09.02.2017 Views

ASG Asia Pacific Civil Helicopter Fleet Report Year End 2015 EN

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

ASIA PACIFIC REGION<br />

CIVIL HELICOPTERS<br />

<strong>Year</strong> <strong>End</strong> <strong>2015</strong>


Beijing<br />

Penglai<br />

Seoul<br />

Chengdu<br />

Shanghai<br />

Shenzhen<br />

Hong Kong<br />

Bangkok<br />

Manila<br />

ABOUT ASIAN SKY GROUP<br />

ASIAN SKY GROUP (<strong>ASG</strong>), headquartered in Hong Kong with offices throughout <strong>Asia</strong>, has assembled the most<br />

experienced aviation team in the <strong>Asia</strong>-<strong>Pacific</strong> region to provide a wide range of independent services for both fixed<br />

and rotary-wing aircraft. <strong>ASG</strong> also provides access to a significant customer base around the world with the help of<br />

its exclusive partners.<br />

<strong>ASG</strong> is backed by SEACOR Holdings Inc., a publically listed US company (NYSE: “CKH”) with over US$1 billion in<br />

revenue and US$3 billion in assets, and also by Avion <strong>Pacific</strong> Limited, a mainland China-based general aviation<br />

service provider with over 20 years of experience and 6 offices and bases throughout China.<br />

<strong>ASG</strong> provides its clients with four main business aviation services:<br />

1. Sales & Acquisitions including Transactional Advisory<br />

2. Market Research and Consulting including Special Projects<br />

3. Operation Oversight including Completion Management, Audits, Invoice Review and Aircraft Appraisals, and<br />

4. Luxury Charter Services.<br />

The acclaimed <strong>Asia</strong>n Sky <strong>Fleet</strong> <strong>Report</strong>s are produced by <strong>ASG</strong>’s Market Research and Consulting group. <strong>ASG</strong> has a<br />

growing portfolio of business aviation reports designed to provide valued information so that the reader can make<br />

better informed business decisions. Included in the portfolio are <strong>Asia</strong>n Sky <strong>Asia</strong>-<strong>Pacific</strong> <strong>Fleet</strong> <strong>Report</strong>s for both <strong>Civil</strong><br />

<strong>Helicopter</strong>s and Business Jets, the Africa Business Jet <strong>Fleet</strong> <strong>Report</strong> and the all new industry leading <strong>Asia</strong>n Sky<br />

Quarterly magazine.<br />

CONTRIBUTION<br />

<strong>Asia</strong>n Sky Group would like to acknowledge the gracious contributions made by numerous organisations, including<br />

aircraft operators, OEMs, aviation authorities and JETNET LLC in providing data for this report.<br />

Should you wish to reproduce or distribute any portion of this report, in part or in full, you may do so by mentioning<br />

the source as: “<strong>Asia</strong>n Sky Group, a Hong Kong based business aviation consulting group”.<br />

Thank you for your interest in this report. We hope you will find the information useful. If you would like to receive<br />

further information about our other aviation reports and services, please contact us at info@asianskygroup.com or<br />

visit us at www.asianskygroup.com.


INTRODUCTION<br />

<strong>Asia</strong>n Sky Group (<strong>ASG</strong>) is pleased to present the 3rd edition of its <strong>Civil</strong> <strong>Helicopter</strong><br />

<strong>Fleet</strong> <strong>Report</strong>. Originally just covering the Greater China region, this edition<br />

covers the <strong>Asia</strong> <strong>Pacific</strong> region for the second time and now also includes the<br />

important <strong>Asia</strong> <strong>Pacific</strong> markets of India, Australia and New Zealand. <strong>ASG</strong>’s <strong>Fleet</strong><br />

<strong>Report</strong>s provide the most comprehensive coverage and breakdown of the civil<br />

helicopter fleet in the <strong>Asia</strong> <strong>Pacific</strong> region and have established themselves as an<br />

indispensable source of valued information. For copies of <strong>ASG</strong>’s various industry<br />

reports, please visit at www.asianskygroup.com.<br />

TABLE OF CONT<strong>EN</strong>TS<br />

EXECUTIVE SUMMARY AND KEY FINDINGS…………………………………………………….4<br />

OFFSHORE ACTIVITY………...………………...............................……………………...........…8<br />

FLEET BREAKDOWN<br />

NORTHEAST ASIA<br />

GREATER CHINA……………………………………………..........................................12<br />

JAPAN……..............………………………………………………....................................27<br />

SOUTH KOREA .........………………………………………….....................................36<br />

C<strong>EN</strong>TRAL ASIA<br />

INDIA.................…………………………………………..............................................46<br />

SOUTHEAST ASIA<br />

THAILAND..........…………………………………………..............................................55<br />

PHILIPPINES.................……………………….....…….............................................65<br />

MALAYSIA........................……........................…….............................................73<br />

INDONESIA..………………….............................……..........................................85<br />

MYANMAR..………………….............................……...........................................93<br />

LAOS..…….…………….............................…….....................................................94<br />

CAMBODIA……………….............................……...........................................94<br />

VIETNAM……………….............................……...........................................95<br />

BRUNEI……………….............................……...........................................96<br />

SINGAPORE……………….............................……...........................................96<br />

OCEANIA<br />

PAPUA NEW GUINEA...……....................................…….........................98<br />

AUSTRALIA....................……………..........……..................................................105<br />

NEW ZEALAND................……........................……...........................................114<br />

PRE-OWNED AIRCRAFT GLOBAL AVAILABILITY…………....…………...…...….............123<br />

AIRCRAFT MODELS POSITIONING……………...………………………………………………124<br />

SUPPORT INFRASTRUCTURE……..........…….......……….......…………………………......130<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 1


6<br />

6<br />

Mongolia<br />

782 762<br />

694<br />

576<br />

212 216<br />

South Korea +2%<br />

China +20%<br />

Japan -3%<br />

304 304<br />

26<br />

27<br />

Nepal +4%<br />

Bangladesh<br />

20<br />

20<br />

Laos<br />

6<br />

6<br />

Macau<br />

1<br />

1<br />

30<br />

30<br />

41 39<br />

Taiwan -5%<br />

Hong Kong<br />

111 112<br />

India<br />

Myanmar<br />

13<br />

13<br />

Cambodia -11%<br />

9 8<br />

27<br />

27<br />

Vietnam<br />

Thailand +1%<br />

Guam +4%<br />

28 29<br />

10 10<br />

Sri Lanka<br />

6 6<br />

Brunei<br />

Singapore<br />

1 1<br />

199<br />

185 105 114<br />

2,028 2,094 ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong><br />

Indonesia +8%<br />

Papua New<br />

Guinea +9%<br />

Australia +3%<br />

Note (1): <strong>Fleet</strong> distribution is based on helicopters in service and their active base of operation.<br />

Note (2): 2014 data for Australia, India, New Zealand and other Oceania Islands has been determined by deducting from <strong>2015</strong> fleet totals new<br />

and pre-owned deliveries including any aircraft that are known to have left a country but remained in the <strong>Asia</strong> <strong>Pacific</strong> region.<br />

Note (3): Other Islands include Maldives, Micronesia, Northern Mariana Islands, Palau and Solomon Islands.<br />

2


ASIA PACIFIC REGION – CIVIL HELICOPTERS<br />

2014<br />

5,758<br />

<strong>2015</strong><br />

6,015<br />

+4.5%<br />

7 7<br />

Other Islands 3<br />

200<br />

186<br />

Philippines +8%<br />

169 165<br />

Malaysia -2%<br />

47<br />

47<br />

Vanuatu<br />

8<br />

10<br />

Fiji +25%<br />

French<br />

Polynesia<br />

7 7<br />

20<br />

20<br />

New Caledonia<br />

841<br />

788<br />

New Zealand +7%<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 3


EXECUTIVE SUMMARY<br />

At the end of <strong>2015</strong>, the <strong>Asia</strong> <strong>Pacific</strong> civil helicopter fleet numbered 6,015 helicopters in active service, an increase of 4.5%<br />

over year end 2014.<br />

As with 2014, the growth leader in percentage and number of units was China, with 20% growth and 118 helicopters added<br />

by year end <strong>2015</strong>. This, however, represented a slowdown compared with 2014, when growth was 31% and 135 helicopters<br />

were added. Overall, of the 34 markets analyzed in this report, only a third experienced growth in <strong>2015</strong>, with the other twothirds<br />

either contracting or remaining stagnant.<br />

The <strong>Asia</strong> <strong>Pacific</strong> region is currently dominated by 4 countries and 3 manufacturers: with 73% of the helicopter fleet based<br />

in Australia, New Zealand, Japan and China, and 78% of those units being either a Robinson, Airbus <strong>Helicopter</strong>s or Bell<br />

<strong>Helicopter</strong>.<br />

In terms of Replacement Cost, the “big four” OEMs (Airbus <strong>Helicopter</strong>s, Bell <strong>Helicopter</strong>, Sikorsky and AgustaWestland) make<br />

up nearly 90% of the market, with Airbus <strong>Helicopter</strong>s leading at 46% and the other three combining for 42%.<br />

Australia represents the largest market overall and is the largest market for Robinson and Bell <strong>Helicopter</strong>. In terms of unit<br />

numbers, New Zealand is next, and is the largest market for MD <strong>Helicopter</strong>s. These are followed by Japan, which is the<br />

largest market for AgustaWestland and Airbus <strong>Helicopter</strong>s, and finally China, the fastest growing market overall and the<br />

largest for Sikorsky.<br />

In terms of units, approximately 45% of the <strong>Asia</strong> <strong>Pacific</strong> fleet operates in a multi-mission role, followed by corporate or<br />

private missions at 28%, and offshore operations at 6%; though in terms of Replacement Cost, offshore operations make<br />

up approximately 20% of the market.<br />

KEY FINDINGS<br />

Offshore Activity: The downturn in oil prices significantly impacted the <strong>Asia</strong> <strong>Pacific</strong> region in <strong>2015</strong>. In previous years,<br />

offshore oil and gas service providers were one of the main growth drivers for the region, however in <strong>2015</strong> there was limited<br />

to zero growth, and overall utilisation of the existing offshore fleet came down significantly, with nearly a third of the existing<br />

fleet likely idle or preparing for another mission role at year end.<br />

Greater China: Growth slowed in <strong>2015</strong> due a number of factors including the overall economic environment, expected<br />

currency depreciation, the downturn in oil and gas activity, negative sentiment resulting from certain government actions,<br />

and airspace taking longer to open up than previously anticipated. China will continue to see growth in the number of<br />

helicopters delivered during 2016 however, but at a much more moderate pace compared to prior years.<br />

Japan: The Japanese fleet contracted 3% in <strong>2015</strong>, with only Sikorsky and AgustaWestland showing increases. This occurred<br />

due to greater numbers of older piston, single engine and medium size helicopters either being retired or replaced by fewer<br />

but newer helicopter models like the S-76D and AW139. The net decrease was 20 helicopters, though the overall market<br />

size grew in terms of Replacement Cost.<br />

South Korea: Despite its advanced aviation industry, there has been only moderate growth in the Korean fleet over the past<br />

few years, with <strong>2015</strong> being no exception at just 2%. The largest portion of the fleet is used in a multi-mission role, with 50%<br />

used in firefighting operations and being primarily Kamov and Mil helicopters.<br />

India: India saw limited growth in <strong>2015</strong> compared to expectations, but new regulations from the DGAC aimed specifically at<br />

the helicopter market could spur growth in 2016. The Indian helicopter market is also sensitive to the oil and gas business,<br />

which will continue to impact fleet growth and utilisation.<br />

Thailand: The net increase of only 1 helicopter in <strong>2015</strong> was predominantly the result of importation restrictions on helicopters<br />

older than 5 years, while the oil and gas market and political factors also contributed to slower growth.<br />

Philippines: Growth in <strong>2015</strong> was a healthy 8% with 14 net helicopters added, which mostly consisted of single and piston<br />

categories operated by individuals or corporations. Elections in May 2016 will play a significant factor in the country’s<br />

helicopter market, as will overall economic conditions.<br />

4<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Malaysia: The fleet contracted slightly in <strong>2015</strong>, which was expected given that nearly a third of the total fleet is configured<br />

for offshore oil and gas support. Malaysian offshore operators faced significant challenges during the later part <strong>2015</strong>, and<br />

will likely attempt to move into other missions or other countries in 2016.<br />

Indonesia: Growth in <strong>2015</strong> was almost 8% with 14 net helicopters added to the fleet. However, new regulations restricting<br />

in-service helicopters to under 30 years of age and restricting new imported helicopters to under 5 years of age, combined<br />

with the downturn in offshore oil and gas, may cause growth in the fleet to stagnate in 2016.<br />

Australia: The fleet grew at just a modest 3% in <strong>2015</strong>, but is not expected to grow further in 2016 due to the negative impact<br />

of a significantly weakened Australian dollar, the rapid decrease in mineral exports and the downturn in oil and gas prices.<br />

The country has a staggering 1,017 operators, including many individuals and corporations, with an average of 2 helicopters<br />

per operator (one of which on average is a Robinson), and many of them are very sensitive to changes in the economic<br />

conditions and currency movements.<br />

New Zealand: Growth was a healthy 7% in <strong>2015</strong>, with a net 53 helicopters added to the market. Pre-owned helicopters<br />

made up 81% of the additions which is characteristic of the New Zealand market. New Zealand has the largest fleet of MD<br />

helicopters in <strong>Asia</strong> <strong>Pacific</strong>, most of which are utilised for multi-mission operations.<br />

Papua New Guinea: The fleet grew 9% in <strong>2015</strong>. A typical PNG helicopter can be characterised as pre-owned, aging, and a<br />

single-engine turbine from either Bell <strong>Helicopter</strong> or Airbus <strong>Helicopter</strong>s, and engaged in multi-mission applications. However<br />

this profile may begin to change in 2016, with several new helicopters already set to deliver.<br />

<strong>Asia</strong> <strong>Pacific</strong> <strong>Fleet</strong> Breakdown by Size & Replacement Cost<br />

Total <strong>Fleet</strong><br />

1,882<br />

Robinson<br />

572<br />

1,599 Airbus <strong>Helicopter</strong>s<br />

9,424<br />

1,195 Bell <strong>Helicopter</strong><br />

3,578<br />

303 AgustaWestland<br />

2,412<br />

248 MD<br />

369<br />

206 Sikorsky<br />

2,762<br />

182 Schweizer<br />

66<br />

90 Amateur-Built Aircraft 19<br />

67 Enstrom<br />

38<br />

67 Kamov<br />

348<br />

62 Mil<br />

501<br />

29 Guimbal<br />

12<br />

23 HAL<br />

223<br />

15<br />

10<br />

7<br />

4<br />

3<br />

2<br />

Avicopter<br />

Harbin<br />

Boeing Rotocraft<br />

Brantly<br />

Kaman<br />

KAI<br />

26<br />

110<br />

124<br />

1<br />

9<br />

34<br />

21<br />

Others 2<br />

Total <strong>Fleet</strong> 6,015 $20,647M<br />

Replacement Cost (USD)<br />

Note (1): Replacement Cost is used to determine the overall dollar value of the civil helicopter fleet. The cost values are based on <strong>2015</strong> OEM list prices<br />

for new aircraft models, and <strong>2015</strong> Conklin & de Decker pre-owned prices for equivalent models with the same mission configuration.<br />

In some cases, an estimate was used, particularly with regard to aircraft models no longer in production.<br />

Note (2): Others include Aérospatiale Gazelle, Fairchild Hiller, Hiller Aircraft and VTOL.<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 5<br />

19


<strong>Fleet</strong> Breakdown by OEM & Country<br />

6,015 in Total<br />

2,094<br />

100+44+38+35+16+11+10+10+8+6+6<br />

841<br />

762<br />

694<br />

304<br />

216<br />

200 199 165<br />

114<br />

112<br />

47<br />

39<br />

31<br />

Australia<br />

New<br />

Zealand<br />

Japan<br />

China<br />

India<br />

South Korea<br />

Philippines<br />

Indonesia<br />

Malaysia<br />

Papua<br />

New Guinea<br />

Thailand<br />

Vanuatu<br />

Taiwan<br />

Hong Kong &<br />

Macau<br />

AgustaWestland 48 9 87 35 38 15 14 7 33 8 6<br />

Airbus <strong>Helicopter</strong>s 298 222 340 151 120 55 84 72 83 34 34 3 13 9<br />

Amateur-Built 90<br />

Aircraft<br />

Avicopter 15<br />

Bell <strong>Helicopter</strong> 447 100 130 91 88 44 43 74 19 70 52 19<br />

Boeing Rotocraft 4 3<br />

Enstrom 18 2 20 2 3 2 18<br />

Guimbal 4 21 2<br />

HAL 21<br />

Harbin 10<br />

Hiller Aircraft 7 7 1<br />

Kamov 1 12 51 3<br />

MD 27 105 15 4 4 8 9 4 40 5<br />

Mil 1 11 5 9 3 4 5<br />

Robinson 1,061 308 149 233 17 4 45 2 15 5 4 2 11<br />

Schweizer 56 59 4 56 4 2<br />

Sikorsky 35 4 31 52 5 24 1 16 11 1 13 2<br />

Others 2 3 5 3 2 2<br />

Total 2,094 841 762 694 304 216 200 199 165 114 112 47 39 31<br />

% of Total 34% 14% 13% 12% 5% 4% 3% 3% 3% 2% 2% 1% 1% 1%<br />

Note (1): Please refer to Page 129 for Multi-Mission descriptions.<br />

Note (2): Others include Aérospatiale Gazelle, KAI, Kaman and VTOL.<br />

6<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


<strong>Fleet</strong> Breakdown by Mission<br />

45+16+12+6+6+5+4+3+3+G<br />

Guam<br />

Vietnam<br />

Nepal<br />

Bangladesh<br />

New<br />

Caledonia<br />

Myanmar<br />

Fiji<br />

Sri Lanka<br />

Cambodia<br />

1+1+1+1+1+1+1+1+1+1+1+1+1<br />

EMS 190 (3%)<br />

Charter 210 (3%)<br />

SAR 262 (4%)<br />

Law Enforcement 294 (5%)<br />

Offshore<br />

Operations 356 (6%)<br />

Flight Training 374 (6%)<br />

Private 704 (12%)<br />

Multi-Mission 1 2,684 (45%)<br />

Corporate 941 (16%)<br />

29 27 27 20 20 13 10 10 8 7 6 6 6 1 7<br />

French<br />

Polynesia<br />

Laos<br />

Brunei<br />

Mongolia<br />

Singapore<br />

Other<br />

Islands<br />

Total<br />

% of<br />

Total<br />

1 2 303 5%<br />

15 18 2 8 5 7 2 8 6 5 2 1 2 1,599 27%<br />

90 1%<br />

15 -<br />

1 3 8 2 1 2 1 1,195 20%<br />

7 -<br />

1 1 67 1%<br />

2 29 -<br />

2 23 -<br />

10 -<br />

15 -<br />

67 1%<br />

27 248 4%<br />

10 5 4 1 4 62 1%<br />

1 10 9 2 2 1 1 1,882 31%<br />

1 182 3%<br />

7 4 206 3%<br />

15 -<br />

29 27 27 20 20 13 10 10 8 7 6 6 6 1 7 6,015<br />

- - - - - - - - - - - - - - -<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 7


OFFSHORE ACTIVITY<br />

At year-end <strong>2015</strong>, helicopters used for offshore oil and gas support in the <strong>Asia</strong> <strong>Pacific</strong> region numbered 356 out of a total of<br />

6,015 (unchanged from 2014), and making up 6% of total fleet by numbers but 20% in terms of Replacement Cost. When<br />

excluding the Oceania fleet of nearly 3,000, the number of offshore-configured helicopters represent more than 10% of the<br />

total <strong>Asia</strong> <strong>Pacific</strong> fleet. In Southeast <strong>Asia</strong> alone, the offshore-configured fleet represents over 15% of the fleet by numbers<br />

and 40% by Replacement Cost.<br />

This report provides a statistical snapshot of the current offshore support helicopter fleet, however, and does not necessarily<br />

capture the true difficulties currently faced by operators, OEMs, leasing companies, investors, service providers and the oil<br />

and gas producers themselves.<br />

As with other regions around the world, the global downturn in the oil and gas industry is also impacting the <strong>Asia</strong> <strong>Pacific</strong> region<br />

significantly. Between 2012 and 2014 one of the main growth drivers for the <strong>Asia</strong> <strong>Pacific</strong> fleet was helicopter deliveries to<br />

offshore oil and gas service providers and operators. However towards the end of <strong>2015</strong>, OGP helicopter utilisation decreased<br />

significantly, a trend that will impact growth severely in the short term.<br />

Capital spending on exploration and production in <strong>Asia</strong> <strong>Pacific</strong> is expected to be down 20% in 2016, following an already<br />

reduced spending rate in <strong>2015</strong>. This reduction reflects lower capital expenditures from several projects reaching completion<br />

in <strong>2015</strong>, while anticipated new projects are deferred across the region and primarily in Indonesia, Malaysia, Myanmar, India,<br />

