Honeywell Offers Mixed Forecast for New Helicopter Sales

Honeywell’s 14th annual Turbine-Powered Civilian Helicopter Purchase Outlook report was released today and there was little in it that encourages breaking out the champagne or ordering a new Bentley. In short, it was a mixed review: in general, not so good in the short term, not so bad in the long.

While recent order rates have been healthy and near-term purchase plans remain strong, lingering tight credit conditions and significant inventories of used production models for sale continue to cast a pall on the industry.