Helicopter Market Survey

Transcription

1 Helicopter Market Survey photo credit: HeliRussia May

2 Helicopter Deliveries civil helicopter outlook 18th world wide survey covering 1000 operators covering ~13% of the global turbine fleet We expect 4,000 to 4,500 new helicopter deliveries from Average of 805 new turbine-powered helicopters per year Fleet replacement and expansion expectations generally flat - Large Fleet operator demand remains muted in near term - Expectations fell in N. America, Europe and Asia - Purchase plans rose in Latin America, fell in China - Latin America claims highest 5 year fleet replacement and expansion percentage this year - Purchase plans in Brazil & India well above world average Near term outlook ( ): - 58% of all 5 year purchases planned from Leading reasons for new aircraft purchase: - Aircraft age/condition, operating costs/safety - Contractual replacement requirements, - Improved range - Cabin size optimized for evolving missions - Performance gains - speed, payload, altitude ~4,300 ~4,000-4, deliveries down YOY with 5 year outlook lower 2 HONEYWELL - CONFIDENTIAL File Number

3 Fleet Replacement and Addition (%) 11% 17% 18% 18% 19% 21% 19% 19% 22% 21% 25% 26% 25% 23% 25% 28% 30% World fleet replacement and expansion plans 35% 30% 25% 20% 15% 10% 5% 0% Most recent new helicopter 5 year purchase plans slightly down 3 HONEYWELL - CONFIDENTIAL File Number

4 Fleet Replacement & Expansion Plans New helicopter purchase plans by region 70% 60% 50% 40% 30% 20% 10% % North America Europe Latin America Asia Middle East / Africa Purchase plans up in Latin America, slightly down everywhere else 4 HONEYWELL - CONFIDENTIAL File Number

5 Five year demand for new helicopters by region Middle East / Africa 9% 2015 Asia 14% Europe 24% Latin America 19% North America 34% Middle East / Africa 9% Asia 13% Europe 24% North America 29% Latin America 25% Americas account for 54% of global demand 5 HONEYWELL - CONFIDENTIAL File Number

6 Value of purchasing plans by region Americas account for 44% of world value 6 HONEYWELL - CONFIDENTIAL File Number

7 Five year purchase mentions by class 2015 Twin share increased on interest for Bell 429 and Airbus H135 7 HONEYWELL - CONFIDENTIAL File Number

8 Five Year Fleet Replacement and Expansion Expectations for New Turbine-Powered Helicopters by Size Category Helicopter class preference over time World 45.1% 46.9% 40.7% 48.9% 44.8% 20.9% 31.1% 24.6% 24.5% 25.8% 24.6% 18.6% 33.0% 30.6% 27.8% 2.9% 3.9% 1.7% 1.9% 1.5% U.S. / Canada Single-Engine Intermediate/Medium Heavy Five Year Fleet Replacement and Expansion Expectations for Surv ey Year New Turbine-Powered Helicopters by Size Category Europe 54.8% 61.8% 61.4% 65.2% 60.3% 38.0% 39.4% 19.2% 21.2% 36.1% 37.0% 36.5% 38.0% 36.6% 37.8% 15.8% 16.3% 12.1% 22.1% 18.2% 26.0% 22.0% 17.1% 22.5% 26.5% 41.0% 44.8% 19.1% 23.4% 25.7% Single-Engine Single-Engine Intermediate/Medium Intermediate/Medium 2.0% 1.4% 0.8% Heavy Heavy Surv ey Year twin engine aircraft experience increased interest Latin America / Caribbean 8 HONEYWELL - CONFIDENTIAL File Number

9 Operator s reasons for model choice Reasons for Model Choice Operators Worldwide The respondents are asked, What makes this model the best choice for replacement of you Range 85.0% Meets Curren Need for Lon Cabin S ize Cabin Com for t/am enities 0.9% 85.9% Meets Curren Sm aller Larger P er for m ance New(er ) Technology Br and E xper ience/p r efer ence 36.7% 60.6% 60.4% Speed Payload MTOW Endurance DOC/Fuel Bu HOGE/HIGE Hook Load Em issions Noise SHP Appear ance P r oduct S uppor t 9.7% Engines Airfram e Avionics Bre Other 6.0% P ercent of respondents planning to replace a current aircraft (either new or used). A llows for Multiple Responses. B Level of Servi Parts Availab Location of S 9 HONEYWELL - CONFIDENTIAL File Number

10 Units Forecasted deliveries by helicopter class 1,400 1,200 1,000 Misc Cumulative -26 Share 2% 4% 28% % Single-engine long cabin Single-engine short cabin 54% Up to 11,000 new deliveries from to HONEYWELL - CONFIDENTIAL File Number

11 Forecasted sales by helicopter class $9 $8 $7 Cumulative -26 Share 4% 14% $6 $5 $4 $3 $2 $1 $- Medium Twin Twin Single Long Cabin Single Short Cabin 51% 11% 20% Deliveries worth about $72B in same period 11 HONEYWELL - CONFIDENTIAL File Number