Honeywell Forecasts 4,000 To 4,200 New Civil Helicopter Deliveries Over Next Five Years

In its 20th annual "Turbine-Powered Civil Helicopter Purchase Outlook," released in late February 2018, Honeywell forecasts 4,000 to 4,200 new civilian-use helicopters will be delivered from 2018 to 2022. Honeywell says they feel a better long-term global economic outlook this year means customers are holding firm in their intentions to invest in new helicopter purchases.

"In addition to better global economic conditions expected in the coming years, potential positive impacts of U.S. tax reform on new helicopter demand and lower volatility in oil and gas-related markets have helped fleet managers confirm what they told us last year," Ben Driggs, president, Honeywell Aerospace, Americas says. "With the expectation of stable purchase plans for new helicopters over the next five years, Honeywell is focused on bringing increased value to operators' current and new fleets by offering Connected Helicopter engine, Health and Usage Monitoring Systems, and avionics solutions that help boost a platform's efficiency and availability."

Key survey findings this year include:

The next 12 months, helicopter fleet utilization is expected to increase significantly in North America and modestly in Europe and Latin America. Operators purchasing new aircraft are largely considering factors like brand experience and performance when choosing make and model. The outlook showed stable new purchase-plan rates for the next five years for North America, Europe and Asia. Latin America showed higher growth rates for the next five years with lower rates in the Middle East and Africa.