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Leonardo AW169 capabilities to grow with increased Gross Weight and 11 seat configuration

Rome, Italy, October 30, 2023 – The Leonardo S.p.A. (OTC: FINMY) AW169 light intermediate twin engine helicopter’s operational capabilities and range of options will grow further with the launch of a 5,100 kg (11,243 lb) IGW kit and an 11-seater configuration fully compliant with the IOGP (International Association of Oil & Gas Producers) Report 690. Both will be made available for the aircraft version with skid landing gear.

Compared to the standard 4,800 kg (10582 lb) Maximum Take-off Weight, the extra 300 kg (661 lb) available with the 5,100 kg IGW kit allows the embarkation of three more passengers or the addition of fuel for approximately one hour of operations. Existing operators of the type’s version with skids will be able to retrofit the 5,100 kg IGW kit to enhance their aircraft’s capabilities.

As an additional option, the 11-seater configuration, fully compliant with the IOGP Report 690 (Offshore Helicopter Recommended Practices), will introduce a new modular fuel tank system and two additional Type IV emergency exits in the cabin, increasing the total number from four to six. The 11 seats configuration will be available for the skid-fitted version in combination with the 5,100 kg IGW kit. This solution will allow the type to satisfy even more demanding offshore transport requirements in terms of payload, range, and compliance with IOGP latest standards.

This configuration will allow a radius of action of up to 75 nm with 11 passengers, therefore offering capabilities typically achievable with types with a MTOW exceeding 5.5 tons (intermediate class) at a light intermediate class cost of operations as well as granting latest safety standards compared with legacy helicopters. It will also deliver greater sustainability versus ageing types in the relevant weight category thanks to a more efficient powerplant, advanced navigation, modern support and maintenance approach, among other solutions. The Certification of the IGW increase is expected in 2024 while the 11-seater configuration with new modular fuel tank is planned for certification in 2026.

These latest operational capabilities will add to the EASA (European Aviation Safety Agency) certifications of the skid undercarriage and unique IFR, single pilot, Advanced Search and Rescue (SAR) Modes, both achieved in late 2022. With the skid configuration certification, the AW169 became the only modern CS29-certified aircraft able to offer all undercarriage solutions, further demonstrating the versatility by design of the type. The AW169 is also the only helicopter in its weight category that features Advanced SAR Modes. The performance increase packages previously developed had already enhanced engine performance and capabilities, transmission ratings and available payload through engine software updates and aircraft aerodynamics modifications, making the type the helicopter with the best power-to-weight ratio in its class.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

 

 

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Leonardo lands new helicopter contracts in Latin America at LABACE 2023

Sao Paulo, Brazil, August 10, 2023 – Leonardo (OTC: FINMY) confirms its leading position in the private helicopter transport market with new contracts in Latin America announced during official ceremonies held at LABACE 2023.

  • A distributor Agreement was signed at LABACE 2023 between Leonardo and Gruppomodena S.A. for the civil market in Uruguay and Argentina including, an order for two AW119Kx and an order for one AW109 GrandNew for a private operator in Brazil
  • Official distributor in Brazil for the AW09 latest generation single engine, Gualter Helicopters signs for three aircraft with private operators
  • Leonardo’s growth continues to leverage the Agusta brand’s exclusive solutions in the VIP/corporate market and through the new Service and Logistic Centre in Itapevi

Gruppomodena S.A. has been appointed official distributor of Leonardo helicopter types including the AW119Kx, AW109 legacy, AW169 and AW139 for the civil markets in Uruguay and Argentina. The distributor has also signed a contract for two AW119Kx single engine helicopters. A major player in Latin America for helicopter services, this partner is also an established operator of AW109 and AW139 helicopters for a range of roles including passenger transport, offshore transport, and rescue as well as an authorised service centre for the reference market. In addition, another private operator has placed an order for one AW109 GrandNew light twin engine helicopter, which will be operated in Brazil. All of these light helicopters announced at LABACE will feature customised VIP interiors and will be used for private/corporate transport in the relevant locations. 

Furthermore, Leonardo’s distributor for the latest generation AW09 single engine model in Brazil, Gualter Helicopters (Aero Service Representação) has signed contracts for three aircraft for executive transport with three different end-users in the country. These latest achievements for the AW09 in Brazil come two months after the appointment of Gualter Helicopters, which had signed preliminary sales contracts for 20 units in March, providing evidence of the already anticipated strong interest from potential operators in acquiring the new type. Acquired three years ago by Leonardo, the AW09 perfectly complements Leonardo’s product range in the Long Light Single segment, introducing an all-new design aircraft to sustain long-term competitive positioning in this weight category. 

