Orders for AW-139 helicopters and a HoA for further 160 units in China
Contracts for 15 EMS-configured aircraft, for delivery between 2019 and 2021
Leonardo announced today that Sino-US Intercontinental Helicopter Investment (Sino-US) of China has signed contracts for 15 AW-139 intermediate twin engine helicopters. The announcement was made during the "China International Import Expo" in Shanghai in the presence of the Italian Deputy Prime Minister and Minister of Economic Development, Labour and Social Policies Luigi Di Maio. The aircraft, which will be delivered between 2019 and 2021, will be used by Kingwing General Aviation (Kingwing) to perform EMS (Emergency Medical Service) missions in China. These latest orders, strengthening the collaboration between Leonardo and Sino-US in China, build on existing contracts for EMS helicopters signed by Sino-US in recent years which include 34 AW-119Kx single engines, 24 AW-139s and 25 AW-109 Trekkers.
The companies also announced the signing of a Heads of Agreement (HoA) to further expand their long term relationship. Under the HoA, Sino-US is confirmed as the exclusive distributor of Leonardo helicopters in the Chinese civil and commercial helicopter market, with a purchase and delivery plan for 160 aircraft of various types throughout 2019-2023. The HoA also foresees the establishment of a Leonardo Authorised Training Academy in China in partnership with Sino-US, and the setup of a Completion and Customisation Centre managed by Sino-US with the capability to configure, customise and complete the helicopters delivered by Leonardo in-country. Leonardo and Sino-US started their successful collaboration in 2013 and the partnership is now entering a new phase of increased collaboration to ensure the continued support of the growing fleet in the country.
Over 185 Leonardo helicopters, of various types, have now been sold to Chinese customers for a range of both commercial and public services. This includes the Company maintaining its reference position in the EMS market with a 70% market share.
With further deliveries planned over the next few years, Chinese civil operator Kingwing will become one of the largest operators of Leonardo helicopters worldwide.
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