Nakanihon Air Service Signs Purchase Agreement for Two Bell 429s at Heli-Expo 2017

Nakanihon Air Service Signs Purchase Agreement for Two Bell 429s at Heli-Expo 2017

HAI HELI-EXPO- Dallas, (March 7, 2017)Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced today the signing of a purchase agreement for two Bell 429s by Nakanihon Air Service Co., Ltd. (NNK). The two new aircraft will be delivered later this year and will be used for Helicopter Emergency Medical Service (HEMS). 

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Nakanihon and Bell Helicopter celebrate the signing during Heli-Expo

NNK purchased its first Bell Helicopter, a Bell 47G-2 in April 1960. Since then, they have purchased 77 Bell Helicopter aircraft. NNK currently owns and operates 13 Bell helicopters, including the 206, 430, 204, 412 and 429 models. In addition, NNK manages eight Bell 412EP and 412EPIs on behalf of the Ministry of Land, Infrastructure, Transport and Tourism and various Prefectures around Japan for Emergency Surveillance and Fire Fighting Disaster Recovery missions. NNK has been an authorised Customer Service Facility since 1994 and customizes many of the Bell helicopters entering Japan.

“We are delighted that Nakanihon has purchased two additional Bell 429s, to bring its Bell fleet up to 15 aircraft” said Richard Thornley, Bell Helicopter’s managing director, Japan. “It is remarkable that our loyal customer, Nakanihon have purchased their seventy-eighth and seventy-ninth Bell helicopters, over a period of nearly 60 years, emphasizing their trust in the Bell product and the support provided by Bell in Japan. Since Nakanihon currently operates a 429 in the HEMS role, it is a huge endorsement for the Bell 429, and its exceptional performance, speed, and low vibration that they have decided to purchase two more for this life-saving mission.”

The state-of-the-art technology in the Bell 429 includes a fully integrated glass cockpit, advanced drive system, best-in-class Satellite-Based Augmentation System (SBAS) navigation and IFR capability. The Bell 429 has more cabin space than any other light twin helicopter, with flat flooring, seating for five passengers and one flight crew as well as a stretcher patient. When time is of the essence, the Bell 429’s 157cm-wide side doors and rear clam-shell doors provide quick and easy access.

Bell Helicopter Co., Ltd. was established in Japan in January 2014 for the primary purpose of building upon long-term customer and partner relationships. Bell Helicopter’s office in Tokyo serves as a hub for sales, marketing, and aftermarket service efforts. Customers in Japan are also supported by authorized Customer Service Facilities, Nakanihon Air Service Co., Ltd, Fuji Heavy Industries, and Aero Asahi. Bell Helicopter is committed to having resources where customers operate to speed up delivery of service and support, and give customers access to service professionals that are easy to reach, know the operating environment and understand their needs.

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About Bell Helicopter

Bell Helicopter, a wholly owned subsidiary of Textron Inc., is an industry-leading producer of commercial and military, manned and unmanned vertical-lift aircraft and the pioneer of the revolutionary tiltrotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell's global workforce serves customers flying Bell aircraft in more than 120 countries.

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 Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Textron Off Road, 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 letters of intent and/or orders; the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs; the timing of our new product launches or certifications of our new aircraft products; 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; performance issues with key suppliers or subcontractors; difficult conditions in the financial markets which may adversely impact our customers’ ability to fund or finance purchases of our products; and continued demand softness or volatility in the  markets in which we do business.

About Bell

Thinking above and beyond is what we do. For more than 85 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.

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