Subscribe Free
in General Aviation

Honeywell five year forecast reflects slow growth

Posted 9 March 2016 · Add Comment

Honeywell has forecast that 4,300 to 4,800 civilian-use helicopters will be delivered in the next five years, 400 lower than 2015 five-year forecast.

In its forecast, Honeywell showed Africa and the Middle East as having the second-highest new purchase rate among the regions.
 
Around 30 percent of respondent fleets in the region are slated for turnover with a new helicopter replacement or addition, and more than 60 percent of the planned new helicopter purchases are intermediate and medium twin-engine models.
 
In contrast, heavy multi-engine models are shown to be underrepresented in the forecast, however, this is due to the absence of input from large oil and gas operators in the region.
 
“Even in a slower growth environment, Honeywell is well-positioned to help operators keep current fleets lasting longer with aftermarket upgrades and repairs,” said Carey Smith, president, Defense and Space at Honeywell Aerospace.
 
Overall, Honeywell found that new purchase-plan rates remained stable, but operators cited less new model purchases over the five-year period, but these purchases reflected those of 2015, with choices for new aircraft strongly influenced by range, cabin size, performance, technology upgrades and brand experience.  
* required field

Post a comment

Other Stories
Advertisement
Latest News

UAE Space Agency and Algerian Space Agency strengthen ties

The UAE Space Agency has signed a Memorandum of Understanding with its Algerian counterpart the Algerian Space Agency.

Etihad Airways and Jet Airways sign agreement with Government of Maharashtra

Etihad Airways and strategic partner Jet Airways, India's full-service premium international carrier, have signed an agreement with the Government of Maharashtra to promote tourism to the western Indian state.

Flydubai named Best Low-Cost Airline serving the Middle East

Flydubai was named “Best Low-Cost Airline serving the Middle East” at the 2017 Business Traveller Middle East Awards held in Dubai on 23 April.

Gulf Air Appoints VFS Global to Provide Visas for Bahrain Visitors

Gulf Air has partnered with VFS Global, the largest visa service provider in the world, to facilitate visa issuance for passengers flying to Bahrain. The online visa facility will launch this summer on gulfair.com.

Emirates wins four awards at Business Traveller Middle East 2017

Emirates Airlines won four accolades at the ‎Business Traveller Middle East 2017 Awards this week.

Boeing reports first-quarter results

The Boeing Company reported higher first-quarter earnings and operating cash flow compared to the previous year, driven by solid execution on production programmes and services.

TAA SK 12MTHS16
See us at
AIME BT1204240118Airport Show Dubai BT 2017EBACE17 BT0103240517