Bond Aviation Group & AgustaWestland Sign MoU

AgustaWestland, a Finmeccanica company, and Bond Aviation Group, are pleased to announce that they have signed an MoU today that will see both companies work together to establish a multi-year contract covering the purchase of AW139, AW169 and AW189 helicopters for offshore oil and gas support, HEMS, SAR and emergency service missions, together with support to the emerging offshore wind-farm market. The MoU was signed by Geoff Williams, Chief Executive Officer, Bond Aviation Group and Emilio Dalmasso, Senior VP Commercial Business, AgustaWestland, today, during the Helitech exhibition being held at Duxford near Cambridge in the UK. Emilio Dalmasso, Senior VP Commercial Business, AgustaWestland, said after the signing "The signing of the MoU is a step towards what we hope will see Bond becoming a major operator of AgustaWestland's AW139, AW169 and AW189 helicopters. We look forward to expanding our existing relationship with Bond and ultimately seeing them add more AW139s to their fleet and becoming a customer for the new AW169 and AW189 helicopters which offer exciting new opportunities." Peter Bond, Bond Aviation Group's Chairman said "Bond already operate a number of AgustaWestland aircraft and recognise AgustaWestland as a respected manufacturer. These aircraft types could significantly enhance our business in specific market areas. There are promising markets emerging and through these markets Bond will ensure future growth."

Source: AgustaWestland, A Finmeccanica Company (Milan: FNC.MI)
Date: Sep 29, 2011