The tentative recovery in the turbine rotorcraft market achieved modest momentum in 2022, fueled mainly by rising demand in the civil and para-public market, and more specifically the private and business aviation sectors, according to the latest market analysis released on Thursday by Airbus Helicopters. Overall, helicopter orders grew by only 2 percent last year to reach 1,082 units, but the European group is now projecting that more than 16,200 new helicopters will be delivered over the next 20 years with a combined value of €120 billion.
Announcing 2022 financial results for the Airbus group on February 16, its rotorcraft division reported a 19 percent increase in earnings to €639 million ($684 million) on revenues that were 8 percent up at €7.1 billion. The company said these improvements reflected growth in income from services and “a favorable mix” in the performance of its various programs.
More In Finance, Taxes, Insurance
