Story ID: 3030613alerts
Honeywell Helicopter Forecast Shows Robust Demand
By: James Wynbrandt
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Word Count: 218
Worldwide deliveries of new civil helicopters will total between 4,900 and 5,600 units over the next five years, according to the results of Honeywell’s 15 annual Turbine-Powered Civil Helicopter Purchase Outlook survey, which was released this week at Heli-Expo 2013. The forecast shows strong demand focused in the first three years of the period and reflected in every region of the world. This means that demand in 2016 and 2017 will determine whether the low or high-range of the forecast is realized.
  
The U.S. and Canada are expected to account for 27 percent of the purchases, while Europe will absorb 28 percent. Latin and South America will account for 20 percent, Asia/Oceana 19 percent and Africa/Middle East will account for 6 percent of new helicopter deliveries, Honeywell said.
  
“The buyer confidence reflected in this year’s survey is a much-needed shot in the arm for the industry,” said Brian Sill, vice president, Honeywell aftermarket helicopter sales. “Supporting the growth numbers is the fact that helicopter usage for corporate, oil and gas, utility and training missions is improving, which shows that helicopters are value-add aircraft in today’s business environment.”
  
The results of this year’s survey are based on queries to more than 1,000 chief pilots and flight department managers of companies operating 2,400 turbine and 275 piston helicopters worldwide.