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April 22, 2021
Business International

Helicopter makers target emergency services as oil slumps

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Image: An H160 prototype of Airbus Helicopters is seen on a static display two days before the opening of the 51st Paris Air Show at Le Bourget airport near Paris June 13, 2015. REUTERS/Pascal Rossignol

 

By Fathin Ungku

SINGAPORE (Reuters) – Helicopter makers are scrambling for new sources of demand after being hit by a severe downturn in their biggest non-military clientele – oil and gas producers.

One promising area is public emergency services, executives said at the Singapore Airshow.

The oil and gas industry, which uses helicopters to shuttle their crew to offshore sit’s, accounted last year for as much as 40 percent of the roughly $6 billion annual sales of helicopters for civil use, according to aerospace research firm Teal Group.

Its decline has pushed manufacturers such as Airbus Helicopters, the world’s largest maker of commercial helicopters, to emphasize alternative segments. They are focusing now on demand from Emergency Medical Services (EMS), law enforcement, Search and Rescue (SAR) and firefighting.

“In the region, there are all in all only 19 (EMS) helicopters. This is one of the segments that we want to develop,” Philippe Monteux, Airbus Helicopters’ head of Southeast Asia and Pacific, told Reuters.

Airbus Helicopters saw a 20 percent decline in civil orders last year. Patrick Mulay, vice president of global sales at Textron subsidiary Bell Helicopter, said the emergency services sector was promising, especially in the Asia Pacific where old fleets need to be replaced.

“Yesterday, we signed with the Indonesian police for two 429s. The Indonesian police have a fleet of about 30 aircraft to replace, which are more than 30 years old,” Mulay said.

(Editing by Muralikumar Anantharaman)

Copyright 2015 Thomson Reuters. Click for Restrictions.

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