Date: Issue 69 - August 2016
According to the Honeywell’s projections for the future, the procurements would be steadily increasing in the period of next five years while the new model procurements would be relatively less in total and the procurement plans of the Latin America region would strengthen.The interest towards the light twin engine helicopters is expected to increase in the upcoming period taking the analysis into consideration.
The helicopter industry responds to this case with a cautious projection for the new procurements in the short run taking the decelerated global economic growth atmosphere and the increasing market fluctuations related with the oil and gas. According to Honeywell’s 18th Annual Turbine Engine Civil Helicopter Procurement projection, 4.300 – 4.800 helicopters for civil uses will be produced from 2016 to 2020 and it is observed that this figure is 400 helicopters lower than the five – year projection figure of 2015.