AgustaWestland is purchasing full ownership of the BA609 civil tiltrotor program from Bell Helicopter. AW’s new CEO, Bruno Spagnolini, and Bell CEO John Garrison announced the deal at the Paris Air Show on June 21. Under the proposed agreement, subject to regulatory approval, Bell will continue to provide engineering, program management services, and key component manufacture on the 609. Financial terms of the deal were not disclosed.
Piper Aircraft named 30-year aerospace veteran Michael Dow as chief of production for the PiperJet Altaire, the company’s in-development single-engine business jet. Dow was most recently group manager of manufacturing, engineering and tooling at Aurora Flight Sciences, and previously worked at Bell Helicopter for 11 years.
Textron sister companies Bell Helicopter and Cessna Aircraft have broken ground on a new facility dedicated to customers in the Asia-Pacific region.
AgustaWestland is buying out Bell’s stake in the BA609 civil tiltrotor program from Bell Helicopters. Financial terms of the deal, announced by AgustaWestland’s new CEO Bruno Spagnolini and Bell CEO John Garrison here at the Paris Air Show yesterday, were not disclosed.
AgustaWestland is purchasing full ownership of the BA609 civil tiltrotor program from Bell Helicopter, the companies announced today at the Paris Air Show. As a result, the aircraft now has been redesignated as the AW609. Under the proposed agreement, subject to regulatory approval, Bell will continue to provide engineering, program management services and key component manufacture on the AW609. Financial terms of the deal were not disclosed.
Bell Helicopter and Cessna Aircraft, both Textron companies, broke ground on a facility dedicated to service and support for customers in the Asia-Pacific region. It is scheduled to enter service in next year’s second quarter and will be staffed by about 90 technical and administrative employees.
The cost of operating the Bell-Boeing V-22 Tiltrotor has been significantly reduced in the past year, according to U.S. Marine Col. Greg Masiello, V-22 Joint Program Office manager at Naval Air Station Patuxent River, Md.
After 11 years at Cessna, and eight of them in the left seat, Jack Pelton is leaving the Textron-owned, Wichita-based aircraft manufacturer. A Textron spokesman told AIN this morning that the decision for Pelton, 52, to retire was a mutual one between Pelton and Textron CEO Scott Donnelly.
Bell Helicopter gave expectations a boost on the opening day of Heli-Expo 2011 by bagging 13 orders from five customers, followed by an additional 10 orders on day two of the show. “These orders signify the continuing involvement of the helicopter industry and the relevance of [Heli-Expo] as a venue to conduct commercial helicopter business,” said Larry Roberts, Bell senior v-p of commercial business.
Despite relatively flat year-over-year commercial sales, Bell Helicopter CEO John Garrison said the company could easily fund a new, clean-sheet-of-paper commercial helicopter program.