Friday, September 6, 2013
AgustaWestland Inks Sino-US Deal for Chinese Distribution
Agreement includes the purchase of 20 helicopters made up of AW189, AW139, AW169, GrandNew and AW119Ke variants.
AgustaWestland has reached a distributorship agreement at the China Helicopter International Exhibition, making Sino-US its non-exclusive distributor of civil helicopters in China. The agreement excludes sales of helicopters in Hong Kong and Macau, and includes orders for 20 helicopters valued at $223 million. The two companies signed a preliminary agreement for the helicopter order at the Paris Air Show in June 2013, which consists of AW119Ke single engine, GrandNew light twin, AW169, AW139 and AW189 helicopters.
Display at the China Helicopter Show. Photos courtesy AgustaWestland
Sino-US, a Shanghai Zenisun Investment Group subsidiary, will look to introduce the new generation of AgustaWestland helicopters into the Chinese civil helicopter market, a market that AgustaWestland's senior vice president, Emilio Dalmasso calls "increasingly important." Both companies are pursuing a variety of mission requirements, including VIP transport duties.
Related: Commercial Helicopter News