Posts tagged ‘Airbus Helicopters’

22/10/2014

Airbus Helicopters expects China to become biggest market by 2020 | Reuters

Airbus Helicopters, the world’s largest civil helicopter maker, expects China and Hong Kong to become its biggest global market within six years as Beijing starts to lift restrictions on the use of low altitude airspace from 2015.

A general view of an EC145 helicopter being assembled at the Airbus production facility in Donauwoerth, Southern Germany October 9, 2014.    REUTERS/Michaela Rehle

The Airbus Group NV’s (AIR.PA) helicopter division expects to increase its annual sales in China to 150 units by 2020 from around 30-40 helicopters now, its China president Norbert Ducrot told Reuters.

Sales in the United States, the firm’s biggest market, average around 120-150 aircraft per year.

“The China market is very small with a big potential,” Ducrot said in an interview in Beijing. “I am pretty sure around 2020, China will be the first market for Airbus Helicopters.”

“Before (our customers) were mostly state companies, police and fire fighting, but now we can see the emergence of civil private helicopter operators,” he added.

China simplified flight approval procedures for private aircraft late last year, but the fledgling market for helicopters and small aircraft has been constrained by the military’s control of low altitude airspace.

A dearth of small airports, maintenance facilities, mechanics and pilots have also hampered the sector’s growth.

Ducrot said he expects demand for helicopters and small aircraft to pick up gradually when China starts to open up its low altitude airspace next year.

As infrastructure improves and the military opens up more airspace by 2020, Ducrot estimates there will be 50,000 helicopters in China over the next 30 years. There are only about 330 helicopters currently in operation in China, including Hong Kong.

via Airbus Helicopters expects China to become biggest market by 2020 | Reuters.

09/07/2014

China signs deal to purchase 123 Airbus helicopters | Reuters

Airbus Group NV’s (AIR.PA) helicopter division sealed a $600 million deal on Monday to sell 123 helicopters to Chinese companies during a visit by German Chancellor Angela Merkel.

The logo of Airbus Group, Europe's largest aerospace group, is pictured in front of the company headquarters building in Ottobrunn, near Munich February 26, 2014.  REUTERS/Michaela Rehle

The orders, including both light single-engine helicopters from Airbus Helicopters’ Ecureuil family and the light twin-engine EC135, are being placed by three Chinese general aviation service providers, the company said.

The deal is among the biggest since China recently relaxed restrictions on low-altitude flying in its mainly military-controlled airspace.

The easing of controls has fueled projections of a sharp increase of orders to fill a gap in one of the world’s major untapped markets for helicopters and general aviation.

“We think these first sizeable contracts are signals that this market is starting to take off,” said Guillaume Faury, chief executive of Airbus Helicopters.

“Today there are 350 civil helicopters flying in China. In Europe there are 10,0000 and in the U.S. there are 12,000. Therefore the market potential for helicopters in China is huge,” he said in a telephone interview.

China currently buys about 50 helicopters a year out of an annual global market for 800 civilian helicopters, according to estimates by Airbus Helicopters, formerly known as Eurocopter.

By 2020, its purchases are expected to quadruple to 200 a year and by then, instead of 6-7 percent of the global market, it is expected to make up 20 percent of demand, Faury said.

via China signs deal to purchase 123 Airbus helicopters | Reuters.

Law of Unintended Consequences

continuously updated blog about China & India

ChiaHou's Book Reviews

continuously updated blog about China & India

What's wrong with the world; and its economy

continuously updated blog about China & India