Bell Announces Agreement for Five Aircraft to Corporate Customers in Ukraine

November 17, 2021

Bell 505 and 429 models continue to be aircraft of choice for private travel in Europe

Cologne, Germany (17 Nov. 2021) – Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, announced today at European Rotors purchase agreements for five aircraft to customers in Ukraine.

“Both the Bell 429 and 505 continue to make exceptional progress in the European market, especially as ideal platforms for private travel,” said Duncan Van De Velde, managing director, Europe and Russia, Bell. “Equipped with easily configurable cabins and advanced avionics, both aircraft offer efficient and comfortable transportation experiences for private operators and corporate customers.”

The signature ceremony was held at European Rotors with Heliclub Ukraine LLC, the Bell official representative in Ukraine. The signed purchase agreements include two Bell 505s, two Bell 429s, and one Bell 407GXi with the newly certified Instrument Flight Rules (IFR) configuration.  

The Bell 429 is the most successful Bell model in Europe in the corporate, helicopter emergency medical services (HEMS) and law enforcement segments with more than 400 aircraft operating worldwide. The platform boasts a large, customizable cabin with club seating to comfortably fit up to six passengers and wide doors for enhanced visibility and easy ingress and egress.

The Bell 505 is one of Bell’s fastest growing commercial programs to date, surpassing several significant milestones since its first delivery in 2017. The global Bell 505 fleet has surpassed more than 70,000 global fleet hours with aircraft operating across six continents. Bell has delivered more than 60 Bell 505 aircraft in Europe to date and continues to receive growing interest in the short light single platform.

 

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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 aboard 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, Textron Off Road, 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, changes in delivery schedules or cancellations or deferrals of orders.

Connect with Textron IR

David Rosenberg, Vice President, Investor Relations
(401) 457-2288
Kyle Williams, Manager, Investor Relations
(401) 457-2288

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