Eurocopter has $1B day as EC 175 orders pour in
Eurocopter closed out the second day of Heli-Expo 2008 with new firm orders and options for more than 200 helicopters with a total value estimated in exces

Eurocopter closed out the second day of Heli-Expo 2008 with new firm orders and options for more than 200 helicopters with a total value estimated in excess of $1 billion. The company’s firm orders alone were in the neighborhood $850 million, substantially more than the $732 million for all OEM firm commitments disclosed at Heli-Expo’07.

Eurocopter president and CEO Lutz Bertling had no difficulty smiling when he announced that of the total firm orders and options taken at show through the first two days, exactly 100 were for the company’s new EC 175, on public display for the first time in mockup form at the Eurocopter booth (No. 631). Based on the low-end
of reported pricing, the total value of the EC 175 sales booked here would easily top the $750 million mark.