China and Australia.<br />

Major oil and gas producers in <strong>Asia</strong> <strong>Pacific</strong> have been gradually downsizing their operations, cancelling new exploration<br />

and drilling plans, in some extreme cases suspending or shutting down existing projects all together, and reducing their<br />

workforces considerably.<br />

Oil and gas drilling rig utilisation worldwide is down to 70% compared to a 95% several years ago, with the <strong>Asia</strong> <strong>Pacific</strong><br />

offshore rig market reflecting similar trends. This triggers serious concerns across the helicopter industry with stakeholders<br />

now trying to predict how deep this decline will be and how it will impact their clients, contracts and future demand for<br />

services.<br />

Offshore helicopter operators have been severely impacted by this downturn as many of the helicopters ordered over the<br />

last year or two – sometimes speculatively – were expected to support the industry’s continued growth and development.<br />

Utilisation levels throughout the <strong>Asia</strong> <strong>Pacific</strong> region in <strong>2015</strong> varied significantly; while in some protected countries, offshore<br />

activity was lightly affected, in other large oil and gas producing countries there was a severe decline, with even the more<br />

protected and resilient markets now expected to show increasing signs of stress in 2016.<br />

It is important to note that the number of aircraft in the fleet listed in this report does not reflect actual offshore activity, as<br />

the true number of helicopters servicing contracts today is considerably lower in many of the countries covered in this report.<br />

In certain cases over a third of the offshore fleet is hangared and not flying, or have been redirected toward other missions.<br />

The number of heavy and medium helicopters on the ground has increased significantly this year as operators have been<br />

forced to adjust to the new market conditions and realities. Just a few years ago, operators were not only looking to replace<br />

their ageing helicopters, but also were seeking to transit longer distances, requiring more resilient helicopters with greater<br />

endurance and payload from the offshore industry. This was before oil prices plummeted to where they were at year-end<br />

<strong>2015</strong>.<br />

Operator difficulties have been compounded by the global nature of the down turn and the oversupply of helicopters in most<br />

markets, limiting their opportunities to sell aircraft or find work for these helicopters in other markets. <strong>Helicopter</strong> values have<br />

consequently come under tremendous pressure.<br />

In the <strong>Asia</strong> <strong>Pacific</strong> market, the changing nature of helicopter age regulations is also impacting demand. In countries with<br />

strict age related importation restrictions such as China, Thailand, Myanmar and recently Indonesia, older aircraft that are<br />

already in-country may become more valuable locally and may find continued employment. While in countries where oil<br />

companies have imposed strict age limits on the helicopters they are willing to contract, such as India, certain pre-owned<br />

helicopters become less appealing locally once they become too old for offshore oil and gas operations.<br />

8<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


OFFSHORE ACTIVITY<br />

Much like some of the large energy companies capable of keeping production levels even if oil prices continue to go further<br />

down, helicopter operators who are either large enough or involved in other activities might have the strength to wait-out or<br />

overcome the downturn. But smaller operators who have been relying solely on oil and gas contracts are facing more difficult<br />

times and are not positioned as well as others to prosper in a low oil price environment.<br />

As a response to these difficulties, some <strong>Asia</strong> <strong>Pacific</strong> offshore operators are gravitating towards other missions such as EMS,<br />

SAR, firefighting and even corporate transport, while others have no choice but to wait for oil and gas prices to rebound.<br />

There are some niche applications across non-traditional markets that may be undertaken by helicopters configured for<br />

offshore transport, but at a certain cost and risk, and operators are as a result forced to take a more cautious approach.<br />

Despite the slump in spending and operations, several projects in the region are still set to see investments and many<br />

existing projects will at least continue production for the foreseeable future. This will enable the operators relying on those<br />

contracts to remain active throughout the downturn.<br />

These are challenging times no doubt, and there are likely to be more difficult times ahead in 2016. While it is too early<br />

to predict any kind of meaningful recovery, we expect this downturn to eventually give way to recovery, and ultimately the<br />

oversupply in the market should work its way through the system and toward a more balanced state. From a historical<br />

perspective, and while downside risks remain, <strong>Asia</strong>n Sky Group expects the demand for energy and natural resources will<br />

continue to grow on a global basis over time. Increasing global demand requires increasing global production, and when an<br />

eventual recovery does take place, we expect the <strong>Asia</strong> <strong>Pacific</strong> region to continue its vital role in that production.<br />

70<br />

68<br />

2014<br />

356<br />

<strong>2015</strong><br />

356<br />

India<br />

48 47<br />

Thailand<br />

Malaysia<br />

21 21<br />

China<br />

50 47<br />

1<br />

South Korea 2 3<br />

26 31<br />

9 9<br />

Myanmar<br />

16 15<br />

Vietnam<br />

5 5<br />

Philippines<br />

5 5<br />

Brunei<br />

1<br />

Japan<br />

Indonesia<br />

6<br />

6<br />

Papua New Guinea<br />

80 81<br />

Australia<br />

17 17<br />

New Zealand<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 9


OFFSHORE ACTIVITY<br />

<strong>Asia</strong> <strong>Pacific</strong> Offshore <strong>Fleet</strong>s – Breakdown by Operator (2 or more helicopters)<br />

294 in Total<br />

Citic Offshore <strong>Helicopter</strong><br />

Bristow <strong>Helicopter</strong>s Australia<br />

Weststar Aviation<br />

China Southern <strong>Helicopter</strong>s<br />

22<br />

26<br />

28<br />

37<br />

Lloyd <strong>Helicopter</strong>s<br />

Pawan Hans <strong>Helicopter</strong>s<br />

18<br />

18<br />

MHS Aviation<br />

Vietnam <strong>Helicopter</strong><br />

15<br />

16<br />

Global Vectra Helicorp<br />

Travira Air<br />

13<br />

13<br />

HNZ Global<br />

Pelita Air Service<br />

Thai Aviation Services<br />

10<br />

10<br />

10<br />

CHC <strong>Helicopter</strong>s (Australia)<br />

China Eastern GA<br />

Heligo Charters<br />

8<br />

9<br />

9<br />

Awan Inspirasi<br />

Bond <strong>Helicopter</strong>s Australia<br />

7<br />

7<br />

Esso Australia Resources<br />

Hevilift<br />

SFS Aviation<br />

6<br />

6<br />

6<br />

Brunei Shell Petroleum<br />

Heli-Union<br />

INAEC Aviation<br />

<strong>Pacific</strong> <strong>Helicopter</strong>s<br />

United Offshore Aviation<br />

5<br />

5<br />

5<br />

5<br />

5<br />

Heli Korea<br />

<strong>Helicopter</strong> Resources<br />

McDermott Aviation<br />

United Helicharters<br />

3<br />

3<br />

3<br />

3<br />

FI <strong>Helicopter</strong>s<br />

Gulf <strong>Helicopter</strong>s<br />

Heli Niugini<br />

Jayrow <strong>Helicopter</strong>s<br />

Reliance Industries<br />

2<br />

2<br />

2<br />

2<br />

2<br />

10<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 11


NORTHEAST ASIA<br />

GREATER CHINA<br />

As seen in previous years, the Greater China civil helicopter fleet continued to grow strongly in <strong>2015</strong>, leading the <strong>Asia</strong> <strong>Pacific</strong><br />

region. Greater China grew at 17.9% in <strong>2015</strong>, increasing from 648 helicopters in total to 764. All of this growth occurred in<br />

the China market itself as Taiwan contracted and Hong Kong remained flat.<br />

694<br />

441<br />

576<br />

2013<br />

2014<br />

<strong>2015</strong><br />

40 41 39 30 31 31<br />

China<br />

Taiwan Hong Kong & Macau<br />

Note: 2014 fleet growth figures in Greater China are based on <strong>Asia</strong>n Sky Group’s adjusted numbers for 2013<br />

Growth in <strong>2015</strong> was slower however dropping from 2014’s 26.8%. Growth is being impacted by a number of major factors<br />

– some unique to China, and some the same world over. China’s economic growth is at its lowest in 25 years with its big<br />

state-owned helicopter operators being significantly impacted by the oil and gas crisis around the world. Buying sentiment<br />

is also being negatively impacted by government policy and the regulatory environment and airspace are taking longer to<br />

relax, discouraging new entrants.<br />

Despite the drawbacks, the advantage the China market has is its ability to absorb these specific shocks due to the very<br />

diverse nature of the missions the fleet is performing. For instance, offshore operations only represent 9% of the fleet,<br />

corporate and private just 3%, whereas multi-mission represents 58%. Flight Training, SAR and Law Enforcement are all<br />

growing year to year. Consequently, <strong>Asia</strong>n Sky Group expects growth to continue in 2016, though similar to <strong>2015</strong>, the growth<br />

is expected to be moderated and in the area of 10%, with the prospect of even dipping into the single-digit category.<br />

Almost 70% of the Greater China fleet is represented by 3 manufacturers: Robinson 32%, Airbus <strong>Helicopter</strong>s 23% and Bell<br />

<strong>Helicopter</strong> 14%, which overall is in line with the <strong>Asia</strong> <strong>Pacific</strong> region as a whole. The Robinson fleet in Greater China grew<br />

the most in <strong>2015</strong> (29%), followed by Sikorsky (26%), and then Airbus <strong>Helicopter</strong>s (17%). By size category, the single-engine<br />

category grew the highest at 25%, followed by pistons at 19%. Given all of these indicators, it is not too surprising then to<br />

find the fleet of helicopters engaged in multi-mission applications grew the highest at 24%. Most other missions grew at<br />

only around 10%. Looking at turbine helicopters only, the most popular types in Greater China are the AS350, followed by<br />

the Bell 206/407 and then the Sikorsky S-76 family.<br />

Examining the net fleet additions in <strong>2015</strong>, the Greater China market added 116 new helicopters and 21 pre-owned<br />

helicopters, but the market also saw 26 helicopters leave this region. It is significant to note the slow emergence of a preowned<br />

market, representing just 15% of the additions in <strong>2015</strong>. By model type, the biggest net gainers were the R44, AS350<br />

and the Bell 407, with decreases, also coming from Bell 206s, R22s and Schweizer 300s for instance.<br />

The two biggest operators are China National Police (CNP) and CITIC Offshore <strong>Helicopter</strong>s (COHC) – both with a fleet of 57<br />

helicopters, representing 23% of the total turbine fleet. Whereas CNP has a very diverse fleet from across the spectrum of<br />

helicopter manufacturers, COHC is predominately an Airbus <strong>Helicopter</strong>s operator focused on medium to heavy helicopters<br />

– AS332s, EC155s, EC225s, Kamov KA-32s and the Sikorsky S-92s.<br />

12<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


GREATER CHINA<br />

764 in Total<br />

Heilongjiang<br />

36<br />

Xinjiang<br />

8<br />

Qinghai<br />

2<br />

Inner Mongolia<br />

5<br />

Gansu<br />

2<br />

Sichuan<br />

51<br />

Yunnan<br />

19<br />

Shaanxi<br />

13<br />

Chongqing<br />

22<br />

Guizhou<br />

5<br />

Guangxi<br />

9<br />

Hubei<br />

31<br />

Hunan<br />

12<br />

Hainan<br />

16<br />

Beijing<br />

99<br />

Hebei<br />

21<br />

Shanxi<br />

2<br />

Henan<br />

42<br />

Tianjin<br />

17<br />

Shandong<br />

32<br />

Liaoning<br />

9<br />

Jiangsu<br />

24<br />

Anhui<br />

6<br />

Jiangxi<br />

2 Fujian<br />

7<br />

Guangdong<br />

132<br />

Macau<br />

1<br />

Hong Kong<br />

30<br />

Jilin<br />

3<br />

Shanghai<br />

51<br />

Zhejiang<br />

16<br />

Taiwan<br />

39<br />

<strong>Fleet</strong> Growth<br />

900<br />

<strong>Civil</strong> <strong>Helicopter</strong>s in Greater China<br />

840<br />

800<br />

700<br />

600<br />

500<br />

400<br />

300<br />

200<br />

260<br />

+16.2%<br />

302<br />

+18.2%<br />

357<br />

+17.4%<br />

419<br />

+22.0%<br />

511<br />

+26.8%<br />

648<br />

+17.9%<br />

764<br />

+10.0%<br />

100<br />

0<br />

2009 2010 2011 2012 2013 2014 <strong>2015</strong> 2016 EST<br />

Note: 2014 fleet growth figures in Greater China are based on <strong>Asia</strong>n Sky Group’s adjusted and updated 2013 numbers.<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 13


14


Net <strong>Fleet</strong> Growth by OEM<br />

173<br />

148<br />

131<br />

3641<br />

32<br />

105<br />

110<br />

89<br />

2<br />

1115 3 3 3 2 2 2 7 1420 2 2<br />

1010 10 2 7 12 6 7<br />

9<br />

161111<br />

122<br />

191<br />

246<br />

50<br />

5856<br />

GREATER CHINA<br />

2013 (511)<br />

2014 (648)<br />

<strong>2015</strong> (764)<br />

3943<br />

54<br />

AgustaWestland<br />

Airbus <strong>Helicopter</strong>s<br />

Avicopter<br />

Bell <strong>Helicopter</strong><br />

Boeing Rotocraft<br />

Brantly<br />

Enstrom<br />

Guimbal<br />

Harbin<br />

Kamov<br />

MD<br />

Mil<br />

Robinson<br />

Schweizer<br />

Sikorsky<br />

Net <strong>Fleet</strong> Growth by Mission<br />

446<br />

254<br />

360<br />

2013 (511)<br />

2014 (648)<br />

<strong>2015</strong> (764)<br />

73 79 73<br />

51<br />

70 68<br />

48 50 57 45 46 53<br />

18 23 29<br />

7 12 14 10 8 11 5 6 7<br />

Multi-Mission<br />

Flight Training<br />

Offshore Operations<br />

Law Enforcement<br />

SAR<br />

Charter<br />

Corporate<br />

Private<br />

EMS<br />

Net <strong>Fleet</strong> Growth by Size Category<br />

173<br />

252<br />

301<br />

126<br />

175<br />

219<br />

2013 (511)<br />

2014 (648)<br />

<strong>2015</strong> (764)<br />

34 42 40 131131 150 47 48 54<br />

Piston<br />

Single<br />

Light Twin<br />

Medium<br />

Heavy<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 15


GREATER CHINA<br />

Breakdown by Size Category<br />

764 in Total<br />

Breakdown by Mission<br />

764 in Total<br />

Heavy 54 (7%)<br />

Medium 150 (20%)<br />

Turbine<br />

61%<br />

Light Twin 40 (5%)<br />

Piston 301 (39%)<br />

58+10+10+7+7+4+2+1+1+G<br />

Charter 29 (4%) Corporate 14 (2%)<br />

SAR 53 (7%)<br />

Private 11 (1%)<br />

Law<br />

Enforcement<br />

57 (8%)<br />

Offshore<br />

Operations<br />

68 (9%)<br />

Flight<br />

Training<br />

79 (10%)<br />

Multi-Mission<br />

58%<br />

EMS 7 (1%)<br />

Single 219 (29%)<br />

Multi-Mission 446 (58%)<br />

Breakdown by OEM<br />

<strong>Fleet</strong> Size<br />

Replacement Cost (USD)<br />

Mil 11 (2%) Harbin 10 (1%)<br />

Kamov 12 (2%)<br />

MD 9 (1%) Schweizer (1%)<br />

Avicopter (1%)<br />

Avicopter 15 (2%) Others 7 (1%)<br />

Enstrom 20 (3%)<br />

Kamov (2%)<br />

Robinson (3%)<br />

Harbin (3%)<br />

MD (1%)<br />

Others (2%)<br />

AugustaWestland<br />

41 (5%)<br />

Robisnon<br />

246 (32%)<br />

Mil (4%)<br />

Airbus <strong>Helicopter</strong>s<br />

(41%)<br />

Sikorsky<br />

54 (7%)<br />

Schweizer<br />

56 (7%)<br />

Bell <strong>Helicopter</strong><br />

110 (14%)<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

173 (23%)<br />

Agusta<br />

Westland<br />

(9%)<br />

764 $3,102M<br />

Bell<br />

<strong>Helicopter</strong><br />

(9%)<br />

Sikorsky<br />

(24%)<br />

Note: The market share of Enstrom’s replacement cost is less than 1%.<br />

16<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


G+5+5+8+32<br />

OEM Market share – Mainland China<br />

GREATER CHINA<br />

Mil 11 (2%) Harbin 10 (1%)<br />

Kamov 12 (2%)<br />

Others 8 (1%)<br />

Avicopter 15 (2%)<br />

Enstrom 20 (3%)<br />

AgustaWestland 35 (5%)<br />

Sikorsky 52 (7%)<br />

Robinson 233 (34%)<br />

Schweizer 56 (8%)<br />

694<br />

Bell <strong>Helicopter</strong> 91 (13%)<br />

Airbus <strong>Helicopter</strong>s 151 (22%)<br />

OEM Market Share – Hong Kong and Macau<br />

MD 5 (16%)<br />

AugustaWestland 6 (19%)<br />

36+29+19+16+G<br />

31<br />

Robinson 11 (36%)<br />

Airbus <strong>Helicopter</strong>s 9 (29%)<br />

OEM Market Share – Taiwan<br />

Robinson 2 (5%)<br />

Sikorsky 2 (5%)<br />

Boeing Rotocraft 3 (8%)<br />

Airbus <strong>Helicopter</strong>s 13 (33%)<br />

50+<br />

39<br />

Bell <strong>Helicopter</strong> 19 (49%)<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 17


GREATER CHINA<br />

Breakdown by <strong>Helicopter</strong> Model – Turbine Only<br />

463 in Total<br />

AgustaWestland<br />

41 (9%)<br />

AW139<br />

AW109<br />

AW119<br />

SW-4<br />

19+14+6+2+0+60+23+21+20+15+15+6+5+4+3+1+0+13+1+1+0+40+39+16+11+3+1+0+3+0+15+0+7+3+0+12+0+4+2+2+1+0+8+3+0+9+0+1+0+17+14+7+6+5+2+1<br />

Airbus <strong>Helicopter</strong>s<br />

173 (37%)<br />

Avicopter 15 (3%)<br />

Bell <strong>Helicopter</strong><br />

110 (24%)<br />

Boeing Rotocraft 3 (1%)<br />

Enstrom 15 (3%)<br />

Harbin 10 (2%)<br />

Kamov 12 (3%)<br />

MD 9 (2%)<br />

Mil 11 (2%)<br />

Robinson 9 (2%)<br />

Schweizer 1<br />

Sikorsky 54 (12%)<br />

AS350<br />

EC155<br />

EC135<br />

EC120<br />

AS365<br />

EC225<br />

AS332L1<br />

EC130<br />

AS332L2<br />

BK117<br />

AS332L<br />

AC311<br />

AC312<br />

AC301<br />

Bell 206<br />

Bell 407<br />

Bell 205<br />

Bell 429<br />

Bell 212<br />

Bell 427<br />

BV234<br />

<strong>EN</strong>480<br />

Z-9<br />

Z-11<br />

KA-32<br />

MD 900<br />

MD 520<br />

MD 500<br />

MD 600<br />

Mi-8<br />

Mi-26<br />

R66<br />

S-333<br />

S-76C++<br />

S-92<br />

S-76D<br />

S-76C+<br />

S-76A<br />

S-76B<br />

S-76A++<br />

2<br />

6<br />

6<br />

5<br />

4<br />

3<br />

1<br />

1<br />

1<br />

1<br />

2<br />

2<br />

1<br />

1<br />

2<br />

1<br />

3<br />

3<br />

3<br />

3<br />

4<br />

7<br />

9<br />

6<br />

5<br />

8<br />

9<br />

11<br />

12<br />

13<br />

14<br />

15<br />

15<br />

14<br />

15<br />

16<br />

17<br />

19<br />

23<br />

21<br />

20<br />

40<br />

39<br />

60<br />

18<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Breakdown by Operator<br />

Top 62 – Out of 178 Operators (3 or more helicopters)<br />

China National Police<br />

57+57+31+22+22+21+21+20+17+14+14+14+13+12+11+10+10+10+9+9+8+8+7+7+7+7+7+6+6+5+5+5+5+5+5+5+5+5+5+<br />

