In its 21st annual “Turbine-Powered Civil Helicopter Purchase Outlook,” Honeywell forecasts 4,000 new civilian-use helicopters will be delivered from 2019 to 2023, marginally lower than the 4,200 cited in the five-year forecast from 2018.
Honeywell Forecasts 4,000 New Helicopter Deliveries Over the Next Five Years
Key Takeaways:
- Honeywell forecasts 4,000 new civilian helicopter deliveries from 2019-2023, a marginal decrease from the prior year's outlook.
- North American operators anticipate higher fleet utilization, with strong purchase plans from law enforcement and oil/gas, but significantly lower from corporate operators.
- Planned new helicopter purchases show a shift towards intermediate/medium twin-engine models over light twin-engine models.
- Despite a less positive global economic outlook, the market is poised for moderate annual growth (3-4%) in deliveries, signaling overall health.
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