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Bell Announces New 429 VIP Order through the VanAllen Group

ANAHEIM, CABell Helicopter, a Textron Inc. company (NYSE: TXT), announced today the order of a VIP configured Bell 429 to be delivered to the VanAllen Group, a business aviation consulting service, for delivery for a private customer.

“The Bell 429 is an incomparable aircraft, featuring a glass cockpit, luxury seating and superior speed and performance,” said Anthony Moreland, Bell Helicopter’s managing director of sales for North America. “We have seen a great amount of interest throughout North America from corporate and VIP operators looking for a highly capable luxury aircraft.”

The VanAllen Group directly coordinated with Bell Helicopter for the order. The buyer will take advantage of the Bell 429’s exceptional flight performance as well as Instrument Flight Rules (IFR) capability certified for single or dual pilot operations. In addition to a stylishly innovative and adaptable design, the Bell 429 offers maximize situational awareness and reduced pilot workload. It is the first choice aircraft for corporate and VIP travel, delivering a range of 380 miles and cruise speed of 153 knots. To date, Bell Helicopter has received more than 140 Bell 429 orders across the globe.

“As we evaluated options on behalf of the delivery customer, we wanted to find an aircraft that was not only known for overall performance, but also offered low noise and vibration levels during flight,” said Pete Agur, president of The Van Allen Group. “Bell Helicopter not only offered the best solution, but remained flexible and easy to work with throughout the entire purchasing process.”

One of the most advanced light twin helicopters ever developed, the Bell 429 offers exceptional flight performance with a fully integrated glass cockpit, advanced drive system and best-in-class WAAS navigation and IFR capability. Additional safety features include a collective mounted throttle, damage tolerant hub and rotor system, and energy attenuating seats. It is the first helicopter certified through the MSG-3 process, resulting in reduced maintenance costs for operators.

About Van Allen Group                                                                    

The VanAllen Group, Inc. provides business aviation solutions. Its services include analysis and strategic planning; aircraft selection, design, acquisition, completion, and delivery support; flight department performance reviews; leadership selection and development; emergency response planning; and special services. The company is based in McDonough, Georgia and for more information go to www.VanAllen.com.

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 tiltrotor 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 Inc.

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 Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at www.textron.com.

Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. 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 and difficult conditions in the financial markets which may adversely impact our customers' ability to fund or finance purchases of our products.

 

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