Press Release

Issued by Leonardo Helicopters.

February 28, 2018

Leonardo announced today that Sino-US Intercontinental Helicopter Investment (Sino-US) of China has signed contracts for additional 26 helicopters, including seven AW119Kx single engine, 15 AW109 Trekker light twins and four AW139 intermediate twins with deliveries expected to start this year through to 2019. The contracts are valued in excess of 120 million euro.

The orders follow a series of contracts, particularly for EMS helicopters, signed by Sino-US in recent years which include 25 AW119Kx single engines and a mix of 30 AW139s and AW169s in 2016, followed by 10 AW109 Trekkers in 2017. These latest orders strengthen the collaboration between Leonardo Helicopter and Sino-US in China, including Hong Kong and Macau.

The presence of Leonardo in China grows stronger with more than 200 helicopters sold to Chinese customers of various types to date for a range of both commercial and public services, while maintaining its leading role in the EMS market. Leonardo has set a new yearly delivery record in the Chinese market with 30 units in 2017. With further deliveries planned in the next couple of years, Chinese civil operator Kingwing would become one of the largest for Leonardo helicopters worldwide.

Sino-US Intercontinental, as Leonardo Helicopter's exclusive distributor in Chinese commercial and civil market, has so far placed orders for over 110 helicopters comprising AW119Kx, GrandNew, AW109 Trekker, AW169, AW139 and AW189 helicopters. Kingwing is a CAAC (Civil Aviation Administration of China) certified Class-A general aviation company and has already been appointed as the authorized service center for the AW139, AW109 series and AW119Kx. Established in 2006, Kingwing, as one of the leading general aviation companies in China, has signed collaboration agreements with many hospitals and emergency centers across China, and continued its rapid expansion across China.