5<br />

Citic offshore <strong>Helicopter</strong><br />

Taiwan NASC<br />

China Flying Dragon<br />

China Southern <strong>Helicopter</strong>s<br />

Beijing Reignwood GA<br />

State Grid<br />

Ministry of Transport<br />

Sichuan Xilin Fengteng<br />

China Eastern GA<br />

Guangzhou Suilian <strong>Helicopter</strong><br />

Hubei Tongcheng GA<br />

Beijing Capital <strong>Helicopter</strong><br />

Hainan Sanya Yalong GA<br />

Tianjin Top GA<br />

<strong>Civil</strong> Aviation Academy<br />

Shanghai Kingwing<br />

Tuofeng GA<br />

Chongqing GA<br />

Henan Yongxiang GA<br />

Henan Guan Chen GA<br />

Shanghai Heli<br />

Anyang Aero<br />

Beijing Tian Xin Ai GA<br />

Government Flying Service<br />

Guangdong Bai Yun GA<br />

Shanghai Skyway<br />

Beidahuang GA<br />

Tangshan Lianwang<br />

GaoXiang Shandong GA<br />

Hong Kong Aviation Club<br />

Hubei Yinyan GA<br />

Qingdao <strong>Helicopter</strong><br />

Shandong GA<br />

Sky Shuttle <strong>Helicopter</strong>s<br />

Wuhan <strong>Helicopter</strong><br />

Yunnan FengXiang<br />

Zhejiang Huayi GA<br />

Zhongshan Eagle GA<br />

6<br />

6<br />

5<br />

5<br />

5<br />

5<br />

5<br />

5<br />

5<br />

5<br />

5<br />

5<br />

7<br />

7<br />

7<br />

7<br />

7<br />

8<br />

8<br />

9<br />

9<br />

10<br />

14<br />

14<br />

14<br />

13<br />

12<br />

11<br />

10<br />

10<br />

17<br />

21<br />

22<br />

22<br />

21<br />

20<br />

31<br />

4+4+4+4+4+4+4+3+3+3+3+3+3+3+3+3+3+3+3+3+3+3+3<br />

Hainan Aviation Academy<br />

Heliservices<br />

Ju Xiang GA<br />

NUAA Academy<br />

Qiqihar KunFeng GA<br />

Ruoer GA<br />

Shandong Qixiang<br />

Baiyangdian General Aviation<br />

Chongqing Shenlong GAC<br />

Elm GA<br />

Emerald <strong>Pacific</strong> Airlines<br />

Guangxi UUG<br />

Hebei Xiang Hua GA<br />

Henan Da Di<br />

Huayu GA<br />

Hubei Tuncang GA<br />

Hunan Hengyang GA<br />

Hunan Xiangwei GA<br />

Sichuan Luozhengtong GA<br />

Sichuan Xihua GA<br />

Tianjin Tianhang<br />

Xinjiang Kaiyuan GA<br />

Yunnan Hexie<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

4<br />

4<br />

4<br />

4<br />

4<br />

4<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

4<br />

GREATER CHINA<br />

57<br />

57<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 19


GREATER CHINA<br />

Top Operator <strong>Fleet</strong>s by Model – Greater China<br />

China National<br />

Police<br />

Citic Offshore<br />

<strong>Helicopter</strong><br />

China Flying<br />

Dragon<br />

China Southern<br />

<strong>Helicopter</strong>s<br />

Beijing<br />

Reignwood GA<br />

State Grid<br />

Ministry of<br />

Transport<br />

Sichuan Xilin<br />

Fengteng<br />

China<br />

Eastern GA<br />

Guangzhou<br />

Sulian <strong>Helicopter</strong><br />

57+57+31+22+22+21+21+18+17+14+14<br />

57 57<br />

31<br />

22 22 21 21 20 17 14 14 14<br />

Taiwan NASC<br />

Hubei<br />

Tongcheng GA<br />

AgustaWestland<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

Avicopter<br />

Bell<br />

<strong>Helicopter</strong><br />

Total<br />

AW109 7 2 9<br />

AW119 2 2<br />

AW139 7 1 8<br />

AS350 3 7 7 1 7 25<br />

EC155 3 15 18<br />

EC225 1 9 1 4 15<br />

EC135 6 1 1 8<br />

AS332L 1 1<br />

AS332L1 6 6<br />

AS332L2 1 1<br />

AS365 4 10 1 15<br />

EC120 2 1 1 1 5<br />

AC301 1 1<br />

AC311 4 4<br />

AC312 1 1<br />

Bell 205 16 16<br />

Bell 206 3 1 6 3 13<br />

Bell 212 1 2 3<br />

Bell 407 9 4 1 14<br />

Bell 429 3 2 5<br />

Boeing Rotocraft BV234 3 3<br />

Enstrom <strong>EN</strong>480 3 3<br />

Harbin<br />

Z-11 2 1 3<br />

Z-9 3 2 2 7<br />

Kamov KA-32 2 8 10<br />

Mil Mi-26 2 2<br />

R22 3 2 4 9<br />

Robinson R44 6 5 5 4 3 23<br />

R66 1 2 3<br />

Schweizer S-300 1 8 7 3 2 4 25<br />

S-76A 4 1 5<br />

S-76A++ 1 1<br />

S-76B 2 2<br />

Sikorsky S-76C+ 2 4 6<br />

S-76C++ 7 4 6 17<br />

S-76D 8 8<br />

S-92 3 9 1 13<br />

Total 57 57 31 22 22 21 21 20 17 14 14 14 310<br />

20<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


<strong>Fleet</strong> Breakdown by Mission & OEM – Greater China<br />

446<br />

Multi-Mission<br />

Flight Training<br />

Offshore<br />

Operations<br />

Law Enforcement<br />

SAR<br />

Charter<br />

Coroporate<br />

Private100+27+25+23+21+16+13+12+11<br />

AgustaWestland 11 2 16 11 1 41<br />

Airbus <strong>Helicopter</strong>s 95 1 31 12 23 4 2 5 173<br />

Avicopter 9 6 15<br />

Bell <strong>Helicopter</strong> 75 4 4 12 10 2 3 110<br />

Boeing Rotocraft 1 2 3<br />

Brantly 2 2<br />

Enstrom 13 4 3 20<br />

Guimbal 2 2<br />

Harbin 6 1 3 10<br />

Kamov 10 2 12<br />

MD 7 1 1 9<br />

Mil 11 11<br />

Robinson 170 47 10 3 8 8 246<br />

Schweizer 34 20 1 1 56<br />

Sikorsky 2 34 16 2 54<br />

Total 446 79 68 57 53 29 14 11 7 764<br />

Total <strong>Fleet</strong> Age Distribution<br />

764 in Total<br />

120<br />

79 68 57 53 29 14 11 7<br />

EMS<br />

Total<br />

GREATER CHINA<br />

100<br />

80<br />

60<br />

40<br />

20<br />

0<br />

1970<br />

1971<br />

1972<br />

1973<br />

1974<br />

1975<br />

1976<br />

1977<br />

1978<br />

1979<br />

1980<br />

1981<br />

1982<br />

1983<br />

1984<br />

1985<br />

1986<br />

1987<br />

1988<br />

1989<br />

1990<br />

1991<br />

1992<br />

1993<br />

1994<br />

1995<br />

1996<br />

1997<br />

1998<br />

1999<br />

2000<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

2011<br />

2012<br />

2013<br />

2014<br />

<strong>2015</strong><br />

<strong>Year</strong> of Manufacture<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 21


Si Rui, General Manager<br />

Department of Strategic Planning<br />

Eastern General Aviation (EGAC), a subsidiary of China Eastern<br />

Airlines was developed from China General Aviation, which in<br />

turn was developed from the No. 1 <strong>Civil</strong> Aviation Flying Corps,<br />

established in 1952. The company’s mission is to develop<br />

China’s general aviation business.<br />

Since 1998, EGAC’s scale and footprint has changed after a<br />

series of reforms and adjustments in the market. Currently, the<br />

company is focused on offshore oil and gas exploration, and<br />

an anticipated expansion of its aircraft management business.<br />

Although the company offers some land-based services, EGAC<br />

focuses mainly on offshore operations, located mostly in the<br />

Bohai Sea area, with bases in Tianjin and Shandong. With<br />

more than thirty years of experience, the company is confident<br />

that it fully meets its customer’s requirements, especially<br />

with its offshore oil & gas services and risk management<br />

capabilities.<br />

“Although the Bohai Sea area has relatively low oil and gas<br />

production compared to the South China Sea, our operational<br />

and safety management control capabilities are on par with<br />

international operation standards,” said Si Rui, EGAC’s General<br />

Manager, Department of Strategic Planning. “Our services<br />

include aerial mapping, security patrol and protection of oil<br />

and gas pipelines for energy companies; emergency rescue,<br />

aerial forest fire protection, aviation touring, and aircraft<br />

management.”<br />

For offshore oil and gas services, EGAC’s major competitors<br />

are Zhuhai <strong>Helicopter</strong> Company and COHC (CITIC Offshore<br />

<strong>Helicopter</strong> Co., Ltd.). While safety is fundamental, advanced<br />

safety concepts and a culture of safety management are equally<br />

important. Since the late 1990’s, EGAC has been cooperating<br />

with international oil and gas suppliers, and integrating their<br />

systems knowledge and concepts into its own safety culture.<br />

“Zhuhai <strong>Helicopter</strong> and COHC compete with each other, and<br />

each has subsequently carved out its own market share in the<br />

South China Sea. If EGAC were to enter the fray, it would mean<br />

greater stress and risks. From the viewpoint of the customers,<br />

the goal is to achieve a competitive balance in offshore oil<br />

and gas supplies. Alternately, customers do not want to see<br />

a monopoly in this market so, while keeping a healthy level of<br />

sufficient competition, the three companies pursue excellence<br />

in our respective competitive advantages. The present<br />

competitive environment enables us to avoid price wars.<br />

Compared with Zhuhai <strong>Helicopter</strong> and COHC, we do not have an<br />

advantage in scale, but we can continue to pursue excellence<br />

in our own market segments,” says Si.<br />

When asked about their heritage and operational culture, Si<br />

remarked that in 1999 EGAC recruited experienced foreign<br />

captains, who trained their pilots as they conducted operations.<br />

It was during this period that they were introduced to an<br />

advanced concept of flight safety and standards.<br />

“Since 2000, in order to standardize operations, we ensured<br />

that each pilot receives overseas simulator training twice a year.<br />

Now that there is a simulator training center in Zhuhai, most of<br />

our pilots are trained domestically. Because some aircraft types<br />

are still not available in China, a small number of our pilots are<br />

still trained overseas,” said Si, who continued, “Since 2010,<br />

we adopted the EVXP system, an enhanced health and usage<br />

monitoring system, to improve our safety management. EVXP<br />

indicates whether the operations made by the pilots during a<br />

flight comply with standard procedures. Additionally, we have<br />

22<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


adopted the HUMS system for our helicopters, another<br />

primary measure for us to monitor flight quality. In<br />

2012, we received Safety Management System (SMS)<br />

certification, a first for any general aviation company<br />

in China.”<br />

The journey to developing China’s General Aviation<br />

industry is no easy route. Si noted that EGAC has<br />

faced stressful times. “The key challenges we are<br />

facing include reduced petroleum revenue and the<br />

contradiction in available human resources, such<br />

as pilot and maintenance personnel. In terms<br />

of numbers, we have a relatively large number of<br />

maintenance personnel, but the portion of high-tech<br />

trained staff is still relatively low. Another issue is the<br />

need to renew the fleet with new aircraft. All of these<br />

issues have some impact on us,” noted Si.<br />

aviation market, EGAC and other players are keeping<br />

a keen eye on easing regulations and investment<br />

opportunities. With enough patience and dedication<br />

from the players, China’s general aviation is set to<br />

rival that of other developed countries soon - perhaps<br />

just over the horizon.<br />

In addressing these challenges, expansion is not<br />

seen as a competitive advantage to pursue. “We will<br />

wait for an upturn in the market, while continuing<br />

to pursue excellence in all we do. Further, during<br />

this down period, we will increase our investment in<br />

training to resolve the issues in our human resource<br />

structure. Finally, we aim to become an integrated<br />

service provider with advanced technology, so we<br />

are enhancing our management and flight training<br />

business, and initiating market-oriented reforms for<br />

our maintenance personnel,” said Si.<br />

EGAC has developed their thirteenth five year plan. In<br />

the next five years, it has to replace older aircraft in<br />

their fleet with new ones, and enlarged the fleet from<br />

13 to 16 aircraft. Additionally, the company aims to<br />

further expand their leasing business. “We estimate<br />

that, five years from now, the total quantity of our fleet,<br />

including aircraft we acquire, lease, and manage, will<br />

reach a total of twenty-four or -five. On a side note, I<br />

expect the petroleum business to continue to linger<br />

at a low point in 2016. So we’ll have to watch out for<br />

that,” Si noted.<br />

With China on the forefront of a booming general<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 23


GREATER CHINA<br />

New Deliveries<br />

38+29+14+9+5+5+G<br />

45+19+11+8+6+4+2+3+2+G<br />

Kamov 3 (2%) Schweizer 2 (2%)<br />

AgustaWestland 5 (4%)<br />

Enstrom 7 (6%)<br />

Sikorsky 11 (9%)<br />

Bell <strong>Helicopter</strong> 13 (11%)<br />

Airbus <strong>Helicopter</strong>s 23 (19%)<br />

+121<br />

Avicopter 3 (2%)<br />

Robinson 54 (45%)<br />

Pre-owned Additions<br />

Kamov 2 (9%)<br />

MD 3 (14%)<br />

Schweizer 1 (5%)<br />

Avicopter 1 (5%)<br />

Robinson 6 (29%)<br />

+21<br />

Airbus <strong>Helicopter</strong>s 8 (38%)<br />

31+23+19+19+4+4+G<br />

-26<br />

Schweizer 5 (19%) Bell <strong>Helicopter</strong> 8 (31%)<br />

Deductions<br />

MD 1 (4%)<br />

Enstrom 1 (4%)<br />

Robinson 5 (19%)<br />

Airbus <strong>Helicopter</strong>s 6 (23%)<br />

24<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


GREATER CHINA<br />

Additions & Deductions Per Model<br />

116 in total<br />

Agusta<br />

Westland<br />

+5<br />

AW139<br />

AW119<br />

3<br />

2<br />

AS350<br />

-1<br />

18<br />

3<br />

EC225<br />

3<br />

EC120<br />

3<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

+25<br />

AS365<br />

EC135<br />

EC155<br />

EC130<br />

1<br />

1<br />

1<br />

1<br />

AS355<br />

-1<br />

BO105<br />

-2<br />

SA315<br />

-2<br />

Avicopter<br />

+4<br />

AC311<br />

3<br />

1<br />

Sikorsky Schweizer Robinson<br />

MD<br />

Kamov Enstrom Bell <strong>Helicopter</strong><br />

+11 -2 +55 +2<br />

+5 +6 +5<br />

Bell 407<br />

Bell 429<br />

Bell 206<br />

<strong>EN</strong>480<br />

KA-32<br />

MD 520<br />

MD 500<br />

MD 900<br />

R44<br />

R22<br />

R66<br />

S-300<br />

S-76D<br />

S-92<br />

-5<br />

-3<br />

-1<br />

-1<br />

-3<br />

-2<br />

-5<br />

1<br />

7<br />

3 2<br />

1<br />

1<br />

1<br />

3 1<br />

2 1<br />

8<br />

3<br />

12<br />

16<br />

35<br />

1<br />

Deductions (-26)<br />

New Deliveries (+121)<br />

Pre-owned (+21)<br />

4<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 25


26<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


JAPAN<br />

Japan has the 3rd largest helicopter fleet in the <strong>Asia</strong> <strong>Pacific</strong> region – 762 in total. The country’s geographic<br />

characteristics make it a natural place for helicopter operations. The archipelago comprises four main islands and<br />

over 2,000 underlying islands across the country’s territory and the Japan Sea.<br />

Japan also has the largest fleet of AgustaWestland and Airbus <strong>Helicopter</strong>s in the <strong>Asia</strong> <strong>Pacific</strong> region: Japan’s fleet<br />

represents 29% of the total <strong>Asia</strong> <strong>Pacific</strong> AgustaWestland fleet and 21% of the total <strong>Asia</strong> <strong>Pacific</strong> Airbus <strong>Helicopter</strong>s<br />

fleet. When including Bell <strong>Helicopter</strong> and Robinson, among these 4 manufacturers, 93% of the Japanese fleet of<br />

helicopters is represented.<br />

The only manufacturers to succeed in growing their Japanese fleets in <strong>2015</strong> were Sikorsky (+29%) and<br />

AgustaWestland (+6%) with the total Japanese fleet actually contracting 3% in <strong>2015</strong>. This phenomenon occur as a<br />

number of older piston helicopters (primarily R22/44s), single-engine (Bell 206s & AS350s primarily) and medium<br />

size helicopters (Bell 212s & AS365s primarily) were all retired and replaced by fewer, new helicopters like the S-76D<br />

and AW139. Eight S-76Ds entered service in <strong>2015</strong> with the Japanese Coast Guard (JCG) for SAR, as well as four<br />

AW139s, two of which are with the Japan National Police Agency (JNPA). In total there were 29 new deliveries in<br />

<strong>2015</strong> and 2 pre-owned helicopters delivered, but 51 helicopters left the Japanese fleet through <strong>2015</strong>, yielding a net<br />

growth of a negative 20 helicopters.<br />

The Japanese fleet is dominated by medium and light twin size helicopters – 58% of the fleet – with the fleet<br />

involved primarily in multi-mission, EMS, law enforcement, and SAR applications, these missions comprising 76%<br />

of the fleet. Japan’s climate and geography make the country prone to large scale natural disasters and extreme<br />

weather conditions, in addition to having many active volcanoes, frequent earthquakes, and typhoons. Such<br />

characteristics lend themselves to multi-mission and para-public operations, which in turn require the use of heavy<br />

and medium-sized helicopters. Medium-sized helicopters are also favoured by the considerably large corporate<br />

segment.<br />

There are 237 operators in the country, many of which are corporations and private users operating their helicopters<br />

independently. However, Japan’s 5 largest helicopter operators represent almost 37% of the total fleet, performing<br />

a wide variety of missions including EMS, SAR, disaster relief, charter services, industrial utility, aerial photography,<br />

electronic news gathering, and other activities. The biggest operator is Aero Asahi whose largest shareholder is<br />

Toyota Motor Corporation. Aero Asahi has a very diverse fleet including 14 different helicopter types, with the largest<br />

types being AS350s and AS355s. The 2nd largest operator is Nakanihon Air Service, part of All Nippon Airways Co.,<br />

Ltd. It too has a very diverse fleet with 12 types, though the largest types are EC135s and AS350s. The remaining 3<br />

operators in the Top 5 are the Prefectural Police Departments, JCG and JNPA<br />

operating AW139s & Bell 412s, AW139s & S-76Ds and AW109s respectively.<br />

SAR and disaster relief operations are performed primarily by prefectural<br />

authorities throughout the archipelago, using advanced medium to heavy<br />

sized helicopters. Medium-sized helicopters represent 37% of the total<br />

Japanese fleet. The heavy and medium helicopter segments’ popularity in<br />

Japan is attributed to the operational needs of these para-public missions.<br />

Light single and twin-engine helicopters also hold a large market share<br />

representing 41% of the fleet. There are 147 piston-engine helicopters in<br />

Japan representing 19% by number, but only 1% by replacement cost.<br />

Airbus <strong>Helicopter</strong>s holds 45% of the market followed by Robinson with 20%,<br />

and Bell <strong>Helicopter</strong> with 17%. AgustaWestland make up 11% of the market<br />

followed by Sikorsky with 4%.<br />

762 in Total<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 27


JAPAN<br />

Net <strong>Fleet</strong> Growth by OEM<br />

AgustaWestland<br />

Airbus <strong>Helicopter</strong>s<br />

34+0 0+36 100+0 0+100 53+0 0+482+0 0+23+0 0+31+0 0+1 14+0 0+14 56+0 0+535+0<br />

0+4<br />

82 87<br />

342340<br />

149130<br />

2<br />

2<br />

3<br />

3<br />

1<br />

1<br />

15 15<br />

159149<br />

5<br />

4<br />

2014 (782)<br />

<strong>2015</strong> (762)<br />

24<br />

31<br />

Bell <strong>Helicopter</strong><br />

Enstrom<br />

Kaman<br />

Kamov<br />

MD<br />

Robinson<br />

Schweizer<br />

Sikorsky<br />

Net <strong>Fleet</strong> Growth by Mission<br />

Multi-Mission<br />

100+0 0+980+44 47+00+43 45+00+37 39+00+30 28+00+24 26+00+19 20+00+1 0+00+1<br />

1<br />

310 309<br />

115107 109<br />

105 100 93<br />

67 72<br />

50 45<br />

30 29<br />

1<br />

2014 (782)<br />

<strong>2015</strong> (762)<br />

1<br />

1<br />

Corporate<br />

EMS<br />

Law Enforcement<br />

SAR<br />

Private<br />

Flight Training<br />

Charter<br />

Offshore Operations<br />

Net <strong>Fleet</strong> Growth by Size Category<br />

67+0 0+62 78+0 0+65 65+0 0+66 100+0 0+100 18+0 0+18<br />

164<br />

159<br />

147 155 155157<br />

281 281<br />

23<br />

22<br />

2014 (782)<br />

<strong>2015</strong> (762)<br />

Piston<br />

Single<br />

Light Twin<br />

Medium<br />

Heavy<br />

28<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Breakdown by Size Category<br />

