Honeywell is forecasting that 2018 will bring positive growth to the stagnant helicopter market, citing stabilisation as the reason.

“Commodity prices have rebounded from their lows, the number of used aircraft up for sale has been trending downward for nearly six consecutive months, Brent Crude oil prices have experienced positive growth in 2017, and OEM order velocities are stabilising,” said Rick Angelo, Director of Strategic Marketing: Global Commercial Helicopters, in Honeywell’s Q4 newsletter.

“The above-mentioned points bring not only optimism, but a reality that 2018 will realize positive growth with pent up demand, stabilisation in exchange rates are anticipated and overall healthier economic growth is forecasted.

Helicopter Newsletter