The FAA is adopting an airworthiness directive (AD) for Bell Helicopter Textron Canada (Bell) Model 407s and 427s. It is based on a mandatory continuing airworthiness information (MCAI) AD issued by Transport Canada.
Bell Helicopter Textron of Fort Worth, Texas, delivered the first Bell 429 customer aircraft to launch customer Air Methods on August 1, after which S/N 57006 flew south from Bell’s assembly facility in Mirabel, Quebec, to Mercy Hospital in Des Moines, Iowa.
As Providence, R.I.-based Textron labors to reduce its debt and the size of Textron Financial (its unprofitable financial arm) it is looking to its other businesses– Cessna Aircraft, Bell Helicopter, Textron Systems, and those in its industrial group–to bring the parent corporation back on the road to profitability.
Following Transport Canada certification and FAA validation of the Bell 429 in July, Bell Helicopter Textron of Fort Worth, Texas, delivered the first aircraft, S/N 57006, to launch customer Air Methods on August 1. The current Bell 429 fleet (two prototypes, three flight test and two customer aircraft) has accumulated more than 2,200 hours.
During a Textron business update yesterday, company chairman and CEO Lewis Campbell said he is seeing trends of economic stabilization, though he admitted that subsidiary Cessna Aircraft is still “fighting its way through the most difficult down cycle, maybe in the history of the business jet industry.” While he added that 2010 is going to be a “tough year” for Cessna, he believes that the business jet business is “very strong” over the longer
The City of Roseville Employees’ Retirement System has filed a class-action complaint “on behalf of itself and all others similarly situated” alleging that investors in Textron shares were misled by statements about backlogs at Cessna Aircraft. Plaintiffs would have purchased Textron shares between July 17, 2007, and Jan. 29, 2009.
Bell Helicopter received Transport Canada certification for its long-awaited new light twin, the 429, last month. The company also announced that it had completed FAA certification requirements. Deliveries of the twin Pratt & Whitney Canada PW207DI-powered, $4.865 million (2007 $) helicopter were scheduled to begin last month.
A bitter six-week strike at Bell Helicopter Textron’s transmission and rotor blade component plants in Fort Worth, Texas, ended after union members ratified a revised four-year contract offer yesterday morning. Nearly 2,500 members of United Auto Workers (UAW) Local 218 struck the company on June 14 after rejecting an initial offer from Bell that increased wages, but also increased the share of employee-paid health care costs.
Bell Helicopter on July 1 announced that it received FAA and Transport Canada certification for its long awaited Bell 429 light twin. Deliveries of the twin Pratt & Whitney Canada PW207DI-powered, $4.865 million (2007 dollars) helicopter are scheduled to begin later this month. Bell holds more than 300 customer purchase letters of intent for the 429 and is in the process of converting them to firm orders.
By the time you read this, it is likely that Bell Helicopter will have received Transport Canada type certification for its twin-turbine Bell 429 light helicopter. Though not quite as likely, the FAA might also have validated Transport Canada’s TC, since the U.S. agency has been following the process closely.