762 in Total<br />

Breakdown by Mission<br />

762 in Total<br />

JAPAN<br />

Turbine<br />

81%<br />

41+14+14+13+8+6+4+G<br />

Multi-Mission<br />

41%<br />

Piston 147 (19%)<br />

Heavy 22 (3%)<br />

Medium 281 (37%)<br />

SAR 72 (9%)<br />

Law Enforcement<br />

93 (12%)<br />

Private 45 (6%)<br />

Flight Training 29 (4%)<br />

Single 155 (20%)<br />

Light Twin 157 (21%)<br />

EMS<br />

105 (14%)<br />

Corporate 107 (14%)<br />

Multi-Mission 311 (41%)<br />

Note: Multi-Mission includes one charter and one offshore operations.<br />

Breakdown by OEM<br />

<strong>Fleet</strong> Size<br />

Replacement Cost (USD)<br />

Bell<br />

<strong>Helicopter</strong><br />

130 (17%)<br />

45+20+17+11+4+2+1+G<br />

AgustaWestland 87 (11%)<br />

Robinson 149 (20%)<br />

Sikorsky 31 (4%)<br />

MD 15 (2%)<br />

Others 10 (1%)<br />

Airbus <strong>Helicopter</strong>s<br />

340 (45%)<br />

56+18+14+9+1+1+1+G<br />

MD (1%) Robinson (1%)<br />

Sikorsky (9%)<br />

Bell<br />

<strong>Helicopter</strong><br />

(14%)<br />

762 $4,198M<br />

Agusta<br />

Westland (18%)<br />

Others (1%)<br />

Airbus <strong>Helicopter</strong>s<br />

(56%)<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 29


JAPAN<br />

Breakdown by <strong>Helicopter</strong> Model – Turbine Only<br />

615 in Total<br />

AgustaWestland<br />

87 (14%)<br />

Airbus <strong>Helicopter</strong>s<br />

340 (55%)<br />

Bell <strong>Helicopter</strong><br />

130 (21%)<br />

Enstrom 1<br />

Kaman 3<br />

Kamov 1<br />

MD 15 (2%)<br />

Robinson 6 (1%)<br />

44+41+1+184+69+51+43+26+24+8+6+6+6+4+4+4+3+1<br />

AW139 44<br />

AW109 41<br />

AW119 1<br />

AW101 1<br />

AS350<br />

EC135 69<br />

AS365 51<br />

BK117 43<br />

AS355 26<br />

EC145 24<br />

EC225 8<br />

AS332L1 7<br />

EC130 6<br />

SA315 6<br />

AS332L 4<br />

EC155 4<br />

BO105 4<br />

EC120 3<br />

AS332L2 1<br />

6<br />

Bell 412 57<br />

Bell 206 36<br />

Bell 430 12<br />

Bell 204 7<br />

Bell 427 6<br />

Bell 407 4<br />

Bell 429 4<br />

Bell 212 2<br />

Bell 214 1<br />

Bell 205 1<br />

<strong>EN</strong>480 1<br />

K-Max 3<br />

KA-32 1<br />

MD 900<br />

11<br />

MD 500 3<br />

MD 600 1<br />

R66 6<br />

84<br />

Schweizer 1<br />

S-333<br />

1<br />

Sikorsky 31 (5%)<br />

S-76D 11<br />

S-76C+ 6<br />

S-76B 4<br />

S-76C++ 4<br />

S-76C 3<br />

S-76A+ 2<br />

S-92 1<br />

30<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Breakdown by Operator<br />

Top 40 – Out of 237 Operators (2 or more helicopters)<br />

JAPAN<br />

Aero Asahi<br />

Nakanihon Air<br />

Prefectural Police Departments<br />

Japan Coast Guard<br />

National Police Agency<br />

Toho Air Service<br />

Akagi <strong>Helicopter</strong><br />

Nishi Nihon Air Services<br />

Hirata Gakuen<br />

All Nippon <strong>Helicopter</strong><br />

Alpha Aviation<br />

Shin-Nihon <strong>Helicopter</strong><br />

Tohoku Air Service<br />

Tokyo Fire Department<br />

Ogawa Air<br />

Kagoshima Air<br />

Shikoku Air<br />

Central <strong>Helicopter</strong><br />

Rosen Air<br />

Hokkaido Air<br />

Asahi Shimbun<br />

Honda Airways<br />

S.G.C. Saga Aviation<br />

Sato Jitsugyo<br />

Auto Panther<br />

Chunichi Shimbun<br />

Dai Ichi Air<br />

DHC<br />

Fukuoka Fire Department<br />

Gov’t of Japan - Min of Transport<br />

Hideyuki- Private<br />

Japan Digital Laboratory<br />

Mainichi Newspapers<br />

Ministry of Land & Infrastructure<br />

Nihon Flight Safety<br />

Noevir Aviation<br />

3+3+3+3<br />

76+61+53+49+42+27+24+18+17+16+12+12+10+10+9+7+7+6+6+5+4+4+4+4+3+3+3+3+3+3+3+3+3+3+3+3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

4<br />

4<br />

4<br />

4<br />

5<br />

6<br />

6<br />

7<br />

7<br />

10<br />

10<br />

9<br />

12<br />

12<br />

18<br />

17<br />

16<br />

24<br />

27<br />

42<br />

49<br />

Shizuoka Air<br />

Teikyo Daigaku<br />

Tsukuba Aviation<br />

Yomiuri Shimbun<br />

53<br />

3<br />

3<br />

3<br />

3<br />

61<br />

76<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 31


JAPAN<br />

Top Operator <strong>Fleet</strong>s by Model<br />

76+61+53+49+42+27+24+18+17+16<br />

61<br />

53 49<br />

42<br />

27 24<br />

18 17 16<br />

AgustaWestland<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

Bell <strong>Helicopter</strong><br />

Aero Asahi<br />

Nakanihon Air<br />

Prefectural Police<br />

Departments<br />

Japan Coast<br />

Guard<br />

National Police<br />

Agency<br />

AW101 1 1<br />

AW109 3 20 23<br />

AW139 1 10 17 4 3 35<br />

AS332L 2 1 1 4<br />

AS332L1 2 3 5<br />

AS332L2 1 1<br />

AS350 17 16 8 5 5 1 52<br />

AS355 10 5 5 20<br />

AS365 2 1 7 5 1 7 23<br />

BK117 1 8 5 1 2 17<br />

EC135 20 4 5 3 13 6 51<br />

EC145 8 1 4 13<br />

EC155 2 1 1 4<br />

EC225 5 5<br />

SA315 6 6<br />

Bell 204 2 2 2 6<br />

Bell 206 9 3 4 3 2 7 28<br />

Bell 212 2 2<br />

Bell 412 3 1 12 5 4 2 27<br />

Bell 427 3 3<br />

Bell 429 1 1 2<br />

Bell 430 6 6 12<br />

Kaman K-Max 3 3<br />

Kamov KA-32 1 1<br />

MD MD 500 3 3<br />

MD 900 9 9<br />

Robinson R22 3 3<br />

S-76B 2 2<br />

S-76C 2 1 3<br />

Sikorsky S-76C+ 4 1 1 6<br />

S-76C++ 1 1 2<br />

S-76D 11 11<br />

Total 76 61 53 49 42 27 24 18 17 16 383<br />

Toho Air<br />

Service<br />

Akagi <strong>Helicopter</strong><br />

Nishi Nihon Air<br />

Services<br />

Hirata Gakuen<br />

All Nippon<br />

<strong>Helicopter</strong><br />

Total<br />

32<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


<strong>Fleet</strong> Breakdown by Mission & OEM<br />

JAPAN<br />

309<br />

100+40+40+35+24+15+5+1+1<br />

107 105 93<br />

72<br />

45<br />

29 1 1<br />

Multi-Mission<br />

Corporate<br />

EMS<br />

Law Enforcement<br />

Total<br />

AgustaWestland 9 11 5 40 22 87<br />

Airbus <strong>Helicopter</strong>s 184 26 67 31 27 4 1 340<br />

Bell <strong>Helicopter</strong> 71 5 24 20 9 1 130<br />

Enstrom 1 1 2<br />

Kaman 3 3<br />

Kamov 1 1<br />

MD 6 3 6 15<br />

Robinson 25 56 1 38 29 149<br />

Schweizer 1 1 2 4<br />

Sikorsky 8 5 2 2 14 31<br />

Total 309 107 105 93 72 45 29 1 1 762<br />

SAR<br />

Private<br />

Flight Training<br />

Charter<br />

Offshore<br />

Operations<br />

Total <strong>Fleet</strong> Age Distribution<br />

762 in Total<br />

45<br />

40<br />

35<br />

30<br />

25<br />

20<br />

15<br />

10<br />

5<br />

0<br />

1959<br />

1960<br />

1961<br />

1962<br />

1963<br />

1964<br />

1965<br />

1966<br />

1967<br />

1968<br />

1969<br />

1970<br />

1971<br />

1972<br />

1973<br />

1974<br />

1975<br />

1976<br />

1977<br />

1978<br />

1979<br />

1980<br />

1981<br />

1982<br />

1983<br />

1984<br />

1985<br />

1986<br />

1987<br />

1988<br />

1989<br />

1990<br />

1991<br />

1992<br />

1993<br />

1994<br />

1995<br />

1996<br />

1997<br />

1998<br />

1999<br />

2000<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

2011<br />

2012<br />

2013<br />

2014<br />

<strong>2015</strong><br />

<strong>Year</strong> of Manufacture<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 33


JAPAN<br />

New Deliveries<br />

Robinson 2 (7%)<br />

AgustaWestland 5 (17%)<br />

Sikorsky 8 (28%)<br />

45+28+17+7+3+G<br />

+29<br />

Bell <strong>Helicopter</strong> 1 (3%)<br />

Airbus <strong>Helicopter</strong>s 13 (45%)<br />

Pre-owned Additions<br />

Robinson 1 (50%)<br />

50+50+G<br />

+2<br />

AgustaWestland 1 (50%)<br />

41+29+24+2+2+2+G<br />

-51<br />

Deductions<br />

AgustaWestland 1 (2%)<br />

Sikorsky 1 (2%)<br />

Schweizer 1 (2%)<br />

Robinson 13 (26%)<br />

Airbus <strong>Helicopter</strong>s 15 (29%) Bell <strong>Helicopter</strong> 20 (39%)<br />

34<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


JAPAN<br />

Additions & Deductions Per Model<br />

-20 in total<br />

Agusta<br />

Westland<br />

+5<br />

AW139<br />

AW109 -1<br />

1 1<br />

4<br />

EC135<br />

EC155<br />

-1<br />

2<br />

1<br />

BK117<br />

-3<br />

4<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

-2<br />

EC225<br />

AS365<br />

-4<br />

1<br />

3<br />

AS350<br />

-4<br />

2<br />

SA315<br />

-1<br />

AS332L1<br />

-2<br />

Deductions (-51)<br />

New Deliveries (+29)<br />

Pre-owned (+2)<br />

Bell 412<br />

-3<br />

1<br />

Bell<br />

<strong>Helicopter</strong><br />

Robinson<br />

Schweizer<br />

Sikorsky<br />

+7 -1<br />

-10<br />

-19<br />

Bell 206<br />

Bell 212<br />

R66<br />

R22<br />

R44<br />

S-300<br />

S-76D<br />

S-76B<br />

-10<br />

-7<br />

-7<br />

-6<br />

-1<br />

-1<br />

1<br />

1<br />

1<br />

8<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 35


SOUTH KOREA<br />

The South Korean <strong>Helicopter</strong> fleet numbered 216 helicopters at year-end <strong>2015</strong><br />

with para-public operations such as SAR, firefighting, marine patrol, and police work<br />

being the dominant mission category in the country.<br />

Despite its developed economy and advanced aviation industry, the Korean<br />

helicopter fleet has not grown much in recent years. In <strong>2015</strong> the Korean fleet<br />

remained unchanged with no significant growth drivers and a net 4 helicopter<br />

additions.<br />

In the para-public segment, 50% of the multi-mission fleet is used by the<br />

government for firefighting operations during the Korean summer and dry seasons.<br />

These helicopters are operated by Korean provincial authorities and ministries, and<br />

in many cases are leased from local operators granted with government contracts.<br />

The Ministry of Forestry operates a large fleet of 47 helicopters, of which 30 are<br />

Russian-built Kamov helicopters, many having been in service for over 15 years. In<br />

<strong>2015</strong>, the Ministry placed an order for several new Surion helicopters from Korean<br />

Aerospace Industries (KAI). The Surion was initially developed by KAI together with<br />

Airbus <strong>Helicopter</strong>s to provide an indigenous option for replacing some of South<br />

Korea’s military helicopters as well as meeting other national rotary requirements.<br />

Airbus <strong>Helicopter</strong>s make-up 25% of the market alongside Russian <strong>Helicopter</strong>s, Mil,<br />

and Kamov, which combined represent nearly 30% of the fleet. Out of all the <strong>Asia</strong><br />

<strong>Pacific</strong> countries, Russian-designed helicopters in South Korea have the strongest<br />

presence in terms of the number of helicopters in operation.<br />

Multi-mission operations are the largest mission segment in the country (66%)<br />

followed by helicopters used by large corporations for the transportation needs of<br />

their senior management. This corporate segment represents 13% if the total fleet.<br />

216 in Total<br />

36<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Net <strong>Fleet</strong> Growth by OEM<br />

2014 (212)<br />

<strong>2015</strong> (216)<br />

SOUTH KOREA<br />

AgustaWestland<br />

Airbus <strong>Helicopter</strong>s<br />

12+0 0+15 54+0 0+55 44+0 0+443+0 0+30+0 0+12+0 0+2 52+0 0+518+0 0+89+0<br />

0+9<br />

12<br />

15<br />

54<br />

55<br />

44 44<br />

3 3 1 2 2<br />

52<br />

51<br />

8 8 9 9 5 4<br />

23<br />

24<br />

Bell <strong>Helicopter</strong><br />

Enstrom<br />

Hiller Aircraft<br />

KAI<br />

Kamov<br />

MD<br />

Mil<br />

Robinson<br />

Sikorsky<br />

Net <strong>Fleet</strong> Growth by Mission<br />

2014 (212)<br />

<strong>2015</strong> (216)<br />

28<br />

28<br />

22<br />

21<br />

15<br />

15<br />

4 4 2 3 3 3<br />

138 142 124 125<br />

Multi-Mission<br />

Corporate<br />

SAR<br />

Law Enforcement<br />

Flight Training<br />

Offshore Operations<br />

EMS<br />

Net <strong>Fleet</strong> Growth by Size Category<br />

2014 (212)<br />

<strong>2015</strong> (216)<br />

6+0 0+6 55+0 0+56 14+0 0+16 100+0 0+100 13+0 0+13<br />

6<br />

6<br />

55<br />

56<br />

14 16 13 13<br />

Piston<br />

Single<br />

Light Twin<br />

Medium<br />

Heavy<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 37


SOUTH KOREA<br />

Breakdown by Size Category<br />

216 in Total<br />

Breakdown by Mission<br />

216 in Total<br />

63+13+10+8+3+2+1+G<br />

Piston 6 (3%)<br />

Heavy 13 (6%)<br />

Light Twin 16 (7%)<br />

SAR 21 (10%)<br />

Corporate<br />

28 (13%)<br />

Law Enforcement 15 (7%)<br />

Flight Training 4 (2%)<br />

Offshore Operations 3 (1%)<br />

EMS 3 (1%)<br />

Turbine<br />

97%<br />

Multi-Mission<br />

66%<br />

Single 56 (26%)<br />

Medium 125 (58%) Multi-Mission 142 (66%)<br />

Breakdown by OEM<br />

<strong>Fleet</strong> Size<br />

Replacement Cost (USD)<br />

Robinson 4 (2%)<br />

MD 8 (4%)<br />

Mil 9 (4%)<br />

AugustaWestland 15 (7%)<br />

Sikorsky 24 (11%)<br />

Enstrom 3 (1%)<br />

25+24+20+11+7+4+4+2+1+1+1+G<br />

KAI 2 (1%)<br />

Hiller Aircraft 1 (1%)<br />

Airbus <strong>Helicopter</strong>s<br />

55 (25%)<br />

27+26+21+9+9+4+3+1+G<br />

Mil (4%) KAI (3%)<br />

AugustaWestland<br />

(9%)<br />

Bell<br />

<strong>Helicopter</strong><br />

(9%)<br />

216 $1,292M<br />

MD (1%)<br />

Airbus <strong>Helicopter</strong>s<br />

(27%)<br />

Bell <strong>Helicopter</strong> 44 (20%)<br />

Kamov 51 (24%)<br />

Kamov (21%)<br />

Sikorsky (26%)<br />

Note: The market share of Enstrom, Hiller Aircraft and Robinson’s<br />

replacement cost are less than 1%.<br />

38<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


SOUTH KOREA<br />

Breakdown by <strong>Helicopter</strong> Model – Turbine Only<br />

210 in Total<br />

AgustaWestland<br />

15 (7%)<br />

Airbus <strong>Helicopter</strong>s<br />

55 (26%)<br />

Bell <strong>Helicopter</strong><br />

44 (21%)<br />

Enstrom<br />

2 (1%)<br />

KAI<br />

2 (1%)<br />

Kamov<br />

51 (24%)<br />

MD<br />

8 (4%)<br />

Mil<br />

9 (4%)<br />

Sikorsky<br />

24 (11%)<br />

AW139 11<br />

AW109 2<br />

AW119 1<br />

SW-4 1<br />

11+2+1+1 16+11+10+6+6+3+1+1+125+8+6+2+2+12 2 51 7+1 6+3 7+5+3+3+2+2+1+1<br />

AS350 16<br />

AS365 11<br />

BK117 10<br />

B0105 6<br />

EC135 6<br />

EC155 3<br />

EC145 1<br />

AS355 1<br />

EC225 1<br />

Bell 206 25<br />

Bell 214 8<br />

Bell 412 6<br />

Bell 407 2<br />

Bell 430 2<br />

Bell 230 1<br />

<strong>EN</strong>480 2<br />

Surion<br />

2<br />

KA-32 51<br />

MD 500 7<br />

MD 520 1<br />

Mi-2 6<br />

Mi-8 3<br />

S-76C+ 7<br />

S-61 5<br />

S-76B 3<br />

S-64 3<br />

S-76D 2<br />

S-76C++ 2<br />

S-92 1<br />

S-58 1<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 39


SOUTH KOREA<br />

Breakdown by Operator<br />

51 Operators<br />

Gov’t Forestry Department<br />

National Police<br />

Heli Korea<br />

Gov’t Coast Guard<br />

Hongik Air<br />

Sejin Aviation<br />

Tongil Air<br />

Yecheon Astro Space Center<br />

Korean Air Lines<br />

Samsung Techwin<br />

Air Palace<br />

Central SAR 119<br />

UB Air<br />

UI Helijet<br />

Hanseo University<br />

Gyeonggi Fire Department<br />

Seoul Fire Department<br />

Busan Fire Department<br />

Changwoon Aviation<br />

Daegu Metro Fire Department<br />

Deajin Air<br />

Gov’t of South Korea<br />

Incheon Fire Department<br />

Jeollanam-do State Gov’t<br />

LG<br />

POSCO<br />

Woori Aviation<br />

Ace Air<br />

Blue Airline<br />

Chungbuk Fire Department<br />

Chungcheongnam-do<br />

Donghae & Machinery Airlines<br />

EMS Air<br />

Farm & Copter<br />

Gangwon Province<br />

Gangwon-do Fire Department<br />

Hana Air<br />

Hanwha Chemical<br />

47<br />

47+17+16+15+11+9+8+7+6+6+5+5+5+5+4+3+3+2+2+2+2+2+2+2+2+2+2+1+1+1+1+1+1+1+1+1+1+1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

3<br />

3<br />

4<br />

5<br />

5<br />

5<br />

5<br />

6<br />

6<br />

7<br />

8<br />

9<br />

11<br />

16<br />

15<br />

17<br />

1+1+1+1+1+1+1+1+1+1+1+1+1Uslan<br />

Hyundai Motor<br />

Korea Air Express<br />

Korean Broadcasting System<br />

Kyungbuk Fire Department<br />

Munhwa Broadcasting Corporation<br />

National Park Authority<br />

Pearl Korea<br />

Samsung Hospital<br />

SK Telecom<br />

SN Air<br />

Sung Joon Airlines<br />

TransHeli<br />

Fire Department<br />

1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

1<br />

40<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Top Operator <strong>Fleet</strong>s by Model<br />

