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 2020 Helicopter Purchase Outlook projects 4,100 new helicopter deliveries from 2020-2024, with lower expectations in North America balanced by higher ones in Europe and Latin America.
- More than half of these purchases are anticipated in the near term (2020-2022), alongside a significant 12% increase in helicopter utilization from 2018 to 2019, projected to continue rising.
- Brand loyalty remains a critical factor, influencing 88% of operators' future helicopter purchasing decisions.
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