Global deliveries of new civilian-use helicopters will increase five percent higher over the five-year period 2011 – 2015 according to projections in Honeywell’s 13th Turbine-Powered Civilian Helicopter Purchase Outlook report. Improved economic growth prospects in key markets, combined with new models offering increased customer value are key variables driving improved purchase expectations.
In the short term, lingering tight credit conditions combined with high inventories of used current production models for sale continue to dampen order intake. The China market could be a strong contributor to broader demand for rotorcraft as the country opens its airspace to civil helicopter operation and begins production of indigenously-designed civil turbine-powered rotorcraft.
For more information, read the press release.