SOUTH KOREA<br />

47+17+16+15+11+9+8+7+6+6<br />

17 16 15 11 9 8 7 6 6<br />

Agusta<br />

Westland<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

Bell<br />

<strong>Helicopter</strong><br />

Gov’t Forestry<br />

Department<br />

National Police<br />

Heli Korea<br />

Gov’t Coast<br />

Guard<br />

Hongik Air<br />

Total<br />

AW109 2 2<br />

AW119 1 1<br />

AW139 2 4 6<br />

AS350 4 6 1 11<br />

EC155 2 2<br />

EC135 1 5 6<br />

AS365 4 4<br />

BK117 1 1 1 1 4<br />

BO105 6 6<br />

Bell 206 8 6 2 1 2 19<br />

Bell 214 4 2 1 7<br />

Bell 407 1 1<br />

Bell 412 1 3 4<br />

KAI Surion 2 2<br />

Kamov KA-32 30 3 8 41<br />

MD<br />

MD 500 2 1 3<br />

MD 520 1 1<br />

Mil<br />

Mi-2 5 5<br />

Mi-8 3 3<br />

Robinson<br />

R22 1 1<br />

R44 1 1<br />

S-61 4 4<br />

Sikorsky<br />

S-64 3 3<br />

S-76C+ 3 1 4<br />

S-92 1 1<br />

Total 47 17 16 15 11 9 8 7 6 6 142<br />

Sejin Aviation<br />

Tongil Air<br />

Yecheon Asto<br />

Space Center<br />

Korean<br />

Air Lines<br />

Samsung<br />

Techwin<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 41


SOUTH KOREA<br />

<strong>Fleet</strong> Breakdown by Mission & OEM<br />

Multi-Mission<br />

Coporate<br />

SAR<br />

100+40+30+21+5+4+4<br />

142<br />

28<br />

21<br />

15<br />

4<br />

3<br />

3<br />

Law<br />

Enforcement<br />

Flight Training<br />

EMS<br />

Offshore<br />

Operations<br />

Total<br />

AgustaWestland 6 4 2 3 15<br />

Airbus <strong>Helicopter</strong>s 35 10 9 1 55<br />

Bell <strong>Helicopter</strong> 32 2 1 7 1 1 44<br />

Enstrom 1 2 3<br />

Hiller Aircraft 1 1<br />

KAI 2 2<br />

Kamov 43 8 51<br />

MD 8 8<br />

Mil 5 3 1 9<br />

Robinson 3 1 4<br />

Sikorsky 9 11 1 3 24<br />

Total 142 28 21 15 4 3 3 216<br />

Total <strong>Fleet</strong> Age Distribution<br />

216 in Total<br />

20<br />

18<br />

16<br />

14<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

1957<br />

1958<br />

1959<br />

1960<br />

1961<br />

1962<br />

1963<br />

1964<br />

1965<br />

1966<br />

1967<br />

1968<br />

1969<br />

1970<br />

1971<br />

1972<br />

1973<br />

1974<br />

1975<br />

1976<br />

1977<br />

1978<br />

1979<br />

1980<br />

1981<br />

1982<br />

1983<br />

1984<br />

1985<br />

1986<br />

1987<br />

1988<br />

1989<br />

1990<br />

1991<br />

1992<br />

1993<br />

1994<br />

1995<br />

1996<br />

1997<br />

1998<br />

1999<br />

2000<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

2011<br />

2012<br />

2013<br />

2014<br />

<strong>2015</strong><br />

42<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


0 0+1 0+1 0 1 1 0<br />

SOUTH KOREA<br />

Additions & Deductions Per Model<br />

4 in total<br />

Agusta<br />

Westland<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

Bell<br />

<strong>Helicopter</strong><br />

Hiller<br />

Aircraft<br />

Kamov<br />

Robinson<br />

Sikorsky<br />

+3<br />

+1<br />

+1<br />

-1<br />

-1<br />

+1<br />

AW139<br />

BO105<br />

AS365<br />

Bell 206<br />

Bell 214<br />

UH-12<br />

KA-32<br />

R22<br />

S-76B<br />

-1<br />

-1<br />

-1<br />

-1<br />

0 3 2+0 0+0 1+0 0+0 1 0 0 0 1 0<br />

1<br />

1<br />

1<br />

2<br />

3<br />

Deductions (-4)<br />

New Deliveries (+3)<br />

Pre-owned (+5)<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 43


20 countries around the world. Its clients value the<br />

integrity, experience, and commitment of Waypoint’s<br />

leadership team and financial sponsors. Over the<br />

years the company has expanded from its roots in<br />

Ireland to open offices in Australia, Brazil, Singapore,<br />

South Africa, and the UK, making it more easily<br />

accessible to its clients around the world.<br />

Philip Stransky, Waypoint’s Vice President of Sales<br />

and Relationship Management, <strong>Asia</strong>, leads the<br />

company’s work in the <strong>Asia</strong> region. Philip came to<br />

the helicopter leasing business when he took a year<br />

off to attend business school after nearly a decade<br />

with SEACOR, principally in the marine business.<br />

While studying at MIT, he was regularly in touch<br />

with Ed Washecka, CEO of Waypoint, and his team,<br />

who were busy raising capital and getting Waypoint<br />

Leasing off the ground. Philip says, “Ed offered me<br />

the unique opportunity to return to Singapore, where<br />

I had spent three and a half years with SEACOR, to<br />

help catapult Waypoint’s efforts in the region with the<br />

goal of becoming the largest independent helicopter<br />

leasing company. By late 2014, when I came back<br />

to Singapore, Waypoint had already successfully<br />

negotiated and signed a number of leases in <strong>Asia</strong>.<br />

Our goal was then to provide current and potential<br />

customers with a local contact and the ability to act<br />

immediately and follow up swiftly. Being on the<br />

ground has been tremendously successful, giving<br />

us the ability to work on opportunities with regional<br />

clients and to ensure that we provide exciting<br />

solutions in a time sensitive manner.”<br />

Vice President<br />

Sales and Relationship<br />

Management, <strong>Asia</strong><br />

In the business aviation sector, helicopter operators have been hit<br />

especially hard by the current struggles of the global oil and gas<br />

industry. Many operators have chosen therefore to reduce risks by<br />

leasing helicopters, instead of tying up capital resources and taking on<br />

even greater risks by purchasing one. In choosing a leasing company,<br />

it is imperative that one find a well-capitalized company with solid<br />

assets, headed by entrepreneurial managers who know the helicopter<br />

business and for whom leasing helicopters is the core business. No<br />

company fits the bill better than Waypoint Leasing, the world’s largest<br />

independent helicopter leasing company.<br />

Waypoint was founded in 2013 by a team of helicopter industry<br />

veterans, most of whom had firsthand experience as helicopter<br />

operators. Waypoint’s three major long term investors are MSD<br />

Capital, L.P., Quantum Strategic Partners, and Cartesian Capital Group<br />

LLC. Collectively these three fund investors lead the way, giving the<br />

Ireland-based Waypoint financial depth and reliability to face any<br />

challenges that may show up on the world economy’s radar. The<br />

company now has $1.4 billion in helicopter assets, representing a fleet<br />

of over 120 helicopters which are leased to operators in more than<br />

As a multi-national (France, USA, and UK) Philip<br />

grew up fascinated by aviation, clocking up a good<br />

number of air miles. He was given his first taste of<br />

the helicopter business in 2009 which only further<br />

increased his longing to be in the industry. “The<br />

opportunity of joining Waypoint was the ideal way<br />

of matching my personal passion for aviation with a<br />

background in business development,” says Philip.<br />

Philip and his senior management team bring<br />

clients decades of experience, giving them a unique<br />

insight into the customers’ needs for high quality<br />

aircraft, innovative financing options, and longstanding<br />

relationships with service providers. Philip<br />

approaches the company’s role from the perspective<br />

of the operator and the end user. Waypoint’s leasing<br />

solutions address not only the present needs of the<br />

client, but also anticipate the cyclical realities of the<br />

helicopter industry, positioning Waypoint to be able<br />

to address the needs and challenges that lie just<br />

beyond the horizon as well.<br />

Waypoint’s expertise is firmly fixed on the helicopter<br />

market. The company’s fleet of technologically<br />

advanced helicopters include aircraft manufactured<br />

by Finmeccanica (formerly AugustaWestland), Bell<br />

<strong>Helicopter</strong>, Airbus <strong>Helicopter</strong>s, and Sikorsky. Its fleet<br />

ranges from heavy to medium to light-twin models,<br />

44<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


and its customers utilize these helicopters in oil and gas,<br />

search and rescue, hospital emergency service, firefighting,<br />

utility, and government support operations. Philip sums up<br />

Waypoint’s competitive advantage this way, “Waypoint is run<br />

by those who are passionate about the helicopter business.<br />

Our senior managers have a firsthand understanding of<br />

operators’ needs and their desire for the most suitable<br />

aircraft, innovative and flexible financing solutions, and strong<br />

long-term relationships with service providers. This is the<br />

edge that positions us ahead of the game.”<br />

Philip has been one of the groundbreakers in the industry. In<br />

<strong>2015</strong>, Waypoint negotiated and signed a number of leases,<br />

and placing a new H145 in Papua New Guinea with <strong>Pacific</strong><br />

was, for Philip, an especially gratifying achievement. He says,<br />

“We hope that the current year will continue to be a year of<br />

firsts, where we negotiate and sign new leases in countries<br />

which have so far eluded us.”<br />

That is not to suggest that his career path has not been<br />

without its challenges. When asked about the notable<br />

obstacles he has faced in the industry, Philip says, “Arriving<br />

in <strong>Asia</strong> in 2010 was challenging. I had been based in Mexico,<br />

and had done business in Europe and Africa. However,<br />

understanding the nuances of working in <strong>Asia</strong> takes time<br />

and patience, particularly learning the details of a variety of<br />

cultures. Every day has been exciting and I am continuously<br />

enjoying the experience.”<br />

Recognizing the many advantages of leasing over buying –<br />

including timely access to the required aircraft, matching of<br />

needs to supply, potential for worldwide operations, freeing<br />

up of capital, and avoiding risk and interest rates – many<br />

operators are turning to companies like Waypoint Leasing to<br />

meet their helicopter needs. The advantages Waypoint offers<br />

over other lessors are numerous. As a full service lessor,<br />

Waypoint offers numerous value-added services to operators,<br />

including flexible lease options, a global presence, competitive<br />

pricing, and flexible helicopter configurations. Waypoint’s<br />

strong relationships with OEMs and its global presence make<br />

it one of the most attractive options of all helicopter leasing<br />

companies worldwide.<br />

That is not to say that one is ever guaranteed smooth<br />

sailing, especially in a volatile industry like business aviation.<br />

Waypoint Leasing recognizes the challenges currently<br />

facing the market, particular with today’s low oil prices.<br />

In addressing these challenges, Philip says, “With the oil<br />

and gas market challenged by low oil prices, Waypoint has<br />

positioned its order book to focus on EMS and parapublic<br />

helicopters. At the Helitech <strong>2015</strong> show in London last<br />

October, we announced orders and commitments for up to<br />

38 new rotorcraft. In a deal with Airbus <strong>Helicopter</strong>s, Waypoint<br />

Leasing signed to buy up to 20 H135 singles over the next<br />

three years, making it the first lessor to offer the H135 in its<br />

portfolio.”<br />

Waypoint also agreed to acquire 18 AugustaWestland<br />

helicopters, a mix of AW189 super medium twins, AW169<br />

light intermediates, and the AW139 intermediate. At a time<br />

when other leasing companies who rushed into the market<br />

when oil and gas services commanded top dollar and are<br />

now dropping out due to low oil prices, Waypoint Leasing is<br />

not only continuing its service, but is expanding to meet its<br />

clients’ needs even better.<br />

With a wealth of expertise and experience under his belt,<br />

Philip knows what it takes to make it in this tough industry. In<br />

offering advice to those who want to succeed in the helicopter<br />

leasing field, he says, “Principally, you have to understand<br />

the needs of each individual customer. The beauty of being<br />

based in <strong>Asia</strong> is that I get to cover a huge portion of the world<br />

where there is a tremendous variety of customs and ways of<br />

doing business. Handling these challenges successfully while<br />

providing each customer with timely attention can lead to<br />

exponential growth of the business while also bringing great<br />

personal satisfaction.”<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 45


C<strong>EN</strong>TRAL ASIA<br />

INDIA<br />

The India market is an emerging one that holds promise for 2016.<br />

Whereas net growth was flat in <strong>2015</strong>, new regulations for helicopters<br />

from the Director General of <strong>Civil</strong> Aviation (DGAC), due to be issued<br />

in April 2016 after consultation with all the relevant stakeholders,<br />

should provide the catalyst to spur on renewed growth. Hopes<br />

are the regulations will be flexible enough to take advantage of<br />

a helicopter’s unique capabilities, and that the implementation<br />

process will be allowed to be handled by a separate, dedicated<br />

helicopter department within the DGCA. New regulations that are<br />

apparently being consider will allow helicopters to fly freely from<br />

point to point without prior ATC clearance in airspace below 5,000<br />

feet, as well as in other areas that would otherwise be prohibited<br />

and/or restricted after filing the flight plan with the nearest ATC<br />

office. Interest is also high in introducing streamlined procedures<br />

so as to potentially reduce delays for getting approval for landing at<br />

temporary helipads.<br />

The Indian market is the 5th largest in the <strong>Asia</strong> <strong>Pacific</strong> region<br />

and dominated by Airbus <strong>Helicopter</strong>s, Bell <strong>Helicopter</strong> and<br />

AgustaWestland. Their respective market shares of the Indian<br />

market are 39%, 29% and 12%, with the size categories uniquely<br />

dominated by either medium or single engine (40%/38% split)<br />

helicopters. The high market share of medium sized helicopters is<br />

driven by mission requirements from the onshore (included in the<br />

Multi-Mission category) and offshore oil and gas business in India,<br />

which also demonstrates the role and sensitivity energy plays in the<br />

local helicopter market.<br />

304 in Total<br />

The medium sized helicopter mostly utilised in India is the Dauphin<br />

/ AS365 (40), followed then by the AW139 (10) & S-76C++ (5). The<br />

single engine helicopters in use are more diverse lead by the Bell<br />

407 (29), Alouette / SA316 (26), AS350 (24) and finally the Dhruv<br />

(21) from local manufacturer Hindustan Aeronautics Limited (HAL).<br />

The Indian market has 130 operators, but the top three operate 30%<br />

of the fleet. The top three are Pawan Hans Ltd., the Indian Coast<br />

Guard, and Global Vectra Helicorp. Pawan Hans Ltd. is 51% owned<br />

by the Government of India and 49% by the Oil and Natural Gas<br />

Corporation (ONGC). Its primary objective is to provide helicopter<br />

support services to the oil sector for its off-shore exploration<br />

operations and operates Dauphins. The Indian Coast Guard protects<br />

India’s maritime interests and enforces maritime law using Alouettes<br />

and Dhruvs. Global Vectra Helicorp. specializes in offshore and<br />

onshore transportation services to the oil and gas sector as well, but<br />

using AW139s and Bell 412s.<br />

46<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Net <strong>Fleet</strong> Growth by OEM<br />

INDIA<br />

AgustaWestland<br />

Airbus <strong>Helicopter</strong>s<br />

30+0 0+31 100+0 0+100 74+0 0+73 1+0 0+1 17+0 0+17 3+0 0+3 4+0 0+4 14+0 0+14 3+0 0+3<br />

37<br />

38<br />

120 120<br />

89<br />

88<br />

2<br />

2<br />

21<br />

21<br />

2014 (304)<br />

<strong>2015</strong> (304)<br />

17 17<br />

4 4 5 5 4 4 5 5<br />

Bell <strong>Helicopter</strong><br />

Enstrom<br />

HAL<br />

MD<br />

Mil<br />

Robinson<br />

Schweizer<br />

Sikorsky<br />

Net <strong>Fleet</strong> Growth by Size Category<br />

15+0 0+15 91+0 0+93 34+0 0+34 100+0 0+97 4+0 0+4<br />

19<br />

19<br />

124<br />

113 116<br />

121<br />

43<br />

43<br />

5<br />

5<br />

2014 (304)<br />

<strong>2015</strong> (304)<br />

Piston<br />

Single<br />

Light Twin<br />

Medium<br />

Heavy<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 47


INDIA<br />

Breakdown by Size Category<br />

304 in Total<br />

Breakdown by Mission<br />

304 in Total<br />

Piston 19 (6%)<br />

Heavy 5 (2%)<br />

Flight Training 8 (3%) Law Enforcement 6 (2%)<br />

Private 3 (1%)<br />

Light Twin 43 (14%)<br />

Turbine<br />

94%<br />

Turbine 285 (95%)<br />

Medium 121 (40%)<br />

39+24+15+8+8+3+2+1+G<br />

Charter 24 (8%)<br />

SAR<br />

25 (8%)<br />

Multi-Mission<br />

39<br />

Multi-Mission 117 (39%)<br />

Corporate 74 (24%)<br />

Single 116 (38%)<br />

Offshore Operations 47 (15%)<br />

Breakdown by OEM<br />

<strong>Fleet</strong> Size<br />

Sikorsky 5 (2%)<br />

Mil 5 (2%)<br />

MD 4 (1%)<br />

Schweizer 4 (1%)<br />

Replacement Cost (USD)<br />

Mil (2%)<br />

Agusta<br />

Westland<br />

38 (12%)<br />

39+29+12+7+6+2+2+1+1+G<br />

Robinson 17 (6%)<br />

HAL 21 (7%)<br />

Enstrom 2 (1%)<br />

HAL<br />

(12%)<br />

Agusta<br />

Westland<br />

(18%)<br />

38+24+18+12+4+2+1+1+G<br />

Sikorsky (4%)<br />

304 $1,643M<br />

Others (1%)<br />

MD (1%)<br />

Airbus <strong>Helicopter</strong>s<br />

(38%)<br />

Bell <strong>Helicopter</strong><br />

88 (29%)<br />

Airbus <strong>Helicopter</strong>s<br />

120 (39%)<br />

Bell <strong>Helicopter</strong> (24%)<br />

Note: The market share of Enstrom, Mil, Robinson and Schweizer’s<br />

replacement costs are less than 1%.<br />

48<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Breakdown by <strong>Helicopter</strong> Model – Turbine Only<br />

285 in Total<br />

INDIA<br />

AgustaWestland<br />

38 (13%)<br />

Airbus <strong>Helicopter</strong>s<br />

120 (42%)<br />

Bell <strong>Helicopter</strong><br />

88 (31%)<br />

Enstrom 2 (1%)<br />

HAL 21 (7%)<br />

MD 4 (1%)<br />

Mil 5 (2%)<br />

Robinson 1<br />

Schweizer 1<br />

Sikorsky 5 (2%)<br />

24+10+4 40+26+24+6+5+5+4+4+3+2+129+28+14+7+3+3+2+2 2 21 3+1 5 1 1 5<br />

AW109 24<br />

AW139 10<br />

AW119 4<br />

AS365 40<br />

SA316 26<br />

AS350 24<br />

EC135 6<br />

AS355 5<br />

SA319 5<br />

SA315 4<br />

EC155 4<br />

EC130 3<br />

EC120 2<br />

EC145 1<br />

Bell 407<br />

Bell 412<br />

Bell 206 14<br />

Bell 429 7<br />

Bell 230 3<br />

Bell 212 3<br />

Bell 430<br />

Bell 427<br />

<strong>EN</strong>480<br />

Dhruv<br />

2<br />

MD 900 3<br />

MD 520 1<br />

R66 1<br />

S-330 1<br />

2<br />

2<br />

Mi-8 5<br />

S-76C++ 5<br />

21<br />

28<br />

29<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 49


INDIA<br />

Breakdown by Operator<br />

Top 46 – Out of 130 Operators (2 or more helicopters)<br />

Pawan Hans <strong>Helicopter</strong>s<br />

Indian Coast Guard<br />

Global Vectra Helicorp<br />

Heligo Charters<br />

Hindustan Aeronautics<br />

Deccan Charters<br />

Indian Border Security Force<br />

OSS Air Management<br />

Prabhatam Aviation<br />

United Helicharters<br />

Aryan Aviation<br />

Ghodawat Industries<br />

Gov’t of Uttar Pradesh<br />

HAL Rotary Wing Academy<br />

Heritage Aviation<br />

Himalayan Heli Services<br />

India Fly Safe Aviation<br />

Mesco Airlines<br />

Reliance Commercial Dealers<br />

UTair India<br />

Aerotech Aviation India<br />

Aryan Aviation<br />

B.G. Shirke Construction Technology<br />

Dhillon Aviation<br />

Essar Group<br />

Gov’t of Bihar<br />

Gov’t of Jammu & Kashmir<br />

Gov’t of Jharkhand<br />

Gov’t of Madhya Pradesh<br />

Gov’t of Maharashtra<br />

Gov’t of Uttaranchal<br />

Hindustan Construction Company<br />

Indian Metals & Ferro Alloys<br />

Indo Copters<br />

Jaypee Associates<br />

Kestrel Aviation<br />

44+25+23+9+9+7+6+5+4+4+3+3+3+3+3+3+3+3+3+3+2+2+2+2+2+2+2+2+2+2+2+2+2+2+2+2 2+2+2+2+2+2+2+2+2+2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

