Fort Worth, TX (January 10, 2022) – Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced that SECO International has signed a purchase agreement for a Bell 505 helicopter and has been appointed as the first Japan dealer for the Bell 505.
This sale follows the letter of intent that SECO International signed in 2015 for 10 Bell 505s, which Bell has since delivered. Founded in 1983, SECO International operates a fleet of light helicopters and manages private owners’ aircraft with full operational support through its facility at Nagoya Airport.
“We are honored by the confidence that SECO International continues to show in the Bell 505 through the purchase of its 11th aircraft and by becoming the first Bell 505 dealer in Japan,” said Jose Jacinto Monge, managing director, Asia Pacific, Bell. “We look forward to deepening our relationship with SECO International and providing support to grow their business with the Bell 505 in Japan.”
The first Bell 505 was delivered in 2017, and today there are 300 aircraft in operation across six continents, logging more than 70,000 global fleet hours. In 2018, Bell delivered four Bell 505 helicopters to the Japan Coast Guard, which uses the aircraft as its basic helicopter trainer.
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 NXi all-glass flight deck and panoramic windows provide great visibility.
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.
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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