Simrik Air Orders First Two Bell 505 Helicopters in Nepal

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Singapore, (February 11, 2020) – Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, announced the order of the first Bell 505 Jet Ranger X helicopters into Nepal with Simrik Air. The aircraft will be operated by Simrik Air and will be used primarily for private and corporate charters.     

“Simrik Air’s purchase of the first two Bell 505s in Nepal is a key milestone for all of us at Bell,” said David Sale, Managing Director, Asia Pacific, Bell. “The order is a testament to the confidence that Simrik Air has in the Bell 505 to perform in the most demanding environments. The two Bell 505s, coupled with the two Bell 407GXPs Simrik Air currently operate, will add even more versatility to Simrik Air’s fleet to better serve their customers.”

In June 2019, Bell announced Type Certification for performance information expansion at up to 22,500 feet density altitude, setting the bar for high altitude operations for aircraft in its class.

There are close to 40 Bell 505s operating in Asia Pacific today across a wide variety of segments. These include tourism and charter flights in Australia, China, Cambodia, Indonesia and Vietnam and for the training of new Japan Coast Guard cadet pilots.

The Bell 505 Jet Ranger X has surpassed more than 20,000 flight hours globally with Bell delivering 200 aircraft to customers operating across six continents.

With a speed of 125 knots (232 km/h) and useful load of 1,500 pounds (680 kg), the Bell 505 is Bell’s new five-seat aircraft designed for safety, efficiency and reliability using advanced avionics technology. It incorporates proven dynamic components, advanced aerodynamic design, a dual channel FADEC Turbomeca Arrius 2R engine and best-in-class value.

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 a part of 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

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, 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 aircraft delivery schedules or cancellations or deferrals of orders; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; volatility in interest rates or foreign exchange rates; and risks related to our international business, including establishing and maintaining facilities in locations around the world and relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business, including in emerging market countries.