4<br />

4<br />

5<br />

6<br />

7<br />

9<br />

9<br />

23<br />

25<br />

King Rotors & Air Charter<br />

Kingfisher Airlines<br />

Oil & Natural Gas Corporation<br />

Oxford Enterprises<br />

Reliance Industries<br />

Religare Aviation<br />

Summit Aviation<br />

Tata Power Company<br />

Tata Steel<br />

Trans Bharat Aviation<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

44<br />

50<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Top Operator <strong>Fleet</strong>s by Model<br />

INDIA<br />

44+25+23+9+9+7+6+5+4+4<br />

25 23<br />

9 9 7 6 5 4 4<br />

Pawan Hans<br />

<strong>Helicopter</strong>s<br />

Indian Coast<br />

Guard<br />

Global Vectra<br />

Helicorp<br />

Heligo Charters<br />

Total<br />

AW109 4 4<br />

AgustaWestland AW119 1 1<br />

AW139 4 3 7<br />

AS350 2 4 1 2 9<br />

EC155 1 1<br />

EC135 1 1 2<br />

AS355 1 1<br />

Airbus<br />

AS365 32 2 34<br />

<strong>Helicopter</strong>s<br />

EC130 1 1<br />

SA315 1 1<br />

SA316 20 1 21<br />

SA319 1 1<br />

Bell 206 3 2 5<br />

Bell 212 2 2<br />

Bell <strong>Helicopter</strong> Bell 230 1 1<br />

Bell 407 4 4<br />

Bell 412 12 4 2 2 20<br />

HAL Dhruv 5 5 5 15<br />

Mil Mi-8 3 3<br />

Schweizer<br />

S-300 2 2<br />

S-330 1 1<br />

Total 44 25 23 9 9 7 6 5 4 4 136<br />

Hindustan<br />

Aeronautics<br />

Deccan Charters<br />

Indian Border<br />

Security Force<br />

OSS Air<br />

Management<br />

Prabhatam<br />

Aviation<br />

United<br />

Helicharters<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 51


INDIA<br />

<strong>Fleet</strong> Breakdown by Mission & OEM<br />

117<br />

100+87+55+29+28+9+7+4<br />

74<br />

47<br />

25 24<br />

8 6 3<br />

Total <strong>Fleet</strong> Age Distribution<br />

304 in Total<br />

35<br />

30<br />

25<br />

20<br />

15<br />

10<br />

5<br />

0<br />

1973<br />

1974<br />

1975<br />

1976<br />

1977<br />

1978<br />

1979<br />

1980<br />

1981<br />

1982<br />

1983<br />

1984<br />

1985<br />

1986<br />

1987<br />

1988<br />

1989<br />

1990<br />

1991<br />

1992<br />

1993<br />

1994<br />

1995<br />

1996<br />

1997<br />

1998<br />

1999<br />

2000<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

2011<br />

2012<br />

2013<br />

2014<br />

<strong>2015</strong><br />

Multi-Mission<br />

Corporate<br />

Offshore<br />

Operations<br />

SAR<br />

AgustaWestland 5 22 8 2 1 38<br />

Airbus <strong>Helicopter</strong>s 54 12 21 20 10 1 1 1 120<br />

Bell <strong>Helicopter</strong> 38 22 18 9 1 88<br />

Enstrom 1 1 2<br />

HAL 10 5 1 5 21<br />

MD 2 2 4<br />

Mil 2 3 5<br />

Robinson 3 11 2 1 17<br />

Schweizer 1 3 4<br />

Sikorsky 1 4 5<br />

Total 117 74 47 25 24 8 6 3 304<br />

Charter<br />

Flight Training<br />

Law Enforcement<br />

Private<br />

Total<br />

<strong>Year</strong> of Manufacture<br />

52<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Additions & Deductions Per Model<br />

INDIA<br />

Agusta<br />

Westland<br />

+1<br />

AW139<br />

1<br />

EC130<br />

2<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

AS350<br />

-1<br />

2<br />

Deductions (-5)<br />

New Deliveries (+1)<br />

Pre-owned (+4)<br />

AS365<br />

-3<br />

Bell<br />

<strong>Helicopter</strong><br />

-1<br />

Bell 412<br />

-1<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 53


SOUTHEAST ASIA<br />

THAILAND<br />

The largest share of helicopters in Thailand are used by the Thai government for<br />

law enforcement, environmental conservation, forestry, and aerial surveying. Only<br />

a few local operators have established traditional commercial operations and<br />

primarily for supporting the offshore oil and gas industry in the Gulf of Thailand, as<br />

well as providing helicopters for corporate use and charter services.<br />

There are 112 helicopters operating in Thailand. Bell <strong>Helicopter</strong> is the market<br />

leader with 46%, followed by Airbus <strong>Helicopter</strong>s with 30%, and Sikorsky and<br />

AgustaWestland at 12% and 7% respectively.<br />

112 in Total<br />

Uncharacteristically, most operators in Thailand chose to focus on one specific<br />

mission rather that a more diverse range of services. Providers of charter,<br />

EMS, SAR and offshore operations, as well as helicopters used by large Thai<br />

conglomerates for corporate transport, are all separate operators.<br />

Primary government operators are the Thai Royal Police Department which is active<br />

in a variety of law enforcement activities. The Ministry of Natural Resources and<br />

Environment is responsible for protecting the country’s natural resources.<br />

In the offshore segment, SFS Aviation, Thai Aviation Services, and United Offshore<br />

Aviation operate a combined fleet of 21 helicopters.<br />

Advance Aviation operates a fleet of five helicopters and are the largest charter<br />

service provider in the country.<br />

Thailand’s fleet grew by only 1 helicopter in <strong>2015</strong> compared to 12 additions in<br />

2014. Thailand’s aviation regulations restrict the importation of helicopters above<br />

5 years old, making it difficult for used aircraft to penetrate the market, forcing<br />

operators and buyers to opt for new helicopters unless they are locally available.<br />

<strong>ASG</strong> expects multi-mission and utility helicopter activity to rise in Thailand in the<br />

coming years.<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 55


THAILAND<br />

Net <strong>Fleet</strong> Growth by OEM<br />

7+0 0+8 32+0 0+34 53+0 0+526+0 13+0 0+13<br />

7<br />

8<br />

32 34<br />

53 52<br />

6<br />

5<br />

13 13<br />

2014 (111)<br />

<strong>2015</strong> (112)<br />

AgustaWestland<br />

Airbus <strong>Helicopter</strong>s<br />

Bell <strong>Helicopter</strong><br />

Robinson<br />

Sikorsky<br />

Net <strong>Fleet</strong> Growth by Mission<br />

Law Enforcement<br />

49+0 0+50 26+0 0+27 21+0 0+214+0 0+55+0 0+33+0 0+32+0 0+21+0<br />

0+1<br />

49 50<br />

26 27<br />

21 21<br />

4<br />

5<br />

5<br />

3<br />

3<br />

3<br />

2<br />

2<br />

1<br />

1<br />

2014 (111)<br />

<strong>2015</strong> (112)<br />

Multi-Mission<br />

Offshore Operations<br />

Charter<br />

Corporate<br />

Flight Training<br />

Private<br />

EMS<br />

Net <strong>Fleet</strong> Growth by Size Category<br />

6+0 0+5 37+0 0+374+0 0+4 62+0 0+642+0<br />

0+2<br />

6<br />

5<br />

37 37<br />

4<br />

4<br />

62 64<br />

2<br />

2<br />

2014 (111)<br />

<strong>2015</strong> (112)<br />

Piston<br />

Single<br />

Light Twin<br />

Medium<br />

Heavy<br />

56<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Breakdown by Size Category<br />

112 in Total<br />

Breakdown by Mission<br />

112 in Total<br />

THAILAND<br />

Turbine<br />

96%<br />

44+24+19+4+3+3+2+1+G<br />

Law<br />

Enforcement<br />

44%<br />

Light Twin 4 (4%)<br />

Piston 5 (4%)<br />

Heavy 2 (2%)<br />

Corporate 3 (3%)<br />

Charter 5 (4%)<br />

Offshore Operations<br />

21 (19%)<br />

Flight Training 3 (3%)<br />

Private 2 (2%)<br />

EMS 1 (1%)<br />

Single 37 (33%)<br />

Medium 64 (57%)<br />

Multi-Mission 27 (24%)<br />

Law Enforcement 50 (44%)<br />

Breakdown by OEM<br />

<strong>Fleet</strong> Size<br />

Replacement Cost (USD)<br />

46+30+12+7+5+G<br />

AgustaWestland 8 (7%)<br />

Sikorsky<br />

13 (12%)<br />

Airbus <strong>Helicopter</strong>s<br />

34 (30%)<br />

Robinson 5 (5%)<br />

Bell <strong>Helicopter</strong><br />

52 (46%)<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

(27%)<br />

34+28+27+11+G<br />

AgustaWestland (11%)<br />

112 $623M<br />

Bell <strong>Helicopter</strong><br />

(34%)<br />

Sikorsky (28%)<br />

Note: The market share of Robinson’s replacement cost is less than 1%.<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 57


THAILAND<br />

Breakdown by <strong>Helicopter</strong> Model – Turbine Only<br />

107 in Total<br />

AgustaWestland<br />

8 (7%)<br />

AW109<br />

8<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

34 (32%)<br />

AS350<br />

EC155<br />

7<br />

14<br />

EC130<br />

4<br />

EC135<br />

EC145<br />

3<br />

3<br />

AS365<br />

2<br />

AS355<br />

1<br />

Bell <strong>Helicopter</strong><br />

52 (49%)<br />

Bell 206<br />

Bell 412<br />

14<br />

18<br />

Bell 212<br />

12<br />

Bell 205<br />

7<br />

Bell 407<br />

1<br />

Sikorksy<br />

13 (12%)<br />

S-76C++<br />

S-76C+<br />

4<br />

7<br />

S-92<br />

2<br />

58<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Top Operator <strong>Fleet</strong>s<br />

50+12+10+6+5+5+5+4+3+3+3<br />

by Model<br />

50<br />

12 10 6 5 5 5 4 3 3 3<br />

THAILAND<br />

Police-Aviation<br />

Dept<br />

Natural Resources<br />

Ministry<br />

Thai Aviation<br />

Services<br />

SFS<br />

Aviation<br />

Advance<br />

Aviation<br />

Total<br />

AgustaWestland AW139 3 5 8<br />

AS350 11 2 1 14<br />

AS355 1 1<br />

Airbus AS365 2 2<br />

<strong>Helicopter</strong>s EC130 3 1 4<br />

EC135 1 2 3<br />

EC155 5 2 7<br />

Bell 205 7 7<br />

Bell 206 15 2 1 18<br />

Bell <strong>Helicopter</strong> Bell 212 12 12<br />

Bell 407 1 1<br />

Bell 412 9 2 11<br />

Robinson R44 3 2 5<br />

S-76C+ 1 3 4<br />

Sikorsky S-76C++ 7 7<br />

S-92 2 2<br />

Total 50 12 10 6 5 5 5 4 3 3 3 106<br />

Agricultural<br />

Aviation<br />

United Offshore<br />

Aviation<br />

Thai Survey<br />

Department<br />

<strong>Civil</strong> Aviation<br />

Training Center<br />

Electricity Generating<br />

Authority<br />

Heliluck<br />

Aviation<br />

<strong>Fleet</strong> Breakdown by Mission & OEM<br />

50+27+21+5+3+3+2+1<br />

27<br />

21<br />

5 3 3 2 1<br />

Law Enforcement<br />

Multi-Mission<br />

Offshore<br />

Operations<br />

Charter<br />

Total<br />

AgustaWestland 8 8<br />

Airbus <strong>Helicopter</strong>s 7 19 5 2 1 34<br />

Bell <strong>Helicopter</strong> 43 6 1 2 52<br />

Robinson 2 3 5<br />

Sikorsky 13 13<br />

Total 50 27 21 5 3 3 2 1 112<br />

Corporate<br />

Flight Training<br />

Private<br />

EMS<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 59


THAILAND<br />

Total <strong>Fleet</strong> Age Distribution<br />

112 in Total<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

1959<br />

1960<br />

1961<br />

1962<br />

1963<br />

1964<br />

1965<br />

1966<br />

1967<br />

1968<br />

1969<br />

1970<br />

1971<br />

1972<br />

1973<br />

1974<br />

1975<br />

1976<br />

1977<br />

1978<br />

1979<br />

1980<br />

1981<br />

1982<br />

1983<br />

1984<br />

1985<br />

1986<br />

1987<br />

1988<br />

1989<br />

1990<br />

1991<br />

1992<br />

1993<br />

1994<br />

1995<br />

1996<br />

1997<br />

1998<br />

1999<br />

2000<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

2011<br />

2012<br />

2013<br />

2014<br />

<strong>2015</strong><br />

<strong>Year</strong> of Manufacture<br />

60<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


THAILAND<br />

Additions & Deductions Per Model<br />

1 in total<br />

Agusta<br />

Westland<br />

+1<br />

AW139<br />

1<br />

EC155<br />

2<br />

2<br />

EC130<br />

1<br />

Deductions (-4)<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

+2<br />

EC165<br />

1<br />

New Deliveries (+4)<br />

Pre-owned (+1)<br />

AS365<br />

-1<br />

BK117<br />

-1<br />

Bell<br />

<strong>Helicopter</strong><br />

-1<br />

Bell 430<br />

-1<br />

Robinson<br />

-1<br />

R44<br />

-1<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 61


SPOTLIGHT ON SAFETY<br />

Operator Profile<br />

SFS Aviation<br />

Tisanu Ratanarat<br />

CEO<br />

SFS Avation<br />

During the oil industry’s boom time when oil prices were<br />

three figures per barrel, offshore helicopters were selling at<br />

an incredible pace. Perceiving a huge market opportunity,<br />

companies serving the oil & gas industry likewise started<br />

popping up everywhere. But as with any growth surge based<br />

on a boom in a notoriously volatile market, not all the new<br />

start-ups that came along were built to last. Those that were<br />

constructed to weather the lean times, as we find ourselves<br />

in today, recognized that to survive one key element was the<br />

need to create a long-term culture of expertise and safety.<br />

SFS Aviation Co. Ltd. in Thailand is one of the hardiest<br />

operators to be found in the helicopter industry, founded on<br />

a safety culture that has not only won it countless accolades,<br />

but also provides an excellent model for how newcomers to<br />

the industry might succeed, even in a market as tough as<br />

today.<br />

The secret to SFS’s success has been its commitment to<br />

a safety culture that in turn opens the door for constant<br />

expansion and opportunity. The company is part of a Thaiowned<br />

family business with revenues of US$350 million<br />

which specializing in fuel, lubricants, chemicals, land<br />

and marine logistics, fabrications, aviation, and the R&D<br />

activities related to these industries. Founded in 1990<br />

by CEO and professionally trained helicopter pilot Chira<br />

Ratanarat, SFS currently flies offshore in Thailand with new<br />

technology aircraft, operations that began in 2005. SFS is<br />

the only Thai operator that is in compliance with Thai legal<br />

regulations regarding the number of Thai pilots, and is the<br />

first to use European standard manuals, a new Thai Director<br />

of <strong>Civil</strong> Aviation requirement.<br />

In addressing the current struggles in the offshore helicopter<br />

market, SFS Aviation CEO Tisanu Ratanarat says, “All of us<br />

are trying to survive this ‘great down-turn’ in our own ways.<br />

But we hope that despite the cost-conscious environment,<br />

all of us can continue to stay true to our mottos and our<br />

essential safety policies. In fact, with a slow market and<br />

reduced activities, there is no better time than now to look<br />

inward and see how we can improve our standardized<br />

processes. It is an opportunity to enhance our services so<br />

that, when the market turns up again, our industries will be<br />

even safer than they are today.”<br />

62<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


SFS’s commitment to safety has been a<br />

mainstay of its development and vision from the<br />

earliest days. Ratanarat suggests that there<br />

are several tasks that will help operators reach<br />

the highest level of safety performance. These<br />

tasks include surveying and recognizing all<br />

the possible threats and risks in the industry,<br />

analyzing and mapping those risks against<br />

unwanted hazardous scenarios, designing<br />

risk control processes to prevent those<br />

scenarios from happening, implementing<br />

and monitoring risk control processes, and<br />

continually revamping the processes to further<br />

strengthen them before reimplementation. In<br />

addition, safety performance initiatives can be<br />

enhanced through the introduction of a Safety<br />

Management System and Audit Program. SFS<br />

itself provides a particularly strong example<br />

of the application of these initiatives and<br />

enhancements, and remains committed to the<br />

idea that the right enhancements of this sort will<br />

drive operators in the region to perform better in<br />

safety management.<br />

Ratanarat adds further, “An appropriate Audit<br />

Program designed to build up and lead to a<br />

higher and safer performing operation assumes<br />

that the operator will keep records of Safety KPIs<br />

or SPIs (Safety Performance Indicators) and logs<br />

of the existing and redesigned and improved<br />

risk control processes.” The steps to formulate<br />

such a program begin with an audit of basic<br />

standard operation documentation, hardware,<br />

and operation/maintenance/training records.<br />

From there, it moves to an audit of activities<br />

under the Safety Management System, such as<br />

Safety Case and Management of Change. The<br />

next step is to determine whether Risk Profiles<br />

and Maps reflect the real risks in the operating<br />

environment and whether the control processes<br />

for those risks are actually in place. From there,<br />

the program moves to an audit for additional riskrelated<br />

changes and incoming triggers, leading<br />

to an update (i.e., redesign and implementation)<br />

of the relevant Risk Control Processes. Next, an<br />

audit is made of the effectiveness and elegance<br />

of the design evolution of the Risk Control<br />

Processes. The final step is an audit of how<br />

quickly the Risk Control Processes are modified<br />

from the time the trigger occurs, so as to<br />

minimize exposure time to any of the new risks<br />

that might surface.<br />

Ratanarat notes that passing an audit of<br />

the above depth and scale is a challenge<br />

for any company, especially because the<br />

current standards and guidelines stop at the<br />

second step. He adds, “What is needed is the<br />

commitment and drive from individual auditors<br />

to seek further solutions. The goal should be to<br />

push past the fourth step, which would mean<br />

attaining true safety performance.”<br />

To Ratanarat and SFS, it is obvious that the<br />

goal of all oil companies and operators should<br />

be to operate safely so as to avoid accidents<br />

and save lives. The company hopes to set a<br />

standard for the region, calling on its fellow<br />

operators to allocate the necessary time and<br />

management resources to create an in-depth<br />

Safety Management System Specification and<br />

complementary Audit Program. Ratanarat urges,<br />

“Now is the opportune time to drive our region’s<br />

safety to the next level. If we succeed, we can all<br />

come out on the other side better geared for a<br />

safer tomorrow.”<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 63


64<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


PHILIPPINES<br />

The Philippines helicopter fleet has the characteristics of a mature, developed and<br />

relatively free market in terms of airspace and operating regulations. There are<br />

200 helicopters in service in the Philippines, up from 186 in 2014, representing<br />

an 8% increase. Airbus <strong>Helicopter</strong>s represents over 40% of the fleet, followed by<br />

Robinson with 22%, Bell <strong>Helicopter</strong> 21%, and AgustaWestland with a 7% market<br />

share.<br />

The geography of the Philippines makes helicopters an essential means of<br />

efficient transportation. The archipelago consists of over 7,000 islands in three<br />

main island groups, Luzon in the North, central Visayas, and Mindanao in the<br />

South. Transportation infrastructure within the main islands is still poor despite<br />

government efforts and plans to improve them over time. Severe traffic within and<br />

on the roads leading to Manila make mobility extremely difficult at times. Adding<br />

to the geographic layout and poor infrastructure, the Philippines are frequently<br />

hit by extreme weather conditions causing occasional natural disasters requiring<br />

significant relief efforts. These conditions make helicopters a major internal means<br />

of transport for corporations with operations throughout the country such as the<br />

construction industry, mining, agriculture, fisheries, and livestock.<br />

200 in Total<br />

There are over 100 operators in the Philippines for a fleet of 200 helicopters.<br />

Many operators are individuals and corporations managing their own helicopters,<br />

which typically are either light single or piston-engine helicopters. These 2 types<br />

represent 66% of the total Philippines fleet. This strong and stable market in terms<br />

of private transport and corporate use in the Philippines results in these missions<br />

representing 42% of the market, the largest corporate market share in the <strong>Asia</strong><br />

