Bell secures letter of intent from Bolivian 505 purchaser

Bell secures letter of intent from Bolivian 505 purchaser 19 Jul, 16, Source: Bell

Bell announced it has signed a letter of intent (LOI) with Mr. Rodrigo Gutíerrez for a Bell 505 Jet Ranger X. The aircraft will be used for personal corporate transport.

The agreement was signed in Bolivia by Mr. Gutíerrez who owns and operates two large cattle ranches, five sugar cane farms and a sugar mill. This aircraft will play an important role in overseeing the management of these operations.

“We are pleased to sign for the Bell 505 and look forward to integrating the aircraft into our operations,” said Mr. Gutíerrez. “We believe the aircraft will provide efficient transportation and high levels of visibility to oversee our business.”

With more than 800 flight test hours completed, the Bell 505 is nearing certification and is expected to become a production program this year. The aircraft is attracting worldwide attention with 380 LOIs in a range of mission sets including corporate/VIP, utility, tourism, military training and emergency medical services.

“We are extremely proud to see the Bell 505 exceeding customers’ expectations in terms of anticipated performance, safety and advanced technology,” said Jay Ortiz, Bell Helicopter’s vice president of Latin America. “Bolivia is a key market within the Latin American region, and as more of our customers get to experience the aircraft and we near certification, we anticipate continued interest and momentum.”

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