Asian helicopter market is set to outstrip U.S.
Eurocopter’s revenues in Asia grew by 58 percent in 2009, to ?896 million ($1.25 billion)–20 percent of the group’s total.

Eurocopter’s revenues in Asia grew by 58 percent in 2009, to ?896 million ($1.25 billion)–20 percent of the group’s total. In fact, CEO Lutz Bertling is so optimistic that on Tuesday here at the show he predicted the Asian helicopter market one day will be the size of that of the U.S., which today ranks first by far. “Growth rates here in the region are impressive, and in China and India–two potentially huge markets–are impeded only by regulation,” he said.

Asia saw a decline in demand for light helicopters in 2009 as did the rest of the world, but it was offset by a greater demand for medium-size models. This resulted in a steady ?504 million ($700 million) in orders. This year is predicted to be a very good one and is off to an auspicious start after contracts were signed in January, another official said.

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