Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, and leading manufacturer of helicopters and vertical lift aircraft, has signed a Memorandum of Understanding (MOU) with Rotortrade, the leading global helicopter distributor, to define optimal pre-owned helicopter solutions to Bell and their customers.
Through this MOU, Bell and Rotortrade will explore how we can offer expanded trade-in solutions to its customers, making it easier to upgrade to newer aircraft model and offer more affordable, pre-owned solutions. Additionally, Rotortrade aims to expand its pre-owned inventory by adding more Bell aircraft to their fleet.
"Bell and Rotortrade are excited to explore a relationship that will provide a real advantage to our customers," said Patrick Moulay, senior vice president, International Commercial Business, Bell. "Bell is eager to work with Rotortrade to offer customers trade-in solutions, such as the sale of the customer’s helicopter pre-arranged by Rotortrade when the order for a new Bell helicopter is placed, enabling the customer to seamlessly transition from the used aircraft to the brand-new aircraft. This MOU will allow us to develop a strategy to better serve our customers' needs and expand our global reach."
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Download free sample pages More information"We are excited about entering the next phase of these discussions with Bell," said Philippe Lubrano, CEO of Rotortrade. "Our desire is to secure a steady flow of inventory to provide the best possible offerings to our customers. At Rotortrade, our vision has always been to transform the pre-owned market for the benefit of both buyers and sellers. This Memorandum of Understanding with Bell is a significant milestone in achieving that vision, as we work toward providing our customers with even more options and access to top-quality, pre-owned helicopters."