<strong>Pacific</strong> region. This is followed by multi-mission helicopters (28%) and those used<br />

for charter services (13%).<br />

There are very few civil helicopters dedicated to SAR and EMS. Some of these<br />

operations are under the responsibility of the Philippines navy which has been<br />

slowly adding helicopters and making plans for SAR and disaster relief capabilities.<br />

Additions to the Philippines fleet in <strong>2015</strong> were deliveries to a combination of<br />

corporate and government entities. 11 of these were new aircraft, 8 were preowned,<br />

along with 5 deductions.<br />

In preparation for the upcoming elections in May 2016, many operators have<br />

been gearing-up and preparing their fleets for the expected high volume of charter<br />

requirements during the election campaigns of electoral candidates.<br />

In Manila, the Ninoy Aquino International Airport (NAIA) is home to a large number<br />

of helicopter operators. However, high traffic levels and the lack of space at the<br />

airport is making the environment increasingly challenging and is causing some<br />

general aviation companies to look for alternative operational solutions. Clark<br />

International Airfield is positioning itself as a primary candidate to becoming<br />

a general aviation hub and attracting aviation related businesses, including<br />

helicopters, to move their operations to the Clark Freeport Zone.<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 65


PHILIPPINES<br />

Net <strong>Fleet</strong> Growth by OEM<br />

AgustaWestland<br />

16+0 0+14 79+0 0+84 37+0 0+432+0 0+26+0 0+9 44+0 0+452+0 0+2 0+0 0+3<br />

16 14<br />

79<br />

84<br />

44 45<br />

37 43 2 6 9<br />

2 2 2 1<br />

2014 (186)<br />

<strong>2015</strong> (200)<br />

Airbus <strong>Helicopter</strong>s<br />

Bell <strong>Helicopter</strong><br />

Enstrom<br />

MD<br />

Robinson<br />

Schweizer<br />

Sikorsky<br />

Net <strong>Fleet</strong> Growth by Mission<br />

Corporate<br />

74+0 0+75 52+0 0+57 26+0 0+26 12+0 0+18 11+0 0+115+0 0+53+0 0+33+0 0+310<br />

74 75<br />

51<br />

57<br />

26 26<br />

18<br />

12<br />

11 11<br />

2014 (186)<br />

<strong>2015</strong> (200)<br />

5 5 3 3 3 3 1 2<br />

Multi-Mission<br />

Charter<br />

Law Enforcement<br />

Private<br />

Offshore Operations<br />

SAR<br />

Flight Training<br />

EMS<br />

Net <strong>Fleet</strong> Growth by Size Category<br />

2014 (186)<br />

<strong>2015</strong> (200)<br />

47+0 0+48 82+0 0+85 30+0 0+32 27+0 0+35<br />

47 48<br />

82 85<br />

30 32<br />

35<br />

27<br />

Piston<br />

Single<br />

Light Twin<br />

Meidum<br />

66<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Breakdown by Size Category<br />

200 in Total<br />

Breakdown by Mission<br />

200 in Total<br />

PHILIPPINES<br />

Medium 35 (18%)<br />

Piston 48 (24%)<br />

Turbine<br />

76%<br />

Light Twin 32 (16%)<br />

Single 85 (42%)<br />

37+28+13+9+5+3+2+2+1+G<br />

Offshore Operations<br />

5 (3%)<br />

Private 11 (5%)<br />

Law<br />

Enforcement<br />

18 (9%)<br />

Charter<br />

26 (13%)<br />

Multi-Mission<br />

57 (28%)<br />

Corporate<br />

37%<br />

SAR 3 (2%)<br />

Flight Training 3 (2%)<br />

EMS 2 (1%)<br />

Corporate<br />

75 (37%)<br />

Breakdown by OEM<br />

<strong>Fleet</strong> Size<br />

Replacement Cost (USD)<br />

5+2+1+42+22+21+7+G<br />

AgustaWestland 14 (7%)<br />

Bell <strong>Helicopter</strong><br />

43 (21%)<br />

MD 9 (5%)<br />

Others 4 (2%)<br />

Sikorsky 1 (1%)<br />

50+26+16+3+2+2+1+G<br />

MD (3%) Sikorsky (2%)<br />

AgustaWestland<br />

(16%)<br />

200 $652M<br />

Robinson (2%)<br />

Others (1%)<br />

Robinson 45 (22%)<br />

Airbus <strong>Helicopter</strong>s<br />

84 (42%)<br />

Bell <strong>Helicopter</strong> (26%)<br />

Airbus <strong>Helicopter</strong>s<br />

(50%)<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 67


PHILIPPINES<br />

Breakdown by <strong>Helicopter</strong> Model – Turbine Only<br />

152 in Total<br />

AgustaWestland<br />

14 (9%)<br />

AW109<br />

AW139<br />

4<br />

8<br />

AW119<br />

2<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

84 (55%)<br />

AS350<br />

EC130<br />

16<br />

7<br />

35<br />

BO105<br />

10<br />

AS355<br />

7<br />

EC135<br />

EC145<br />

AS365<br />

4<br />

4<br />

4<br />

SA313<br />

2<br />

EC155<br />

SA341<br />

1<br />

1<br />

Bell <strong>Helicopter</strong><br />

43 (28%)<br />

Bell 206<br />

Bell 412<br />

13<br />

19<br />

Bell 429<br />

5<br />

Bell 430<br />

Bell 407<br />

2<br />

2<br />

Enstrom 1 (1%)<br />

Bell 427<br />

Bell 214<br />

<strong>EN</strong>480<br />

1<br />

1<br />

1<br />

MD 9 (6%)<br />

MD 500<br />

4<br />

MD 900<br />

MD 600<br />

2<br />

2<br />

Sikorksy 1 (1%)<br />

MD 520<br />

S-76A<br />

1<br />

1<br />

68<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Breakdown by Operator<br />

Top 29 – Out of 110 Operators (2 or more helicopters)<br />

PHILIPPINES<br />

Lionair<br />

15<br />

National Police<br />

12<br />

INAEC Aviation<br />

9<br />

Subic Int’l Air Charter<br />

8<br />

<strong>Asia</strong>n Aerospace Corporation<br />

National Defense<br />

6<br />

6<br />

Airgurus<br />

Challenger Aero Air<br />

Helitrend<br />

Philippines National Grid<br />

PhilJets Aero Services<br />

Royal Star Aviation<br />

4<br />

4<br />

4<br />

4<br />

4<br />

4<br />

<strong>Asia</strong> Aircraft Overseas<br />

Beeline <strong>Helicopter</strong>s<br />

Frabelle Properties<br />

Gov’t of Philippines - Air Trans Office<br />

Philip Morris Fortune Tobacco<br />

3<br />

3<br />

3<br />

3<br />

3<br />

Airspan Corporation<br />

Executive Heli Jet<br />

GCA Skyline<br />

Gov’t of Philippines<br />

HHIC-Phil<br />

Masters Flying School<br />

Philippine Airlines<br />

Philippine Coast Guard<br />

Philippine Long Distance Telephone<br />

TDG <strong>Asia</strong><br />

Trans <strong>Pacific</strong><br />

Vibrant Earth Movers<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 69


PHILIPPINES<br />

15+12+9+8+6+6+4+4+4+4+4<br />

Top Operator - <strong>Fleet</strong> Breakdown by Model<br />

15<br />

12<br />

9 8 6 6 4 4 4 4 4 4<br />

Lionair<br />

National Police<br />

INAEC Aviation<br />

Subic Int’l<br />

Air Charter<br />

<strong>Asia</strong>n Aerospace<br />

Corporation<br />

National Defense<br />

Airgurus<br />

Challenger<br />

Aero Air<br />

Helitrend<br />

PhilJets Aero<br />

Services<br />

Philippines<br />

National Grid<br />

Royal Star<br />

Aviation<br />

Total<br />

AgustaWestland AW109 1 1 1 3 6<br />

AW139 2 2<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

Bell <strong>Helicopter</strong><br />

MD<br />

AS350 4 2 3 1 1 3 1 2 17<br />

AS355 2 2<br />

AS365 1 1<br />

BO105 6 6<br />

EC130 2 2 2 6<br />

EC135 1 1<br />

EC145 1 1<br />

Bell 206 1 2 1 1 5<br />

Bell 412 6 1 7<br />

Bell 427 1 1<br />

Bell 429 1 1<br />

MD 500 2 2<br />

MD 600 1 1<br />

MD 900 2 2<br />

Robinson R44 15 2 1 1 19<br />

Total 15 12 9 8 6 6 4 4 4 4 4 4 80<br />

<strong>Fleet</strong> Breakdown by Mission & OEM<br />

75+57+26+18+11+5+3+3+2<br />

57<br />

26<br />

18<br />

11<br />

5 3 3 2<br />

Corporate<br />

Multi-Mission<br />

Charter<br />

Law Enforcement<br />

Total<br />

AgustaWestland 5 5 2 2 14<br />

Airbus <strong>Helicopter</strong>s 33 22 12 10 2 3 2 84<br />

Bell <strong>Helicopter</strong> 16 18 6 2 1 43<br />

Enstrom 1 1 2<br />

MD 3 6 9<br />

Robinson 17 5 14 2 5 1 1 45<br />

Schweizer 2 2<br />

Sikorsky 1 1<br />

Total 75 57 26 18 11 5 3 3 2 200<br />

Private<br />

Offshore<br />

Operations<br />

Flight Training<br />

SAR<br />

EMS<br />

70<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Total <strong>Fleet</strong> Age Distribution<br />

200 in Total<br />

PHILIPPINES<br />

20<br />

18<br />

16<br />

14<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

1963<br />

1964<br />

1965<br />

1966<br />

1967<br />

1968<br />

1969<br />

1970<br />

1971<br />

1972<br />

1973<br />

1974<br />

1975<br />

1976<br />

1977<br />

1978<br />

1979<br />

1980<br />

1981<br />

1982<br />

1983<br />

1984<br />

1985<br />

1986<br />

1987<br />

1988<br />

1989<br />

1990<br />

1991<br />

1992<br />

1993<br />

1994<br />

1995<br />

1996<br />

1997<br />

1998<br />

1999<br />

2000<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

2011<br />

2012<br />

2013<br />

2014<br />

<strong>2015</strong><br />

<strong>Year</strong> of Manufacture<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 71


PHILIPPINES<br />

Additions & Deductions Per Model<br />

14 in total<br />

Agusta<br />

Westland<br />

-2<br />

AW139<br />

AW109<br />

-1<br />

-1<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

+5<br />

AC350<br />

EC130<br />

1<br />

2<br />

2<br />

Bell 412<br />

6<br />

Bell 429<br />

1 1<br />

Bell<br />

<strong>Helicopter</strong><br />

+6<br />

Bell 427<br />

1<br />

Deductions (-5)<br />

Bell 407<br />

Bell 206<br />

-2<br />

-1<br />

New Deliveries (+11)<br />

Pre-owned (+8)<br />

MD 900<br />

2<br />

MD<br />

+3<br />

MD 500<br />

1<br />

Robinson<br />

+1<br />

R44<br />

1<br />

Sikorsky<br />

+1<br />

S-76A<br />

1<br />

72<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


MALAYSIA<br />

There are 165 civil helicopters in operations in Malaysia, down from 169 last year.<br />

The fleet is dominated by Airbus <strong>Helicopter</strong>s with a market share of 50% followed<br />

by AgustaWestland at 20%, and Bell <strong>Helicopter</strong>, Robinson and Sikorsky trailing with<br />

12%, 9% and 7% market share respectively.<br />

Malaysia is the most dominant offshore player in Southeast <strong>Asia</strong> with nearly 30%<br />

of the total fleet configured for offshore oil and gas support. These operations are<br />

carried out by 4 main operators with the largest being MHS Aviation and Weststar<br />

Aviation, both of which operate large fleets of helicopters off the Northern coast<br />

of West Malaysia. In Borneo, Awan Inspirasi, and Sazma Aviation are the main<br />

offshore support service providers.<br />

With the market being dominated by offshore configured helicopters, many<br />

operators have been facing severe challenges due to the global oil and gas<br />

downturn. As a result, some of these operators have been seeking work<br />

opportunities for their helicopters in other mission categories and even outside of<br />

Malaysia.<br />

Medium and heavy helicopters make-up 50% of the Malaysian fleet primarily due<br />

to the high number of helicopters active in government SAR operations and in the<br />

offshore fleet.<br />

<strong>Helicopter</strong>s for corporate use and VIP charter services, represent nearly 30% of the<br />

Malaysia fleet.<br />

165 in Total<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 73


INAEC Aviation Corporation<br />

Dexter Ampong<br />

General Manager<br />

INAEC Aviation Corporation<br />

Southeast <strong>Asia</strong> is home to some of the most beautiful islands and seas<br />

anywhere in the world. Often, access to these islands is limited to travel<br />

by sea or by smaller, more agile aircraft. Throughout the Philippines, in<br />

particular, there are hard to reach locations that are desirable not only for<br />

offshore oil and gas companies, but also to the tourism industry and aerial<br />

photographers. INAEC has made these and other sites in the region more<br />

accessible to its clients by providing services including contracted offshore<br />

(OGP) air transport, aircraft operations and management, aircraft maintenance,<br />

medical evacuation, high-value cargo transport, and charter aircraft<br />

for banks, aerial photographers, and corporate executives.<br />

Though it was officially founded on November 9, 1993, INAEC Aviation Corporation<br />

has roots that reach all the way back to 1932. Dexter Ampong,<br />

74<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


General Manager of INAEC, says, “INAEC goes back to its founding in 1932 as Iloilo-Negros Air<br />

Express Corp. It was the first Filipino-owned civil airline in the Philippines, founded by sugar and<br />

shipping magnate Don Eugenio Lopez. After all of its aircraft were destroyed in World War Two,<br />

it was revived and eventually sold to another group that started Philippines Airlines. From then<br />

on, the company became the first Filipino airline to go international, offering routes to Hong<br />

Kong, Bangkok, San Francisco, Shanghai, and India. In 1993, INAEC was reincorporated and is<br />

now serving the oil and gas industry. Its other main businesses are corporate charter, aircraft<br />

management, FBO, and aircraft maintenance.”<br />

Born from the heritage established by the ingenious INAEC, INAEC Aviation Corporation began<br />

in 1993 with one King Air 200 airplane and one Bell 206L3 helicopter. Today, a wholly owned<br />

subsidiary of Lopez Inc., a Filipino owned company, its fleet includes three SKA 350 turboprop<br />

airplanes, two AW139 helicopters, one Bell 429 helicopter, two EC135 helicopters, two AS355<br />

F2 helicopters, and two AS350 B2 helicopters.<br />

The company’s growth over the years is obvious just from the expansion of its fleet. “INAEC<br />

offers reliable aircraft, with a deep pool of aircraft to back up our commitment to clients,” said<br />

Ampong. Of course, on the road to such success, many challenges will crop up along the way.<br />

“INAEC is heavily involved in the Oil and Gas industry which is growing, but with the current low<br />

oil price, potential clients are putting on hold their projects that require helicopter services,”<br />

noted Ampong.<br />

INAEC is also driven by the vision of becoming the preferred air charter provider in <strong>Asia</strong>. With<br />

this guiding ethos, its concentrated mission is to provide safe, reliable air charter services that<br />

comply with both local and international standards. These values, handed down as part of the<br />

Lopez heritage, are a source of great pride to the women and men at INAEC, inspiring great<br />

dedication in all who work with the company.<br />

The future looks bright for charter air service businesses in the Philippines and the ASEAN<br />

region, and even the entire <strong>Asia</strong>-<strong>Pacific</strong>. INAEC is committed to the long term potential of the industry,<br />

and will be keeping a keen eye on developmental opportunities in the <strong>Asia</strong>-<strong>Pacific</strong> region<br />

and beyond.<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong><br />

75


76<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Net <strong>Fleet</strong> Growth by OEM<br />

MALAYSIA<br />

30+0 0+33 87+0 0+83 20+0 0+194+0 0+4 14+0 0+15 14+0 0+11<br />

30 33<br />

87<br />

83<br />

20 19<br />

4<br />

4<br />

14 15<br />

14 11<br />

2014 (169)<br />

<strong>2015</strong> (165)<br />

AgustaWestland<br />

Airbus <strong>Helicopter</strong>s<br />

Bell <strong>Helicopter</strong><br />

Mil<br />

Robinson<br />

Sikorsky<br />

Net <strong>Fleet</strong> Growth by Mission<br />

Offshore Operations<br />

50+0 0+47 33+0 0+32 28+0 0+31 18+0 0+18 12+0 0+11 12+0 0+11 10+0 0+104+0 0+320<br />

50 47<br />

33 32 28 31<br />

18 18<br />

12 11<br />

12 11<br />

10 10<br />

2014 (169)<br />

<strong>2015</strong> (165)<br />

4 3 2 2<br />

Multi-Mission<br />

Corporate<br />

Charter<br />

Flight Training<br />

Law Enforcement<br />

SAR<br />

EMS<br />

Private<br />

Net <strong>Fleet</strong> Growth by Size Category<br />

11+0 0+11 34+0 0+33 40+0 0+38 68+0 0+66 16+0 0+17<br />

11<br />

11<br />

34 33<br />

40<br />

38<br />

68 66<br />

16<br />

17<br />

2014 (169)<br />

<strong>2015</strong> (165)<br />

Piston<br />

Single<br />

Light Twin<br />

Medium<br />

Heavy<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 77


MALAYSIA<br />

Breakdown by Size Category<br />

165 in Total<br />

Breakdown by Mission<br />

165 in Total<br />

Single 33 (20%)<br />

Turbine<br />

93%<br />

Heavy 17 (10%)<br />

Piston 11 (7%)<br />

SAR 10 (6%)<br />

Law Enforcement<br />

11 (7%)<br />

Flight Training<br />

11 (7%)<br />

Offshore<br />

Operations<br />

28%<br />

EMS 3 (2%)<br />

Private 2 (1%)<br />

Offshore Operations<br />

47 (28%)<br />

Charter<br />

18 (11%)<br />

Light Twin 38 (23%)<br />

Medium 66 (40%)<br />

28+19+19+11+7+7+6+2+1+G<br />

Corporate 31 (19%)<br />

Multi-Mission 32 (19%)<br />

Breakdown by OEM<br />

<strong>Fleet</strong> Size<br />

Replacement Cost (USD)<br />

50+20+12+9+7+2+G<br />

Robinson 15 (9%)<br />

Bell <strong>Helicopter</strong><br />

19 (12%)<br />

AgustaWestland 33 (20%)<br />

Sikorsky 11 (7%)<br />

Mil 4 (2%)<br />

Airbus <strong>Helicopter</strong>s 83 (50%)<br />

56+25+12+4+3+G<br />

Bell <strong>Helicopter</strong> (4%)<br />

Sikorsky (12%)<br />

165 $1,156M<br />

AgustaWestland<br />

(25%)<br />

Mil (3%)<br />

Airbus <strong>Helicopter</strong>s<br />

(56%)<br />

78<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Breakdown by <strong>Helicopter</strong> Model – Turbine Only<br />

154 in Total<br />

MALAYSIA<br />

AgustaWestland<br />

33 (21%)<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

83 (54%)<br />

Bell<br />

<strong>Helicopter</strong><br />

19 (12%)<br />

Mil 4 (3%)<br />

Robinson 4 (3%)<br />

Sikorsky 11 (7%)<br />

29+2+1+1 19+14+11+9+7+7+6+5+2+1+1 14+2+2+1 4 4 5+4+1+1<br />

AW139 29<br />

AW109 2<br />

AW119 1<br />

AW189 1<br />

AS355 19<br />

AS365 14<br />

EC135 11<br />

EC225 9<br />

EC155 7<br />

EC120 7<br />

BO105 6<br />

AS350 5<br />

AS332L2 3<br />

EC145 1<br />

AS332L1 1<br />

Bell 206 14<br />

Bell 407 2<br />

Bell 429 2<br />

Bell 222 1<br />

Mi-8 4<br />

R66 4<br />

S-76C 5<br />

S-76C++ 4<br />

S-76C+ 1<br />

S-76B 1<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 79


MALAYSIA<br />

Breakdown by Operator<br />

Top 20 – Out of 56 Operators (2 or more helicopters)<br />

Weststar Aviation<br />

MHS Aviation<br />

Hornbill Skyways<br />

Sabah Air Aviation<br />

Malaysian Police<br />

Awan Inspirasi<br />

Layang-Layang Aero<br />

Malaysian Fire & Rescue<br />

Solaire Systems<br />

Malaysian Maritime<br />

Solaire Systems<br />

Aerial Power Lines<br />

<strong>Asia</strong> <strong>Pacific</strong> Flight Training<br />

Danga Bay<br />

Helistar<br />

PLUS <strong>Helicopter</strong><br />

Systematic Aviation Services<br />

Adtec<br />

Berjaya Air<br />

YTL Power<br />

23+19+11+10+8+7+7+7+7+6+3+3+3+3+3+3+3+2+2+2<br />

2<br />

2<br />

2<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

4<br />

7<br />

7<br />

7<br />

7<br />

8<br />

10<br />

11<br />

19<br />

23<br />

80<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Top Operator <strong>Fleet</strong>s<br />

