Rheinland Air Service Appointed as the First German Dealer for the Bell 505

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Fort Worth, TX (Nov. 25, 2020) Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, appointed Rheinland Air Service GmbH (RAS) the first German dealer for the Bell 505. Approaching 50 years of business aviation experience, RAS is a proven provider of expert aviation sales and service.

“We are pleased to announce RAS as Bell’s first authorized 505 dealership for Germany,” said Duncan Van De Velde, Managing Director, Europe & Russia. “This partnership has been highly valued as we continue to expand our footprint in Germany. With the Bell 505 dealership, we can use our customer collaboration to attract new owners and establish a stronger presence in the region.”

“This partnership is important for Bell’s work in Germany. We want to provide customers with a complete 505 solution through a local company in their national language,” said Patrick Moulay, Senior Vice President International Business. “With its team’s experience in aviation and excellent reputation, we believe RAS is the best launch partner for the first 505 dealership.”

Located in Mönchengladbach, RAS will be home to the first ever Bell 505 dealership.  It was established in 1972 and employs 280 staff in four locations in Germany.

“We are proud to be part of the Bell family and represent the German market with this high performing aircraft. The Bell 505 is an incredible helicopter, and we see a huge potential for our German customers,” said Johannes Graf von Schaesberg, CEO, RAS. “The cooperation between Bell and RAS is our long-term vision to expand the German market for the Bell brand.”

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The Bell 505 is ideal for private charters, corporate executives, medical evacuations, utilities, public safety, pilot training, and more. The light single-engine helicopter offers a rare combination of rugged high performance, superior fuel efficiency, and a low cost of acquisition and operation. With the only dual-channel FADEC engine in its class, the helicopter has plenty of power at high altitudes. Additionally, the high-tech G1000H all glass flight deck and panoramic windows provide great visibility, full situational awareness, and safety.

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 advanced air 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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