Bell Teams Up with Sumitomo Corporation and Japan Airlines to Explore Air Mobility

February 11, 2020

Bringing together a comprehensive set of partners with complementary capabilities to unlock the future of transport

Fort Worth, Texas (February 11, 2020) – Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced a signed memorandum of understanding today with Sumitomo Corporation and Japan Airlines Co., Ltd., to explore Mobility-as-a-Service (MaaS) and to foster the required infrastructure and regulatory environment. This collaboration will inform the development of an on-demand air mobility ecosystem utilizing Bell’s air mobility solutions including Bell’s Air Taxi, the Nexus 4EX, in Japan.

“We are excited to take this substantial step to bring together an international airline, a major infrastructure provider, and a VTOL OEM to work collaboratively on a more connected mobility future.” said Bell’s Scott Drennan, Vice President of Innovation. “While we are known for our 80 years of creating vertical lift aircraft that move people, goods, and data, we also want to help shape the operational infrastructure in which they will live.”

Sumitomo is a 100-year-old global enterprise based in Japan focused on enriching lives and the world. Sumitomo is working to leverage their broad business portfolio spanning metal products, transportation & construction systems, infrastructure, media & digital, living related & real estate, and mineral resources, energy, and chemicals to support the development of the necessary infrastructure and business use cases for air mobility. ”We have been inspired by Bell’s vision and their capability of penetrating into this urban air mobility market,” said Eiji Ishida, Sumitomo’s Executive Officer of Lease, Ship & Aerospace Business Division. “All three companies bring a unique perspective, and we are excited to work together toward this new future.”

Japan Airlines (JAL) is a globally respected, international airline delivering Japanese hospitality worldwide by conducting numerous operations centering on the air transport business and improving customer’s convenience. Tomohiro Nishihata, Japan Airlines’ Managing Executive Officer of Innovation stated, “Japan Airlines is eager to explore the future of air travel beyond its existing framework, and we believe this is the right team to set the standard in Japan for future cities to implement urban air mobility systems.”

Together, these companies will develop policy and planning recommendations, identify entry into service use cases and pilot programs, and develop infrastructure requirements that integrate into both current and future transportation systems and city standards to provide safe, accessible and sustainable multi-modal transportation system to our communities.

###

Press Contact
Bell
Felicia Votta
+1-817-280-3936
mediarelations@bellflight.com
Bell Newsroom

Japan Airlines
+81-3-5460-3105
mediarelations.hdq@jal.com

Sumitomo
Mr. Arai or Mr. Nakamura
+81-3-6285-3100

ABOUT BELL

Thinking above and beyond is what we do. For more than 80 years, we’ve been reimagining the experience of flight – and where it can take us.

We are pioneers. We were the first to break the sound barrier and to certify a commercial helicopter. We were a part of NASA’s first lunar mission and brought advanced tiltrotor systems to market. Today, we’re defining the future of on-demand mobility.

Headquartered in Fort Worth, Texas – as a wholly-owned subsidiary of Textron Inc., – we have strategic locations around the globe. And with nearly one quarter of our workforce having served, helping our military achieve their missions is a passion of ours.

Above all, our breakthrough innovations deliver exceptional experiences to our customers. Efficiently. Reliably. And always, with safety at the forefront.

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, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, 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,  the efficacy of research and development investments to develop new products or unanticipated expenses or delays in connection with the launching of significant new products or programs; the timing of our new product launches or certifications of our new aircraft products; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; and performance issues with key suppliers, subcontractors or business partners.

ABOUT SUMITOMO CORPORATION

Sumitomo Corporation (“SC”) is a leading Fortune 500 global trading and business investment company with 132 locations (Japan: 22, Overseas: 110) in 66 countries and regions. The entire SC Group consists of more than 900 companies. SC conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in companies to promote greater growth potential. SC’s core business areas include Metal Products, Transportation and Construction Systems, Infrastructure, Media and Digital, Living Related and Real Estate, Mineral Resources, Energy, and Chemical and Electronics.

ABOUT JAPAN AIRLINES

Japan Airlines (JAL) was founded in 1951 and became the first international airline in Japan. A member of the oneworld® alliance, the airline now reaches 405 airports in 66 countries and regions together with its codeshare partners with a modern fleet of 238 aircraft. Awarded as one of the most punctual major international airlines and a certified 5-Star Airline by Skytrax, JAL is committed to providing customers with the highest levels of flight safety and quality in every aspect of its service and aims to become one of the most preferred and valued airlines in the world.

Connect with Textron IR

Eric Salander, Vice President, Investor Relations
(401) 457-2288
Cameron Vollmuth, Manager,
Investor Relations (401) 457-2288

Email Alert

Enter your Email *
Mailing Lists *





 
Enter the code shown above.