Sino-US Intercontinental Helicopter Investment

All posts tagged Sino-US Intercontinental Helicopter Investment

Leonardo Helicopters PRESS RELEASE – 19 June 2017

LEONARDO AND SINO-US INTERCONTINENTAL SIGN CONTRACT FOR 17 HELICOPTERS AND STRENGTHEN THE PARTNERSHIP IN THE CHINESE MARKET.

  • Contract for 17 helicopters comprising 2 AW119Kx, 10 AW109 Trekker and 5 AW139 models valued in excess of €100 million with deliveries starting this year
  • Sino-US Intercontinental becomes the exclusive Leonardo Helicopters distributor for the Chinese civil, commercial and offshore helicopter market (including Hong Kong and Macau)
  • Nearly 200 helicopters have been sold in China to date, half of them to Sino-US Intercontinental

Leonardo and Sino-US Intercontinental Helicopter Investment (Shanghai) Co., Ltd. announced today a further reinforcement of their strategic cooperation in the Chinese helicopter market. During an official ceremony held at the Paris Air Show, the parties announced the signing of a contract for the purchase of 17 helicopters comprising 2 AW119Kxsingle engine, 10 AW109 Trekker light twin and 5 AW139 intermediate twin engine models. The order is valued in excess of €100 million, with deliveries starting later this year.

The contract was signed in the framework of a Distributorship Agreement renewal, which also foresees the purchase of additional aircraft in the next three years, and makes Sino-US Intercontinental the exclusive distributor for the Chinese civil, commercial and offshore helicopter market (including Hong Kong and Macau). Furthermore, the exclusivity under the Distributorship Agreement will be extended to the entire Chinese helicopter market no later than mid-2019. The parties are also committed to strengthening the level of after-sales service with joint efforts aimed at establishing a completion centre and additional local training services, providing further evidence of the intention of Leonardo to deliver the best level of support to the benefit of the growing helicopter fleet in China.

Sino-US Intercontinental has so far placed orders for nearly 100 helicopters comprising AW119Kx, GrandNew, AW109 Trekker, AW169, AW139 and AW189 and has established the largest EMS (Emergency Medical Service) helicopter programme nationwide in China. The presence of Leonardo in China grows stronger with almost 200 helicopters sold to Chinese customers to date for commercial and public services. The growing fleet is supported by an increased customer support presence, recently enhanced by the opening of a major warehouse facility in Shanghai.

PRESS RELEASE – 14 December 2016

LEONARDO: CONTRACT FOR ADDITIONAL 30 EMS HELICOPTERS SETS LARGEST EMS PROGRAMME IN CHINA.

  • The contract signed with Sino-US includes the AW139 and AW169 types
  • The helicopters will be delivered in 2017 and will be operated by KingWing
  • Order follows contract for 25 AW119Kx in early 2016
  • More than 180 Leonardo helicopters of various types have been sold to Chinese customers to date for a range of commercial and public service duties

Leonardo-Finmeccanica and Chinese company Sino-US Intercontinental Helicopter Investment announced today the signature of a contract for 30 helicopters in EMS (Emergency Medical Service) configuration comprising the AgustaWestland AW139 intermediate and AW169 light intermediate twin engine models. The aircraft are expected to be delivered in 2017 and will be operated by Kingwing General Aviation, the parent company of Sino-US.

With this contract, the presence of Leonardo in China grows stronger with more than 180 helicopters sold to Chinese customers to date, and with 2016 setting a new record with more than 20 helicopters delivered to Chinathis year. The order follows a contract signed by Sino-US earlier this year for 25 AW119Kx helicopters which paved the path for the establishment of the largest EMS helicopter programme nationwide in China. Sino-US Intercontinental has so far placed orders for over 80 helicopters comprising AW119Kx, GrandNew, AW169, AW139and AW189 models. The growing fleet is reinforced by a similarly growing customer support presence, recently confirmed by the opening of a major warehouse facility in Shanghai.