Bell Helicopter and Reignwood Reach Agreement for the Purchase of 12 Helicopters
Bell Helicopter, a Textron Inc. company (NYSE: TXT) announced today at Aviation Expo / China 2013 it has signed a purchase agreement with its Independent Representative (IR), Reignwood Investment Co. Ltd. (Reignwood), for the purchase of 12 Bell helicopters. The sale includes 10 Bell 407 aircraft and two Bell 429 aircraft. The aircraft are being purchased for an unannounced private company end-user in China.
"Reignwood has demonstrated solid growth as an Independent Representative for Bell Helicopter in China," said Chris Jaran, Bell Helicopter's managing director, China. "They continue to work collaboratively with our Beijing-based regional sales team, and we are pleased with their progress."
Global Helicopter Market 2014-2018
The Bell 407's reliability, speed, performance and maneuverability make it the ideal aircraft for a variety of missions. The cabin holds five passengers in club seating or can easily be modified to accommodate a broad range of equipment. The all-composite, four-bladed rotor system provides a smooth ride, excellent hover performance and speed, even in high altitudes and extreme temperatures. The Bell 407 offers advanced safety features such as a rupture-resistant fuel system, a FADEC engine and superb autorotation capabilities.
The Bell 429 remains a top-seller for Bell Helicopter and is one of the most advanced light twin helicopters ever developed, offering exceptional speed, range and hover performance. The Bell 429 has a fully-integrated glass cockpit and an electronic data recorder to help increase situational awareness and safety margins. The Bell 429's cabin accommodates up to seven passengers and offers a quick change interior that can be converted from passenger to cargo service. The aircraft serves all major market segments, including air ambulance, oil and gas, utility, parapublic and corporate.
Backed by Bell Helicopter's #1 ranked Customer Support and Services, Bell Helicopter offers a global support network with a variety of product and service offerings, including parts sales and distribution, maintenance, repair and overhaul, blade repair, and customization.
Source : Textron