Prague, Czech Republic (July 5, 2022) Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced today signed purchase agreements for seven Bell 505 helicopters to European customers, further validating the success of the Bell 505 in Europe and around the world.
Two of these Bell 505 purchase agreements were signed by JB Investments, the longest-operating distributor of light aircraft in Poland. The signing ceremony was held in May at a customer event in Prague with Magdalena Karska, board member, JB Investments, and Duncan Van De Velde, managing director, Europe, Bell.
“The Bell 505 has become a popular aircraft for European operators within the corporate and VIP markets due to its advanced avionics, customizable cabin, and versatility, which make it easy for a weekend getaway or quick business trip,” said Duncan Van De Velde, managing director, Europe. “We are proud to see the success of the Bell 505, and we look forward to adding more European customers to the Bell family.”
“We are thrilled to see the growing interest for Bell products among our Polish customers,” said Magdalena Karska, JB Investments. “Thanks to unique capabilities in its class, we see great potential for the Bell 505 model to be operated not only by corporate but also governmental customers in Poland.”
The Bell 505 is a leading platform with the integration of advanced technology such as the Garmin G1000H NXi and FADEC. The five-seat aircraft is comfortable and provides excellent visibility for the pilot and passengers. There are more than 360 Bell 505s operating worldwide, 65 of them operating in Europe.
With its high-quality design, cost-competitiveness engine, maneuverability and customization options, the Bell 505 can serve as an ideal vehicle for private and tourism purposes, but also can be a tailor-made solution for the public missions of organizations looking for enhancement of their transport, surveillance and secure services.
Image (left to right):
Simona Sirancova, regional sales manager, Bell
Magdalena Karska, board member, JB Investments
Duncan Van De Velde, managing director, 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.
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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