Bell Announces Signed Purchase Agreements for Three Aircraft with JB Investments

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JBI Bell 407GXis505 Signing.jpg

Madrid, Spain (29 November 2023) – Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, announced today the signed purchase agreements for two Bell 407GXis and one Bell 505 aircraft to be sold to JB Investments in Poland, to be used predominantly for private travel. The purchase of the three aircraft was celebrated with a signing ceremony at the Bell booth at European Rotors 2023 in Madrid, Spain.

JB Investments is Poland’s longest-operating distributor of general aviation aircraft and helicopters, founded in 1992. Over the past three decades, it has catered to the rapidly changing needs and aspirations of people whose dream or business necessity is to fly.

"JB Investments provides new and current Polish operators with leading Bell aircraft and aftermarket services, continuing to expand Bell’s presence throughout the region,” said Jacinto Monge, managing director of Europe, Bell. “JBI has selected the Bell 407GXi and 505 for future Polish customers to provide seamless corporate and VIP transportation solutions, while reliably getting passengers to their destination.”

The Bell 407GXi uses a state-of-the-art Rolls-Royce M250-C47E/4 turbine engine featuring dual-channel FADEC technology, ensuring exceptional hot and high-altitude performance, fuel efficiency, and a cruising speed of 133 knots (246 km/h). In Poland, the 407GXi has proved popular with the Polish National Police (PNP). The PNPrecently purchased four additional aircraft from JB Investments, which served as the prime contractor, , increasing its total 407GXi fleet to seven.

Equipped with the robust Safran Arrius 2R engine and a dual-channel FADEC system, coupled with its cutting-edge Garmin G1000H NXi avionics suite, the Bell 505 proves its versatility across a wide spectrum of missions. These missions encompass pilot training, scenic flights, corporate transport, utility operations and public safety tasks. In 2021, the European Union Aviation Safety Agency (EASA) granted certification for the Bell 505 to carry loads of up to 2,000 pounds (907 kg) using its cargo hook, further amplifying the aircraft’s impressive utility capabilities.

Bell is exhibiting at European Rotors 2023 between 27th-30th November. Visit the Bell booth at Booth 318.

Alexis Baird

Innovation and Commercial Business for Europe, Middle East and Africa
All Media Contacts

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

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, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems. 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, including, but not limited to, changes in aircraft delivery schedules or cancellations or deferrals of orders; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; volatility in interest rates or foreign exchange rates; and risks related to our international business, including establishing and maintaining facilities in locations around the world and relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business, including in emerging market countries.

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