Bell Announces Signed Purchase Agreements for Four Bell 505 Aircraft and One Bell 505 Delivery in the Baltic Region

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Cologne, Germany (09 November 2022) – Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, announced today the signed purchase agreements for four Bell 505s and one Bell 505 delivery in the Baltic region. The signings took place during European Rotors 2022 at the Bell booth.

The Bell 505 continues to see success across Europe. Three of the aircraft were purchased by Bell’s new independent representative (IR) for the Baltic states, Airborne, and are destined for private customers and pilot training use. A fourth Bell 505 will be purchased directly by a private customer. Bell also announced the delivery of a Bell 505 to a private customer.

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“It’s exciting to see the demand for the Bell 505 continue to grow within Europe across many industries,” said Patrick Moulay, senior vice president, International Commercial Sales, Bell. “We see great potential for Bell within the Baltics, and we are delighted to welcome Airborne to our ever-growing list of IRs across Europe to expand our support.”

“The 505 adapts well to Europe’s varied terrain, and our customers have a diverse range of uses for the aircraft. From taking tourists sightseeing to training pilots to land on top of mountains, the 505 continues to leave an amazing impression on our customers and the passengers they fly,” continued Moulay.

“Our appointment as the IR for the Baltic states will mark the start of a new and exciting chapter in our relationship with Bell,” said Max Lunov, owner, Airborne. “The 505’s high-performance and versatility means it easily adapts to the various needs of our customers. In the case of these aircraft, we’ll see them used for private travel and pilot training.”

In August, Bell announced the 400th Bell 505 delivery to a customer in the United Kingdom since its launch in 2017. Other recent Bell 505 deliveries in Europe include one aircraft to a private customer in Greece, two to JB Investments in Poland and two to Karen SA in Switzerland. A total of 78 Bell 505s have now been delivered across the continent.

The Bell 505 is the most versatile aircraft in the short light single class. Its powerful Safran Arrius 2R engine and dual-channel FADEC, combined with its advanced Garmin G1000H NXi avionics suite, means the Bell 505 is suited to a wide of range of missions, including pilot training, sightseeing, corporate transport, utility and public safety. Last year, the Bell 505 was certified by the European Union Aviation Safety Agency (EASA) to carry up to 2,000 pounds (907 kg) using its cargo hook, further adding to the 505’s impressive utilitarian capabilities.

During European Rotors 2022, Bell is offering customers flight demonstrations with a sling load at Siegerland airport in Germany on 7 and 10 November 2022. Bell is exhibiting at European Rotors in Cologne, Germany from 8 to 10 November 2022 at Booth 1005 in Hall K_08. The Bell 505 in corporate configuration and the Bell 429 in HEMS configuration will be on display.

To find out more about Bell’s presence at European Rotors, visit bell.co/europeanrotors

Grace Dieb

Commercial Business, Europe, Africa, and the Middle East
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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, 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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