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Professional Helicopter Services signs letter of intent for three Bell 505 Jet Ranger X Helicopters

May 28, 2016 /

Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced today a signed letter of intent (LOI) with Professional Helicopter Services (PHS) for three Bell 505 Jet Ranger X helicopters while at the Australian Helicopter Industry Association’s Rotortech 2016. PHS will be the first helicopter training school in the region to operate the Bell 505.