On March 8 during Heli-Expo 2017, Bell Helicopter and Reignwood Investment, Ltd., (Reignwood) signed an amendment to their agreement confirming the purchase and delivery of 50 Bell 505 Jet Ranger X aircraft over three years.
This is in addition to 10 Bell 505s previously ordered. With 60 Bell 505s Reignwood will become the largest 505 operator in the world.
“There has been an overwhelming global response since the initial launch of the Bell 505 and we are thrilled to have Reignwood as one of our largest operators of this incredible aircraft in China,” said Patrick Moulay, Bell Helicopter’s executive vice president, Commercial Sales and Marketing. “Reignwood will add the 60 Bell 505s to their current fleet of Bell 206, Bell 407GX and Bell 429 helicopters that are currently completing a variety of missions across China.”
“We are excited to be celebrating this milestone with our friends at Bell Helicopter and are eager to begin operating our fleet of Bell 505s,” said Galba Zheng, chairman of Reignwood Aviation. “Our partnership with Bell Helicopter is very important to us and they have proven their aircraft and customer support and service to be outstanding.”
The 505 order follows Bell’s announcement in November concerning the expansion of its customer support network in China. Zhenjiang Aerochine Aviation Limited, located in Zhenjiang City, Jiangsu Province, was announced as an Authorized Customer Service Facility (CSF). The company is a wholly owned subsidiary of Aerochine Aviation Limited, which was appointed as the official Independent Representative of Bell Helicopter in December 2009 for China, Hong Kong and Macau.
Bell has two other Authorized CSFs in China —Shanghai KingWing General Aviation and Chongqing General Aviation.
Also in November, Bell signed a Framework Agreement with Shaanxi Aviation Industry Development Co. Ltd. (SAIDC) and Xi’an Helicopter Company Ltd. (XHC) to establish a company for the assembly and resale of Bell 407GXP helicopters to government and government-related customers in China. As a part of the agreement, the parties agreed to negotiate a five-year purchase agreement for the purchase by the new company of 100 Bell 407GXP helicopters.