Fort Worth, TX (28 March 2022) – Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced today the signed purchase agreement by HelicoStore for a Bell 505. The aircraft will be used to support corporate transportation needs in Canada.
“Bell is pleased to announce that HelicoStore, Bell’s Independent Representative in Eastern Canada, has purchased a new Bell 505 to be managed on behalf of a private client in Montreal, Quebec, Canada,” said Lane Evans, managing director, North America. “HelicoStore offers a wide range of services in support of local helicopter owners including financing solutions, management and pilot services.”
HelicoStore was established in 1992 and continues to work with both private and corporate helicopter pilots. In 2018, Bell announced HelicoStore, a Quebec based company, as Bell’s first Independent Representative in North America.
“I am very excited to add yet another Bell product to the growing fleet of managed Bell 505’s at HelicoStore,” said Jean-Charles Emter, president and owner of HelicoStore. “My clients love the Bell 505 for its power, advanced safety features, comfort and visibility. The aircraft is a game changer for private helicopter owners and is in a class by itself in the light single market.”
The Bell 505 combines the latest avionics and engine control technology with a large open cabin that provides panoramic views for all passengers. A fully integrated Garmin G1000H NXi avionics suite and dual channel FADEC controlled Safran Arrius 2R engine provide pilots of all skill level with maximized situational awareness and workload reduction to fly successfully in a multitude of scenarios. Combined with its cabin versatility and impressive performance, the 505 is relied on for missions ranging from private owners to public safety and training entities around the globe.
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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