Used Helicopter Market Attains Shaky Hover | Aviation International News

Used Helicopter Market Attains Shaky Hover

Pandemic, falling energy prices, overhang used helicopter market.

As the rotorcraft market struggles, the helitour segment has been among the hardest hit during the Covid-19 pandemic, with operators such as Maverick forced to layoff works and others such as Sundance permanently closing their doors.

By Mark Huber • Contributor

March 18, 2021

For the first six months of 2020, it seemed that used helicopter prices were plummeting faster than a Maltese cliff diver.

The numbers coming out of 2020’s second quarter were abysmal. Soaring insurance rates, the global pandemic, and oil prices that collapsed to a record negative $37.63 per barrel—yes, people were paying you to take their oil—by April threw the worldwide commercial rotorcraft market into a miasma of unprecedented gloom.

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