Professional Helicopter Services signs LoI of intent for three Bell 505s

Bell Helicopters has signed a letter of intent (LOI) with Professional Helicopter Services (PHS) for three Bell 505 Jet Ranger X helicopters. PHS will be the first helicopter training school in the region to operate the Bell 505.

“We are thrilled to become the first Australian helicopter training school to integrate the Bell 505 into our program.”

Brett Newman, CEO and managing director of PHS said: “We are thrilled to become the first Australian helicopter training school to integrate the Bell 505 into our program. The value and performance capabilities of the Bell 505 will complement our expanding fleet and tie in nicely to our ongoing commitment to being the most progressive and advanced helicopter company in the country.”

“We are delighted that Professional Helicopter Services has chosen the Bell 505 and will become the first helicopter training school in Australia to operate the aircraft,” said Sameer A. Rehman, Bell Helicopter’s managing director of Asia Pacific. “This signing reaffirms the ongoing demand for the Bell 505 with more than 380 letters of intent around the globe, and more than 130 of those in the Asia Pacific region alone.”

Mat Hardy, general manager of Helicopter Sales and Support at Hawker Pacific added: “Since 2001, it has been our honour to work with Bell Helicopter to provide their innovative, state-of-the-art aircraft to the region. We continue to see increased demand for Bell Helicopter aircraft in the region especially with the launch of exciting new products like the Bell 505.”

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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