First Bell 505 Jet Ranger X ordered in Bolivia

Bell Helicopter has signed a letter of intent (LOI) with Rodrigo Gutíerrez for a Bell 505 Jet Ranger X. The helicopter will be used for personal corporate transport by Gutierrez.

The agreement was signed in Bolivia by Gutíerrez who owns and operates two large cattle ranches, five sugar cane farms and a sugar mill.

“We are pleased to sign for the Bell 505 and look forward to integrating the aircraft into our operations.”

“We are pleased to sign for the Bell 505 and look forward to integrating the aircraft into our operations,” said Gutíerrez. “We believe the aircraft will provide efficient transportation and high levels of visibility to oversee our business.”

The Bell 505 is close to gaining its certificate and is expected to achieve production status later this year.

“We are extremely proud to see the Bell 505 exceeding customers’ expectations in terms of anticipated performance, safety and advanced technology,” said Jay Ortiz, Bell Helicopter’s vice president of Latin America. “Bolivia is a key market within the Latin American region, and as more of our customers get to experience the aircraft and we near certification, we anticipate continued interest and momentum.”

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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