HeliVert Joint venture
HeliVert to supply three VIP-model AW139 to Exclases Russia
12.09.2014 / Moscow

HeliVert, a joint venture between Russian Helicopters (part of State Corporation Rostec) and AgustaWestland, has signed a memorandum of understanding with Exclases Russia for three AW139 helicopters in VIP configuration. The aircraft will be assembled at HeliVert and delivered in a time-frame set out in a contract to be signed in the near future. HeliVert and Exclases previously signed a contract for five helicopters in May 2013 that is being fulfilled to schedule.

The commercial AW139 is available in various configurations including VIP, passenger transport for 12-15 people, cargo transportation, standard and emergency rescue. It has a cruising speed of 306 km/h, maximum range of 927 km and flying time of up to 5 hours. The AW139 is fitted with two Pratt & Whitney Canada PT6C-67C turboshaft engines that deliver 1,679 hp. The first AW139 assembled in Russia made its debut flight in December 2012. Aircraft produced at HeliVert are marketed to customers across Russia and other CIS countries. They can also be equipped with Russian-produced components to meet the demands of state bodies and operating companies.

“The medium AW139 sets the standards for its class both in terms of flight capabilities and in terms of the number of aircraft that have been supplied to the global market,” HeliVert CEO Alexander Kuznetsov said. “The new agreement with Exclases Russia illustrates that the Russian market is continuing to discover the potential of this helicopter.”

HeliVert is located at Russian Helicopters’ National Helicopter Development Centre (NHDC). It was built from scratch, and today is one of the most advanced facilities of its type in Russia. Production of the AW139 in Russia began according to plan in 2012, and HeliVert plans to meet growing demand for the AW139 in Russia and other CIS markets.

HeliVert is a joint venture between Russian Helicopters and AgustaWestland. HeliVert is building and managing an assembly plant to produce the AW-139, a medium twin-engined civilian helicopter, in Russia, with the primary goal of meeting market demand in Russia and the CIS.

AgustaWestland, a Finmeccanica company, is a major force in commercial and military helicopter markets around the world and offers an unrivalled range of helicopters, training and support solutions to satisfy customer's mission requirements. AgustaWestland's main facilities are located in Italy, the United Kingdom, Poland and the United States of America.

Russian Helicopters, JSC (part of State Corporation Rostec) is one of the global leaders in helicopter production and the only helicopter design and production powerhouse in Russia. Russian Helicopters is headquartered in Moscow. The company comprises five helicopter production facilities, two design bureaus, a spare parts production and repair facility, as well as an aftersale service branch responsible for maintenance and repair in Russia and all over the world. Its helicopters are popular among Russian ministries and state authorities (Ministry of Defence, Ministry of Internal Affairs, Emergency Control Ministry), operators (Gazpromavia, UTair), major Russian corporations. Over 8000 helicopters of Soviet/Russian make are operated in 110 countries worldwide. Traditionally the demand is highest in the Middle East, Africa, Asia-Pacific, Latin America, Russia, and CIS countries. Russian Helicopters was established in 2007. In 2013 its IFRS revenues increased 10% to RUB 138.3 billion. Deliveries reached 275 helicopters.

State Corporation Rostec is a Russian corporation founded in 2007 for the purpose of promoting the development, production and export of hi-tech civilian and military industry products. It comprises 663 organizations, nine of which have now been formed as holding companies of the military-industrial complex and five of them are involved in civil industries. Rostec’s organizations are located in 60 constituent entities of the Russian Federation and supply their products to the markets of more than 70 countries. The revenue of Rostec in 2013 amounted to RUB 1, 04 trillion, with net profit of RUB 40 billion. The tax deductions into the treasuries at all levels exceeded RUB 138 billion.