Fort Worth, TX - March 6, 2008 - Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced the recent sale to Global Vectra Helicorp Ltd. (GVHL) in Mumbai of two Bell 412s, increasing their fleet to 22 Bell 412s. GVHL continues to be one of the fastest growing helicopter operating companies in India.
CEO Allan Brown of GVHL, India's largest private helicopter operator, said, "The Bell 412 has a range/payload combination best adaptable to Indian offshore operational requirements. We were the first to introduce the Bell 412 helicopter to the offshore market in India and are today the largest player in offshore air logistics support to the oil and gas industry."
Today, with 20 Bell 412s flying on the east and west coasts of India, GVHL is serving some of the biggest names in India's oil exploration sector and their customers include ONGC, Reliance Industries, British Gas, Trans Ocean and Gujarat State. Brown confirmed that the 412 plays an integral part of GVHL strategy of keeping customers satisfied. This high level of customer satisfaction remains one of the major reasons that they continue to add Bell 412s to their fleet. GVHL is India's first aviation company to be certified for the ISO 9001-2000, 14001-2004 and OHSAS 18001-1999 standards by DNV.
Mr. Max Wiley, vice president Bell Helicopter Asia, stated, "We are proud to be a major part of the largest offshore operator's fleet in India. GVHL's confidence in our helicopters is reflected by maintaining the single largest fleet of Bell 412s in India."
Bell model 412 helicopter has become the preferred medium twin helicopter in the offshore oil industry because of its reliability, payload, single engine performance and safety record. This model has the lowest cost of operation of any helicopter in its class. The roomy and versatile 412 has a useful load of 5,039 lbs. (2,286kg) making it an excellent helicopter for offshore oil and gas support.
Additionally Bell is known for its strong customer support and has been rated number one by Professional Pilot magazine in customer support for 14 consecutive years.
About Bell Helicopter
Bell Helicopter is an industry-leading producer of commercial and military, manned and unmanned vertical lift aircraft and the pioneer of the revolutionary tilt rotor 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 $13.2 billion multi-industry company operating in 34 countries with approximately 44,000 employees. The company leverages its global network of aircraft, 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 Aircraft Company , Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron Systems and Textron Financial Corporation. More information is available at www.textron.com.
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