Bell Helicopter announces 13 orders on first day of Heli-Expo 2011

Bell Helicopter announces 13 orders on first day of Heli-Expo 2011

8-Mar-2011 Source: Bell

Bell Helicopter, a Textron Inc. (NYSE: TXT) company, today announced it received 13 orders on the first day of Heli-Expo 2011 in Orlando, Fla.  The 13 orders were received from the following customers. Deliveries are expected in 2011 and 2012.

  • Urban Development Group, located in Panama, a 407GX
  • Alvac, located in Idaho, a 407GX
  • Helicopter Flight Services, located in New York City, a 407GX
  • PT SMAC, located in Indonesia, will primarily use their new three 429s and six 412s to support its mining operations throughout Indonesia.
  • Global Vectra, located in India, is the largest private helicopter company in India. It will use its newly ordered Bell 412 for VIP/corporate transportation.

“These orders signify the continuing improvement of the helicopter industry and the relevance of the HAI as a venue to conduct commercial helicopter business. We are very pleased to see the level of traffic and interest in the Heli-Expo this year,” said Larry D. Roberts, Senior Vice President, Commercial Business, Bell Helicopter.

At this year’s Heli-Expo, Bell Helicopter announced the 407GX a new version of the Bell 407 equipped with the innovative Garmin G1000HTM Integrated Flight Deck and the 407AH, the first Bell-qualified armed commercial aircraft across the market.

Forward-looking Information 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, the following:

  • Changes in worldwide economic and political conditions that impact demand for our products, interest rates and foreign exchange rates;
  • Legislative or regulatory actions impacting our operations or demand for our products;
  • Performance issues with key suppliers, subcontractors and business partners;
  • Changes in aircraft delivery schedules or cancellations or deferrals of orders;
  • The efficacy of research and development investments to develop new products and unanticipated expenses in connection with the launching of significant new products or programs;
  • The timing of new product launches and certifications of new aircraft products;
  • Difficult conditions in the financial markets which may adversely impact our customers’ ability to fund or finance purchases of our products; and
  • Continued volatility in the economy resulting in a prolonged downturn in the commercial helicopter market.

About Bell Helicopter
Bell Helicopter, a wholly owned subsidiary of Textron Inc., is an industry-leading producer of commercial and military, manned and unmanned vertical lift aircraft and the pioneer of the revolutionary tilt rotor aircraft.  Globally recognized for world-class customer service, innovation and superior quality, Bell’s global workforce serves customers flying Bell aircraft in more than 120 countries.

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 in known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at

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