Eurocopter Announces the Sale of 15 Helicopters

(November 4, 2008) -- Eurocopter and its subsidiary in China sign for 10 EC155 B1s with Citic Offshore Helicopter (COHC), the main offshore operator and 5 AS350B3s with Allyway to be employed for aerial works and utility missions. COHC is one of Eurocopter's long-standing customers in China and this deal for 10 EC155 B1s shows proof of its continued confidence in the company's products. The additional fleet of Dauphins will further strengthen COHC's fleet which already includes 22 Eurocopter helicopters - 5 AS 365 Dauphins, 5 EC 155 B and B1s, 10 AS 332 L1 Super Pumas and 2 EC225s. To be delivered from end 2009, COHC will possess in time 15 EC155 Dauphin helicopters. Since 2001, the EC155 has well established itself in the global Oil and Gas market - 30% of the EC155 fleet in the world today is used for offshore transport missions. The second sale of 5 AS350 B3 Ecureuils to Allyway marks the launch of this model in China as well as the beginnings of Eurocopter helicopters in the domain of power-line and pipe-line surveillance, a potential market in the country due to its extensive territory and network of pipe-lines which in currently being developed. To be delivered over the next 2 years, the AS350 B3 helicopters will subsequently be leased to various Chinese operators , the first being Citic General Aviation Co. Ltd (CGAC).

Source: Eurocopter
Date: Nov 6, 2008