AIRSHOW-After the low-cost airline, the poor man's private jet

Thu Nov 21, 2013 6:39am EST
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* U.S. firm offers "re-manufactured" business jets

* Refurbished Beechcraft sold as new for $5 mln

* Move contrasts with luxury mood of Dubai Airshow

* Business jet deliveries seen recovering after slump

By Nadia Saleem

DUBAI, Nov 21 (Reuters) - The Dubai Airshow produced a harvest of deals for the world's biggest and flashiest jets this week, but for those unable to afford a $400-million A380 superjumbo there is always an alternative - the poor man's private jet.

Making its debut on the tarmac at the Middle East's largest aerospace event was what its supplier calls the world's first "re-manufactured" business jet, designed for VIPs on a budget.

Ohio-based Nextant Aerospace takes small business jets that may be 10-20 years old and near retirement, rips them apart and re-sells them with new avionics, engines and interiors.

"We're solving the problem of the industry," Nextant's president Sean McGeough said in front of a rebuilt Beechjet 400, gutted and offered for sale "as new" at some $5 million.   Continued...