CINCINNATI, Ohio, Oct. 18, 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.