
The tentative recovery in the turbine rotorcraft market achieved modest momentum in 2022, fueled mainly by rising demand in the civil and parapublic sectors, and more specifically, the private and business aviation sectors. That's according to the latest market analysis released on February 16 by Airbus Helicopters. Overall, new helicopter orders grew by only 2 percent last year to reach 1,082 units, but the European group now projects that more than 16,200 new helicopters will be delivered over the next 20 years with a combined value of €120 billion ($128 billion). This brighter outlook is prompting Airbus to increase investments to upgrade its product portfolio.
Announcing 2022 financial results for the Airbus Group last month, its rotorcraft division reported a 19 percent increase in earnings to €639 million on revenues that were up 8 percent 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.