Honeywell Aerospace is forecasting 4,000 new turbine helicopter deliveries over the next five years, according to the company's 21st annual Turbine-Powered Civil Helicopter Purchase Outlook released on the eve of Heli-Expo 2019. This is down 200 helicopters from its forecast last year. The latest outlook’s worldwide purchase plan rate is 15 percent, down 3.5 percent from last year, largely affected by economic and political uncertainty in some parts of the world, Honeywell said. Its forecast is based on a recent worldwide survey of more than 1,000 chief pilots and flight department managers of companies operating 3,334 turbine and 321 piston helicopters.
Still, the Phoenix-based supplier of aircraft engines, avionics, and cabin systems expects an annual helicopter delivery growth rate of between 3 and 4 percent from 2019 to 2023. In the first three years, that rate will be driven by new helicopter models coming to market, followed by more favorable exchange rates and higher oil prices in the last two years.
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