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Thu, Apr 26, 2018

Safran Signs By-The-Hour Support Contracts

Papillon Grand Canyon Helicopters And Rainier Heli International Ink Deals

Safran has finalized agreements with Papillon Grand Canyon Helicopters and Rainier Heli International for By-The-Hour support contracts.

Each contract formalizes a seven year Maintenance, Repair, and Overhaul (MRO) agreement supporting a total of 16 Arriel 2D engines for Papillon with an additional three engines added over the next two months and six engines for Rainier with one additional engine this spring.

"It is with great pride that Safran Helicopter Engines enters into these partnerships with Papillon and Rainier," said Thierry Derrien, President & CEO of Safran Helicopter Engines USA. "We appreciate the opportunity to provide this support solution for their H125 and H130 helicopters. Delivering best-in-class solutions is a top priority for Safran and we are delighted with the progress of our collaborations."

SBH (Support-By-the-Hour) is a comprehensive "pay as you fly" service solution that provides financial stability through a process of predicting through-life scheduled and unscheduled maintenance costs, and smooths cash flow based on a fixed cost per engine flight-hour.

"Papillon, Rainier, and Safran Helicopter Engines USA have been working towards this mutual goal for a very long time and we are pleased to have finalized this Agreement that will be a benefit to both parties," said Lon Halvorson, Principal, Papillon Airways, Inc (PAI) and President and CEO, Rainier Heli International (RHI).

(Image provided with Safran news release)

FMI: www.safran-group.com

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