This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Helicopter Demand Up Worldwide For Next Five Years

Stocks in this article: HON

The vast majority of global civil helicopter mentions were concentrated in products manufactured by three OEMs: Eurocopter, Bell Helicopter and AgustaWestland. Less than 15 percent of mentions were for helicopters manufactured by all remaining OEMs.

Again in this year's survey, Honeywell asked all respondents to indicate their "current" satisfaction over the last year with each model of aircraft they operate. Respondents answered the question, "How likely is it that you would recommend this model to a friend or colleague?" Listed in alphabetical order for models receiving over 25 responses, the top six (two models tied for top five) make/models with the highest net scores in this year's survey are these:

  • AW139
  • Bell 206 series
  • Bell 407
  • Bell 412
  • EC130/EC350 series
  • S-76

These six models account for nearly 50 percent of all survey make/model mentions and can be considered the top current production helicopters in terms of recent customer satisfaction attitudes and likelihood to promote. There were many other make/models currently in production that also received excellent scores that did not make it into the top six listing.

Helicopter Utilization Expected to Increase Utilization rates reported in this year's survey for the past 12 months were flat in North America and Europe, but rose in the other regions. Looking ahead for the next 12 months, plans for increased helicopter fleet utilization in 2013 were reported by operators in all regions. Planned increases in each region were as follows:

  • North America: 10 percent of operators plan increases, and only 3 percent plan decreases.
  • Europe: 16 percent of operators plan increases, and only 7 percent plan decreases.
  • Latin America: 27 percent of operators plan increases and only 5 percent plan decreases.
  • Middle East/ Africa: 33 percent of operators plan increases and only 15 percent plan decreases.
  • Asia: 35 percent of operators plan increases, and only 6 percent plan decreases.

European operators reported the lowest annual average usage rate among the regions; however European operations measured by Eurocontrol flight data did post solid gains in 2012. When examining utilization trends across usage segments, oil and gas was the highest at an annual average of approximately 725 hours per aircraft followed by emergency medical services, tourism, training and general utility closely grouped at approximately 410–430 hours per year. Law enforcement and electronic news gathering came in at 375–390 hours. The lowest average utilization was reported by corporate segment operators at less than 300 hours per helicopter.

4 of 6

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,810.06 +91.06 0.51%
S&P 500 2,063.50 +10.75 0.52%
NASDAQ 4,712.97 +11.1030 0.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs