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Bell and Rotortrade look to provide pre-owned helicopter solutions

Atlanta, GA. (7 March 2023) - Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, and leading manufacturer of helicopters and vertical lift aircraft, has signed a Memorandum of Understanding (MOU) with Rotortrade, the leading global helicopter distributor, to define optimal pre-owned helicopter solutions to Bell and their customers.

Through this MOU, Bell and Rotortrade will explore how we can offer expanded trade-in solutions to its customers, making it easier to upgrade to newer aircraft model and offer more affordable, pre-owned solutions. Additionally, Rotortrade aims to expand its pre-owned inventory by adding more Bell aircraft to their fleet.

"Bell and Rotortrade are excited to explore a relationship that will provide a real advantage to our customers," said Patrick Moulay, senior vice president, International Commercial Business, Bell. "Bell is eager to work with Rotortrade to offer customers trade-in solutions, such as the sale of the customer’s helicopter pre-arranged by Rotortrade when the order for a new Bell helicopter is placed, enabling the customer to seamlessly transition from the used aircraft to the brand-new aircraft. This MOU will allow us to develop a strategy to better serve our customers' needs and expand our global reach."

"We are excited about entering the next phase of these discussions with Bell," said Philippe Lubrano, CEO of Rotortrade. "Our desire is to secure a steady flow of inventory to provide the best possible offerings to our customers. At Rotortrade, our vision has always been to transform the pre-owned market for the benefit of both buyers and sellers. This Memorandum of Understanding with Bell is a significant milestone in achieving that vision, as we work toward providing our customers with even more options and access to top-quality, pre-owned helicopters."

For more Information, please visit the Bell website or visit our booth at HAI Heli-Expo 2023.

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 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, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. 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.

About Rotortrade:

Rotortrade is the leading global helicopter dealer and sole international distributor of Leonardo’s pre-owned helicopters. Its extensive network throughout the spectrum of the industry enables it to acquire and carry a broad fleet of aircraft from all major manufacturers providing its clients full end-to-end and fully secured services.

Rotortrade has 10 dealerships around the world with offices in Florida, Kuala Lumpur, London, Los Angeles, Melbourne, Mexico City, Marseille, Paris, Riyadh, Singapore, Sarajevo and Shanghai.

For more information, please visit: http://www.rotortrade.com/

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Created 267 days ago
by Admin

Tags Bell Rotortrade Textron
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