ASG: Civil Turbine Helo Fleet Grows Despite O&G Woes
The medevac helicopter fleet has grown strongly while oil & gas fleet growth has been tempered.
The “seemingly never-ending” turmoil in the offshore oil and gas (O&G) market made for another tumultuous year in the Asian civil turbine rotary market in 2018, but the overall fleet size still expanded 4.6 percent thanks in part to growth in the medevac segment, according to Asian Sky Group (ASG, Booth A451).
In its latest Fleet Report covering the civil turbine helicopter market, ASG notes the fleet grew to 4,265 at the end of 2018. This 4.6 percent increase was up from 3.9 percent growth in the prior year as civil turbine helicopter deliveries increased by two to 150 and the number of additions through preowned sales increased by 34, also to 150. In addition, two fewer helicopters were taken out of the market in 2018 (113).