With a 45% share over the last ten years, Leonardo is the world leader in the twin-engine VIP/corporate helicopter market including private, charter and VVIP/Government transport services, thanks to the most modern and largest product range. More than 900 Leonardo VIP/corporate helicopters are flying today globally, approximately 25% are based in Latin America. Leonardo is also leveraging the Agusta brand for today’s and future VIP market initiatives. This brand exemplifies the unique combination of best in class performance, latest technology, comfort and Italian style widely recognised in the market for Leonardo’s VIP-configured helicopters, delivering a unique service and flight experience. Moreover, operators benefit from the all new Service and Logistic Centre in Itapevi (São Paulo), which has allowed to further increase the level of quality localised technical assistance over the last two years, with the potential for a future expansion.

First Leonardo AW109 Trekker VIP for Europe Debuts at Monaco Yacht Show

  • The first VIP AW109 Trekker for the European market is destined for the United Kingdom where Leonardo has a fleet of almost 100 VIP helicopters
  • Leonardo has a global fleet of over 830 VIP helicopters performing private, charter, scheduled, corporate transport, air-taxi, tourism and VVIP transport 
  • With skids and high levels of customization, the AW109 Trekker is slated to increase Leonardo’s impressive VIP market share (44% in twin engines) 

The first Leonardo AW109 VIP Trekker helicopter for a European customer debuts today at the Monaco Yacht Show – Leonardo stand QA13 / Quai Antoine 1er. The Monaco Yacht Show (25 to 28 September) is one of the most important international luxury yacht showcases. After the show, the VIP Trekker will fly to the United Kingdom for delivery thanks to Sloane Helicopters, Leonardo’s distributor for over twenty years in the United Kingdom and Ireland. The privately-owned aircraft will be operated by Apollo Air Services, available for VIP charter market. 

The AW109 Trekker is the newest model within Leonardo’s light twin-engine helicopter range. The Trekker joins a fleet of Leonardo VIP helicopters that lead the UK and Irish market: almost 100 aircraft with nearly 90% represented by the AW109 series (Power, Grand and GrandNew). This market is second only to Brazil where about 130 Leonardo VIP helicopters fly amongst 400 San Paolo helipads. 

The helicopter maker and the distinguished Italian Style of its VIP helicopter design are embraced around the world, boasting a 44% global share in the twin-engine VIP helicopter market.  The Company’s fleet of 2,300 civil helicopters are used for law enforcement, offshore transport, utilities, search and rescue and VIP / corporate transport. More than 830 aircraft carry out a range pf passenger transport missions including private, charter, scheduled flights, corporate, air-taxi, tourism, VVIP. 

Leonardo’s VIP helicopter models all share a strong commitment to high performance, versatility, safety, reliability, support and training services, design and a high level of customization. The Company features the largest range of executive, corporate and government transport helicopters including the AW119Kx single engine 1.8 tonne, the AW109 series, the AW169, AW139, AW189 and the three-engine 16 tonne.   

With the AW109 Trekker Leonardo is destined to increase its notable market share, thanks to features that combine the qualities of the AW109 Grand—long recognized by operators—including its spacious cabin, state-of-the-art Genesys Aerosystems avionics and skids, particularly suitable for landing on yachts. The combination is unmatched in terms of cost/effectiveness, technology and performance. 

Sloane Helicopters will be maintaining two AW109 Trekkers in UK. Building on the qualities that have made the AW109 series the benchmark helicopters in its category, Sloane will be performing demonstration flights with the new Leonardo light twin inviting operators to learn more about its unique characteristics.   

NOTE TO EDITORS ON THE AW109 TREKKER VIP

The AW109 Trekker combines excellent performance, the latest technology and high safety standards to provide customers an ideal combination of comfort and capabilities. The finest materials and the highest levels of craftsmanship give the helicopter a unique style and ensure passengers a pleasant journey.

The AW109 Trekker is equipped with a latest generation Genesys Aerosystems glass cockpit that can be configured according to customer needs: one or two pilots, VFR or IFR.

The large and bright cabin can be configured in a variety of layouts and boasts an effective soundproofing system to offer passengers an extremely pleasant flight. Large sliding doors on both sides ensure easy entry and exit, while the luggage compartment offers high load capacity.

It can carry 6/7 passengers and has a maximum take-off weight of 3.175 kg. Over 60 AW109 Trekkers have already been sold to customers around the world to date for multiple missions such as VIP transport, offshore, utilities, EMS / SAR, law enforcement.