Global five year demand is split almost 50-50 between the Americas and rest of the world involving an increase of almost 5,000-5,500 machines. Latin America and Asia will continue to have highest fleet replacement and expansion expectations and remain the world’s third largest regional market, following North America and Europe. Drivers for these expectations are aircraft age and condition, contractual requirements, expiring warranties and regulations requiring twin engines (off shore operations).
This is further supported by the fact that the helicopter usage for corporate, oil and gas, utility and training is increasing manifold in these regions making the helicopter a value add in the current business environment.
Helicopter market - India
India’s civil aviation market is today among the fastest growing in the world, but helicopter use remains very limited. From the time the first civil helicopter....
