Bell Helicopter and Beijing Yugao Aviation Sign Purchase Agreement Bell 429 at ABACE
Shanghai, China (April 12, 2017) – Bell Helicopter, a Textron Inc. (NYSE: TXT) company, and Beijing Yugao Aviation Group (YGA), announced today a signed purchase agreement for a Bell 429 during the Asian Business Aviation Conference & Exhibition (ABACE). This is the customer’s first aircraft and will be used for Helicopter Emergency Medical Service (HEMS) and search and rescue transport.
Established in 2007, YGA is a general aviation business group in China committed to providing customers with comprehensive, professional and efficient services including leasing, sales, flight training and airport management.
“Following the announcement of our first-ever HEMS Bell 429 delivery to China, we are thrilledBeijing Yugao Aviation has selected this incredible aircraft to serve life-saving missions throughout the region,” said Patrick Moulay, executive vice president, Global Commercial Sales and Marketing. “Beijing Yugao Aviation is eager to begin operating the Bell 429, and we look forward to supporting their missions and continuing to expand our presence in the HEMS segment in China.”
The Bell 429 is the only light twin-engine helicopter on the market with true two-litter capability, featuring enough cabin space for two medical attendants and two crew members. The Bell 429 also offers exceptional flight performance with a fully integrated glass cockpit, advanced drive system and best-in-class SBAS navigation and Instrument Flight Rules (IFR) capability. It is the first helicopter certified through the MSG-3 process, resulting in reduced maintenance costs for operators. The Bell 429 also features a spacious cabin and extra-large 60 inch side doors, as well as IFR capability certified for single or dual pilot operations.
The Bell 429 is backed by Bell Helicopter's renowned customer support and service, voted No. 1 for 23 years running by Professional Pilot magazine. Bell Helicopter is committed to having resources where customers operate to speed up delivery of suport, and gives customers access to service professionals that are easy to reach, know the operating environment and understand their needs.
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About Bell Helicopter
Bell Helicopter, a wholly owned subsidiary of Textron Inc., is an industry-leading producer of commercial and military, manned and unmanned vertical-lift aircraft and the pioneer of the revolutionary tiltrotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell's global workforce serves customers flying Bell aircraft in more than 120 countries.
About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Textron Off Road, Textron Systems, and TRU Simulation + Training. For more information visit: www.textron.com.
Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, changes in aircraft delivery schedules or cancellations or deferrals of letters of intent and/or orders; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; volatility in interest rates or foreign exchange rates; risks related to our international business, including relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business, including in emerging market countries; and continued demand softness or volatility in the markets in which we do business.