Following the Helicopter Association International’s Heli-Expo on January 27 to 30, 2020, in Anaheim, California, Honeywell has released its latest Helicopter Purchase Outlook, in which operators are interviewed for their projected buying plans over the next 1 to 5 years. The survey, which collects information from more than 1,000 operators worldwide, is in its 22nd year.
Honeywell Releases 2020 Helicopter Purchase Outlook
Key Takeaways:
- Honeywell's 22nd annual Helicopter Purchase Outlook projects 4,100 new helicopter deliveries from 2020-2024.
- North American helicopter purchases are projected to decrease, while Europe and Latin America show higher expectations.
- Over half of projected purchases (51%) are expected in the near term (2020-2022), with an average of 795 new turbine-powered helicopters added yearly.
- Brand loyalty is a significant factor influencing helicopter purchasing decisions, with 88% of respondents citing it as a primary driver.
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