Rotorcraft
Honeywell Lowers Rotorcraft Delivery Forecast
In its annual survey of rotorcraft operators, the company noted that new purchase-plan rates for the next five years were lowered globally.

In the latest edition of its Turbine–Powered Civil Helicopter Purchase Outlook, Honeywell Aerospace downgraded its delivery totals from last year’s forecast by roughly 400 units. Released today at Heli-Expo in Dallas, the results for the 19th annual survey reflect the slow global economic growth environment and volatility in oil and gas markets, which are fostering a cautious worldwide outlook for near-term new purchases despite “generally increasing” fleet utilization. Those usage rates are expected to improve significantly in North and Latin America over the course of the year, with a moderate rise in Europe, and 2017 deliveries are anticipated to increase modestly over 2016’s totals.

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