Bell 505 Maintains Strong Sales Momentum Across Southeast Asia with New Purchase Agreements from Customers in Three Countries

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Singapore (February 20, 2024) – Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, continues to see robust sales of its Bell 505 helicopter across the Asia Pacific region. The latest contracts signed with customers in Malaysia, Indonesia and the Philippines demonstrate the ongoing demand.

Leading the new orders at the Singapore Airshow 2024 was Hammock Helicopter, a Malaysian helicopter services provider that specializes in maintenance, repair and overhaul work. The company signed a purchase agreement for two Bell 505 aircraft in a corporate configuration, with delivery planned for 2024.

“Bell has achieved significant success with the Bell 505 across Asia Pacific. Our customers’ success is closely tied to our own, as we strive to meet their unique operational needs through collaborative efforts,” said Sameer Rehman, managing director, Asia Pacific, Bell. “Together, we unlock the full capabilities of this innovative aircraft. As the most advanced rotorcraft in its class, the Bell 505 consistently delivers significant value and exceptional performance for customers in various mission segments.”

In addition to the purchase agreements signed for two aircraft for Malaysia, a helicopter operator in Indonesia and four corporate clients from the Philippines each signed contracts for one Bell 505 over the past year. These agreements mean the active Bell 505 fleet serving Southeast Asia will grow by seven aircraft, joining over 100 Bell 505s already flying in Asia Pacific.

Since its 2017 introduction, Bell has delivered over 505 Bell 505 aircraft worldwide, accumulating more than 100,000 global flight hours on the fleet. The Bell 505 has also participated as a demonstrator for Sustainable Aviation Fuel in Singapore and Texas – a strong signal of Bell's commitment to alternative fuel usage and incorporating sustainable practices into its global flight operations.

Every aspect of the Bell 505 was carefully considered in design, starting with the large, customizable cabin and dual channel FADEC controlled engine. The aircraft delivers superb visibility and panoramic views through its glass cockpit, aided by comfortable stadium seating where the rear rows are elevated slightly above the front. It is a highly efficient and dependable aircraft suited for diverse weather and terrain.

Press Contact

Dariel Lim

About Bell

Visant toujours plus haut et toujours plus loin, depuis plus de 85 ans, nous réinventons l’expérience du vol en imaginant jusqu’où il pourrait nous mener.

Nous sommes des pionniers. Nous avons été les premiers à franchir le mur du son et à faire certifier un hélicoptère commercial. Nous avons pris part à la première mission de la NASA sur la Lune et nous avons mis en marché des systèmes de rotors basculants évolués. Aujourd’hui, nous façonnons l’avenir de la mobilité sur demande.

Nous sommes une société à part entière de Textron Inc. Notre siège social est situé à Fort Worth, au Texas, et nos établissements sont répartis stratégiquement partout dans le monde. Près d’un quart de nos effectifs ont servi dans les forces armées; il n’est donc pas étonnant que l’une de nos passions consiste à aider les militaires à accomplir leurs missions.

Nos innovations révolutionnaires permettent à nos clients de vivre des expériences incomparables marquées par l’efficacité, la fiabilité et par-dessus tout, la sécurité.

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, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems. 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.

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