Wuhan Helicopter signs contract for three helicopters

Eurocopter China and Wuhan Helicopter signingEurocopter China
and Wuhan Helicopter have signed a contract for three helicopters during
French ministerial visit. Wuhan
will take delivery of two AS350 B3e and a single EC120 B in the first quarter
of 2013.

A signing
ceremony was held on 5 November in Wuhan, Hubei Province, between Wuhan Helicopter and Eurocopter China. Senior
officials in attendance at the ceremony included Nathalie Kosciusko-Morizet,
French Minister for Ecology, Sustainable Development, Transport and Housing,
Thierry Mariani, French Minister for Transport, Li Hongzhong, Party Secretary
of Hubei Province,
Wang Guosheng, Governor of Hubei Province, Ruan Chengfa, Party Secretary of Wuhan City
and Tang Liangzhi, Mayor of Wuhan City.

“We are
very proud that Wuhan Helicopter has selected two of our most popular light
modern helicopters, which reinforces the worldwide recognition of their
capabilities,” stated Eurocopter China chief executive, Bruno
Boulnois. “The versatility and reliability of the EC120 B and AS350 B3 make
them the ideal choice for general aviation multi-mission activities in China’s vast
and varied terrains, as well as extreme climate conditions.”

Liu Bichao, chairman of Wuhan Helicopter, expressed his confidence in the
acquisition, noting that “Eurocopter has a good track record of providing
utility helicopters in China,
with proven capability and reliability globally. Coupled with their ability to
provide proximity services, this is truly a value proposition that meets our
needs.”

“We managed to secure Wuhan Helicopter as our first customer within six months
of our Wuhan office opening, which is indicative
of the huge growth potential of the helicopter market in Central
China. This is certainly a great way to celebrate the launch of
our newest branch office, in addition to our operations in Shanghai, Beijing,
Shenzhen, Chengdu, Harbin and Hong Kong,” added Boulnois.

Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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