President. "ARGUS believes that Nextant has chosen a growth segment that will continue to thrive for the foreseeable future." She continued: "There are many advantages of an entry level aircraft as a solution for an experienced corporate operator or a new arrival to business aircraft use. This aircraft segment can access the maximum number of airports available and they command operating costs commensurate with their smaller size." This segment is positioned for growth in both the domestic and international markets and Nextant's successful track record in this space makes them uniquely qualified to further expand this category.

About Nextant Aerospace

Nextant Aerospace is recognized as the first company in the world to introduce aircraft remanufacturing to the business jet market. The Nextant 400XTi is a completely rebuilt Beechjet 400A/XP with Williams FJ44-3AP engines and the Rockwell Collins Pro Line 21™ integrated avionics suite. The new aircraft also has major aerodynamic enhancements and an improved engine mounting configuration with redesigned nacelles and pylons. The 400XTi is delivered with a two-year full-aircraft warranty and after-sales support provided by a global network of owned and authorized service centers. Founded in 2007, Nextant is based in Cleveland, Ohio. Nextant is a Directional Aviation Capital company. For more information, please visit http://www.nextantaerospace.com, like us on Facebook, follow us on Twitter @nextantaero or join us on LinkedIn.

About Market Intelligence

Market Intelligence, a division of ARGUS International, Inc. (ARGUS), provides valuable information to the aviation community for the purpose of accurate and confident decision making in determining market opportunity, market activity, market penetration strategy, and market development metrics. Products include TRAQPak Pro aircraft activity Market Intelligence program, TRAQPak FBO, Travel Assessments, CompAir, Aircraft Operating Cost reports, advisory services, and market research.

ARGUS is a specialized aviation services company with global expertise whose mission is to provide the aviation marketplace with the information needed to make informed decisions and manage risk. Founded in 1995, ARGUS is headquartered in Cincinnati, OH, and actively engaged with business activities in North America, Europe, Australia, Asia, South America and the Middle East and Africa.

ARGUS contact: Justin Roberts, +1-513-852-1010