Demand for helicopters in India down: Honeywell report | India News
MUMBAI: American multinational conglomerate Honeywell has forecast that four,000 to four,200 new civilian-use helicopters shall be delivered from 2018 to 2022 globally. Within the Asia Pacific area, total shopping for plans have been up 1 share level when in comparison with 2017, however not so in India, stated Honeywell in its annual “Turbine-Powered Civil helicopter Buy Outlook 2018”.
“Greater than 18 p.c of respondents stated they might both exchange or develop their fleet with a brand new helicopter over the subsequent 5 years,” stated an announcement issued by Honeywell. In Asia-Pacific, mild single-engine and medium twin-engine helicopters have been the preferred lessons, each capturing about 35 p.c of mentions for brand new helicopters. “Regardless of restricted inputs, new helicopter buy plans have been up by 9 share factors in China, rising to greater than 21 p.c when in comparison with final yr’s outcomes. Plans have been down by greater than 40 share factors in India,” it added.
“The 2018 outlook presents a snapshot of the helicopter enterprise at a given cut-off date and displays the present enterprise and political setting. This yr’s information comes from a survey of greater than 1,000 chief pilots and flight division managers of corporations working three,489 turbine and 334 piston helicopters worldwide,” stated Honeywell. The survey excluded massive fleet or “mega” operators, which have been addressed individually. Enter acquired from massive oil and fuel help and emergency medical service fleet operators is factored into the general outlook along with the person flight division responses, it added.
“Along with higher world financial situations anticipated within the coming years, potential optimistic impacts of US tax reform on new helicopter demand and decrease volatility in oil and gas-related markets have helped fleet managers verify what they instructed us final yr,” stated Ben Driggs, president, Americas, Honeywell Aerospace.
The important thing survey findings this yr have been that helicopter fleet utilisation is predicted to extend considerably in North America and modestly in Europe and Latin America over the subsequent 12 months and when selecting their make and mannequin, operators buying new plane are largely contemplating components like model expertise and efficiency, with cabin measurement and vary components declining from final yr’s survey.