46+38+22+20+16+14+14+14+14+12<br />

by Model<br />

23<br />

19<br />

11 10 8 7 7 7 7 6<br />

MALAYSIA<br />

AgustaWestland<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

Weststar<br />

Aviation Services<br />

MHS Aviation<br />

Hornbill<br />

Skyways<br />

Sabah Air<br />

Aviation<br />

Malaysian<br />

Police<br />

AW109 1 1 2<br />

AW139 18 3 2 3 26<br />

AW189 1 1<br />

AS350 1 1<br />

EC155 1 1<br />

EC225 5 3 8<br />

EC135 5 5<br />

AS332L1 1 1<br />

AS332L2 3 3<br />

AS355 1 3 3 8 1 16<br />

AS365 1 3 4<br />

BO105 6 6<br />

EC145 1 1<br />

EC120 1 1<br />

Bell <strong>Helicopter</strong> Bell 206 5 6 11<br />

Mil Mi-8 4 4<br />

Robinson<br />

R44 5 5<br />

R66 1 1<br />

Sikorsky<br />

S-76C 5 5<br />

S-76C++ 1 1 1 3<br />

Total 23 19 11 10 8 7 7 7 7 6 105<br />

Awan Inspirasi<br />

Layang-Layang<br />

Aero<br />

Malaysian Fire<br />

& Rescue<br />

Malaysian<br />

Maritime<br />

Solaire Systems<br />

Total<br />

<strong>Fleet</strong> Breakdown by Mission & OEM<br />

54+32+29+18+11+11+10+3+2<br />

47<br />

32 31<br />

18<br />

11 11 10<br />

3 2<br />

Offshore<br />

Operations<br />

Multi-Mission<br />

Corporate<br />

Charter<br />

Total<br />

AgustaWestland 22 1 3 1 6 33<br />

Airbus <strong>Helicopter</strong>s 16 20 21 8 11 3 3 1 83<br />

Bell <strong>Helicopter</strong> 8 2 9 19<br />

Mil 4 4<br />

Robinson 3 3 8 1 15<br />

Sikorsky 9 2 11<br />

Total 47 32 31 18 11 11 10 3 2 165<br />

Flight Training<br />

Law Enforcement<br />

SAR<br />

EMS<br />

Private<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 81


MALAYSIA<br />

Total <strong>Fleet</strong> Age Distribution<br />

165 in Total<br />

20<br />

18<br />

16<br />

14<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

1973<br />

1974<br />

1975<br />

1976<br />

1977<br />

1978<br />

1979<br />

1980<br />

1981<br />

1982<br />

1983<br />

1984<br />

1985<br />

1986<br />

1987<br />

1988<br />

1989<br />

1990<br />

1991<br />

1992<br />

1993<br />

1994<br />

1995<br />

1996<br />

1997<br />

1998<br />

1999<br />

2000<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

2011<br />

2012<br />

2013<br />

2014<br />

<strong>2015</strong><br />

<strong>Year</strong> of Manufacture<br />

82<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


MALAYSIA<br />

Additions & Deductions Per Model<br />

-4 in total<br />

AW139<br />

-2<br />

4<br />

Agusta<br />

Westland<br />

AW189<br />

1<br />

EC135<br />

1<br />

EC155<br />

-1<br />

2<br />

EC225<br />

1<br />

Aitbus<br />

<strong>Helicopter</strong>s<br />

Bell<br />

<strong>Helicopter</strong><br />

+3<br />

Robinson<br />

Sikorsky<br />

-3 +1 -1<br />

-4<br />

AS355<br />

AS350<br />

BO105<br />

AS365<br />

Bell 206<br />

R66<br />

S-76C++<br />

-3<br />

-3<br />

-2<br />

-1<br />

-1<br />

-1<br />

1<br />

Deductions (-14)<br />

New Deliveries (+7)<br />

Pre-owned (+3)<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 83


84<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


INDONESIA<br />

Indonesia is the largest archipelago in the world. It consists of five major islands and about 30 smaller groups. There is<br />

a total number of over 17,000 islands of which about 6,000 are inhabited, extending over a very large area from East<br />

to West and between the Indian and <strong>Pacific</strong> Oceans. Indonesia suffers from poor infrastructure in its rural areas and<br />

significant traffic in its main cities, making it an ideal market for helicopters.<br />

The Indonesian civil helicopter fleet grew to 199 helicopters in <strong>2015</strong> making it the 8th largest fleet in the <strong>Asia</strong>-<strong>Pacific</strong><br />

region. Growth was 7.6% versus 2014 with the Indonesian market adding 14 net helicopters in <strong>2015</strong>, 69% of which were<br />

pre-owned and 31% new.<br />

The market is almost equally shared between Bell <strong>Helicopter</strong> and Airbus <strong>Helicopter</strong>s — 37% and 36% respectively, with<br />

the remainder of the fleet then shared between all other manufacturers where Sikorsky and Enstrom have carved out the<br />

larger shares. By size category, the market is almost equally shared between medium and single-engine helicopters —<br />

40% and 39% respectively. Medium size helicopters are a mix of Bell <strong>Helicopter</strong> (40), Airbus <strong>Helicopter</strong>s (18) and Sikorsky<br />

(16), and the single-engine category is a mix of Bell <strong>Helicopter</strong> (32) and Airbus <strong>Helicopter</strong>s (21). The medium size category<br />

grew 11.1% in <strong>2015</strong>, and the single-engine category grew 10%.<br />

Growth in <strong>2015</strong> was highest for Airbus <strong>Helicopter</strong>s at 7.5% and Bell <strong>Helicopter</strong> with 5.7%, with most of the added<br />

helicopters being put into corporate service (+20% for <strong>2015</strong>), offshore operations (+19.2%) and multi-mission applications<br />

(+9.5%). Multi-mission is the largest application for helicopters in Indonesia with 41% of the fleet being utilised for these<br />

types of roles, which typically entail supporting remote locations and mountainous regions that require frequent personnel<br />

and equipment transport. This need is being driven by its resources-based industries mainly involved in coal and tin<br />

mining, timber, fishing and agriculture. The next largest missions are law enforcement (17%), offshore (16%) and corporate<br />

roles (9%).<br />

Three of the top 4 operators in Indonesia are state owned. The largest is the National Police with a fleet of single and light<br />

twin helicopters including the Airbus <strong>Helicopter</strong>s BO105s and Enstrom <strong>EN</strong>480s — 33 helicopters in total. The 2nd largest<br />

is Pelita Air Services with a fleet of 16 helicopters. Pelita was formed when 2 stated owned oil companies merged, and<br />

its primary mission is to support the oil and gas industry in Indonesia. Pelita’s fleet is primarily medium size helicopters —<br />

S-76s and Bell 412/430s. The 4th largest is the National Search & Rescue Agency with a mixed Airbus <strong>Helicopter</strong>s fleet<br />

of light twins and mediums. The sole private operator in the Top 4 is Travira Air. Operating since 1983, Travira Air serves<br />

multinational oil, gas and mining corporations as well as medical service companies with operational bases in Balikpapan,<br />

Denpasar, and Matak. Its fleet of 16 helicopters included 7 S-76s, 5 Bell <strong>Helicopter</strong>, 2 Airbus <strong>Helicopter</strong>s and 2 AW139s.<br />

One of the biggest issues facing Indonesian operators in 2016 are the new requirements introduced in the latter half of<br />

<strong>2015</strong> that: i) in-operation helicopters are not allowed to be older than 30 years and ii) new imported helicopters are not<br />

allowed to be older than 10 years. The 30 year limitation alone effects 55 helicopters in the Indonesian fleet – so an<br />

enormous 28% of the fleet including BO105s, Bell 206s, Bell 212s, and S-76As. The Top 4 operators will all be impacted,<br />

especially the National Police and National Search & Rescue Agency.<br />

199 in Total<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 85


INDONESIA<br />

Net <strong>Fleet</strong> Growth by OEM<br />

AgustaWestland<br />

0+7 5+00+72 67+00+74 70+00+18 18+00+3 2+00+4 4+00+3 3+0 0+2 1+0015<br />

67<br />

72<br />

70 74<br />

18 18<br />

5 7<br />

2 3 4 4 3 3 1 2<br />

2014 (185)<br />

<strong>2015</strong> (199)<br />

15 16<br />

Airbus <strong>Helicopter</strong>s<br />

Bell <strong>Helicopter</strong><br />

Enstrom<br />

Kamov<br />

MD<br />

Mil<br />

Robinson<br />

Sikorsky<br />

Net <strong>Fleet</strong> Growth by Mission<br />

2014 (185)<br />

<strong>2015</strong> (199)<br />

Multi-Mission<br />

74+0 0+81 32+0 0+33 26+0 0+31 15+0 0+18 17+0 0+15 13+0 0+135+0 0+52+0 0+210<br />

81<br />

74<br />

32 33 26 31<br />

15 18<br />

17 15<br />

13 13<br />

5<br />

5<br />

2 2 1 1<br />

Law Enforcement<br />

Offshore Operations<br />

Corporate<br />

Charter<br />

SAR<br />

EMS<br />

Private<br />

Flight Training<br />

Net <strong>Fleet</strong> Growth by Size Category<br />

2014 (185)<br />

<strong>2015</strong> (199)<br />

1+0 0+1 70+0 0+77 38+0 0+37 72+0 0+804+0<br />

0+4<br />

1<br />

1<br />

70 77 80<br />

72<br />

38 37<br />

4<br />

4<br />

Piston<br />

Single<br />

Light Twin<br />

Medium<br />

Heavy<br />

86<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Breakdown by Size Category<br />

199 in Total<br />

Breakdown by Mission<br />

199 in Total<br />

INDONESIA<br />

Light Twin 37 (19%)<br />

Turbine<br />

99%<br />

Heavy 4 (2%)<br />

Piston 1<br />

SAR 13 (6%)<br />

Charter<br />

15 (8%)<br />

Corporate<br />

18 (9%)<br />

Multi-Mission<br />

41%<br />

EMS 5 (2%)<br />

Private 2 (1%)<br />

Flight Training 1<br />

Offshore<br />

Operations<br />

31 (16%)<br />

Single 77 (39%)<br />

Medium 80 (40%)<br />

41+17+16+9+8+6+2+1+0+G<br />

Law Enforcement 33 (17%)<br />

Multi-Mission 81 (41%)<br />

Breakdown by OEM<br />

<strong>Fleet</strong> Size<br />

Replacement Cost (USD)<br />

MD 4 (2%)<br />

36+37+9+8+4+2+2+1+1+G<br />

AgustaWestland 7 (4%)<br />

Sikorsky 16 (8%)<br />

Enstrom<br />

18 (9%)<br />

Airbus <strong>Helicopter</strong>s<br />

72 (36%)<br />

Kamov 3 (2%)<br />

Mil 3 (1%)<br />

Robinson 2 (1%)<br />

Bell <strong>Helicopter</strong><br />

74 (37%)<br />

Mil (2%)<br />

Sikorsky<br />

(19%)<br />

40+31+19+5+2+1+1+1+G<br />

AugustaWestland (5%)<br />

199 $1,075M<br />

Bell <strong>Helicopter</strong> (31%)<br />

Kamov (1%)<br />

Enstrom (1%)<br />

Others (1%)<br />

Airbus <strong>Helicopter</strong>s<br />

(40%)<br />

Note: The market value of Robinson’s replacement cost is less than 1%.<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 87


INDONESIA<br />

Breakdown by <strong>Helicopter</strong> Model – Turbine Only<br />

198 in Total<br />

AgustaWestland<br />

7 (4%)<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

72 (36%)<br />

Bell <strong>Helicopter</strong><br />

74 (37%)<br />

Enstrom 18 (9%)<br />

Kamov 3 (2%)<br />

MD 4 (2%)<br />

Mil 3 (2%)<br />

Robinson 1 (1%)<br />

Sikorsky 16 (8%)<br />

3+3+130+14+8+5+4+3+3+2+2+1 22+18+14+8+6+4+2 18+3+4+3+1 8+5+2+1<br />

AW109 3<br />

AW139 3<br />

AW119 1<br />

BO105 30<br />

AS350 14<br />

AS365 8<br />

EC155 5<br />

EC130 4<br />

BK117 3<br />

SA315 3<br />

EC145 2<br />

EC135 2<br />

AS332C<br />

1<br />

Bell 412 22<br />

Bell 206 18<br />

Bell 407 14<br />

Bell 429 8<br />

Bell 212 6<br />

Bell 430 4<br />

Bell 427 2<br />

<strong>EN</strong>480 18<br />

KA-32 3<br />

MD 500 4<br />

Mi-8 3<br />

R66 1<br />

S-76C++ 8<br />

S-76A 5<br />

S-76C 2<br />

S-76A+ 1<br />

88<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Breakdown by Operator<br />

Top 33 – Out of 58 Operators (2 or more helicopters)<br />

INDONESIA<br />

National Police<br />

Travira Air<br />

Pelita Air Service<br />

National SAR<br />

Airfast Indonesia<br />

Air Transport Service<br />

Helimission<br />

National Utility <strong>Helicopter</strong>s<br />

Derazona Air<br />

Intan Angkasa<br />

Air <strong>Pacific</strong> Utama<br />

Gatari Air Service<br />

Heli SGI<br />

Hevilift<br />

Indonesia Air<br />

Air Born<br />

Gudang Garam<br />

Seacons Trading<br />

Transwisata Prima<br />

Weststar Aviation<br />

Whitesky Aviation<br />

Cheysia Aurelia<br />

Dimonim Air<br />

Dominair<br />

Eastindo Air<br />

Ersa Eastern<br />

Jhonlin Air<br />

Nusantara Buana Air<br />

Pegasus Air Services<br />

Penerbangan Angkasa Semesta<br />

Sabang Merauke Raya Air Charter<br />

Sampoerna Air<br />

Susi Air<br />

33+16+16+10+8+6+6+6+5+5+4+4+4+4+4+3+3+3+3+3+3+2+2+2+2+2+2+2+2+2+2+2+2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

2<br />

3<br />

3<br />

3<br />

3<br />

3<br />

3<br />

5<br />

4<br />

4<br />

4<br />

4<br />

4<br />

6<br />

6<br />

6<br />

5<br />

8<br />

10<br />

16<br />

16<br />

33<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 89


Top Operator <strong>Fleet</strong>s<br />

33+16+16+10+8+6+6+6+5+5<br />

by Model<br />

INDONESIA<br />

33<br />

16 16<br />

10 8 6 6 6 5<br />

5<br />

National Police<br />

Travira Air<br />

Pelita Air Service<br />

National SAR<br />

AgustaWestland AW139 2 2<br />

AS350 1 2 1 1 5<br />

AS365 3 2 5<br />

Airbus<br />

BO105 10 3 8 6 27<br />

<strong>Helicopter</strong>s EC130 2 2<br />

EC145 1 1<br />

SA315 1 1<br />

Bell 206 2 5 2 2 11<br />

Bell 212 1 1<br />

Bell <strong>Helicopter</strong> Bell 412 4 3 3 4 2 16<br />

Bell 429 1 1<br />

Bell 430 3 3<br />

MD MD 500 2 2<br />

Enstrom <strong>EN</strong>480 18 18<br />

Mil Mi-8 2 2<br />

S-76A 2 3 5<br />

Sikorsky<br />

S-76A+ 1 1<br />

S-76C 2 2<br />

S-76C++ 2 4 6<br />

Total 33 16 16 10 8 6 6 6 5 5 111<br />

Airfast Indonesia<br />

Air Transport<br />

Service<br />

Helimission<br />

National Utility<br />

<strong>Helicopter</strong>s<br />

Derazona Air<br />

Intan Angkasa<br />

Total<br />

<strong>Fleet</strong> Breakdown by Mission & OEM<br />

81+33+31+18+15+13+5+2+1<br />

33 31<br />

18 15 13<br />

5 2 1<br />

Multi-Mission<br />

Law Enforcement<br />

Offshore<br />

Operations<br />

Corporate<br />

AgustaWestland 1 3 1 2 7<br />

Airbus <strong>Helicopter</strong>s 24 13 4 9 9 11 2 72<br />

Bell <strong>Helicopter</strong> 45 2 8 8 4 2 3 1 1 74<br />

Enstrom 18 18<br />

Kamov 3 3<br />

MD 4 4<br />

Mil 3 3<br />

Robinson 1 1 2<br />

Sikorsky 16 16<br />

Total 81 33 31 18 15 13 5 2 1 199<br />

Charter<br />

SAR<br />

EMS<br />

Private<br />

Flight Training<br />

Total<br />

90<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Total <strong>Fleet</strong> Age Distribution<br />

199 in Total<br />

INDONESIA<br />

16<br />

14<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

1969<br />

1970<br />

1971<br />

1972<br />

1973<br />

1974<br />

1975<br />

1976<br />

1977<br />

1978<br />

1979<br />

1980<br />

1981<br />

1982<br />

1983<br />

1984<br />

1985<br />

1986<br />

1987<br />

1988<br />

1989<br />

1990<br />

1991<br />

1992<br />

1993<br />

1994<br />

1995<br />

1996<br />

1997<br />

1998<br />

1999<br />

2000<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

2011<br />

2012<br />

2013<br />

2014<br />

<strong>2015</strong><br />

<strong>Year</strong> of Manufacture<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 91


INDONESIA<br />

Agusta<br />

Westland<br />

+2<br />

AW139<br />

1 1<br />

AS350<br />

1<br />

3<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

+5<br />

AS365<br />

2<br />

EC135<br />

-1<br />

Bell 429<br />

2<br />

Bell<br />

<strong>Helicopter</strong><br />

+4<br />

Bell 206<br />

2<br />

Deductions (-2)<br />

New Deliveries (+5)<br />

Pre-owned (+11)<br />

Bell 412<br />

-1<br />

1<br />

Kamov<br />

+1<br />

KA-32<br />

1<br />

Robinson<br />

+1<br />

R66<br />

1<br />

Sikorsky<br />

+1<br />

S-76C++<br />

1<br />

92<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


MYANMAR<br />

Hopes for economic and political reforms led to continued investments and<br />

development in Mynamar in <strong>2015</strong>, despite many taking a “wait and see” attitude<br />

in regards to what changes the new government may bring. Interests toward<br />

Myanmar’s helicopter industry have been aimed primarily at offshore support,<br />

but also towards the use of helicopters for corporate and utility operations.<br />

Myanmar’s year end <strong>2015</strong> fleet consisted of only 13 helicopters primarily serving<br />

the offshore oil and gas industry. This was unchanged compared to 2014.<br />

In 2014, Myanmar concluded a tender for 50 offshore blocks opening up its gulf<br />

to further oil and gas exploration. Some of those blocks have become active in<br />

<strong>2015</strong>, but several have decided to defer operations until the downturn in the oil<br />

and gas industry shows signs of recovery.<br />

13 in Total<br />

There is only one civil operator in Myanmar using a local AOC for multi-mission<br />

activity in-country. The rest of the fleet are foreign register helicopters providing<br />

offshore support.<br />

Breakdown by OEM & Model<br />

13 in Total<br />

5<br />

3<br />

2<br />

1<br />

1 1<br />

AW139<br />

AS350<br />

AS365<br />

S-76C<br />

S-76C+ S-76C++<br />

AgustaWestland Airbus <strong>Helicopter</strong>s Sikorsky Total<br />

Air Myanmar 1 2 3<br />

CNOOC 1 1<br />

Heli-Union 1 4 5<br />

Hevilift 3 3<br />

Private 1 1<br />

Total 1 5 7 13<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 93


LAOS<br />

There are six helicopters active in Laos which are all used for multi-mission<br />

utility operations. The Airbus <strong>Helicopter</strong>s AS350 is the model of choice for Lao<br />

Westcoast, which is the primary Lao civil helicopter operator performing utility<br />

work and providing charter services. There is also one Mil-8 helicopter used by<br />

Lao Airlines for local charter services.<br />

6 in Total<br />

CAMBODIA<br />

As of year-end <strong>2015</strong>, there were 8 helicopters active in Cambodia which were<br />

used for multi-mission utility operations, charter and VIP transport. Cambodia’s<br />

civil helicopters are all light single and twin engine Airbus <strong>Helicopter</strong>s.<br />

8 in Total<br />

94<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


VIETNAM<br />

Vietnam National <strong>Helicopter</strong> Corporation, through its subsidiaries Southern<br />

Vietnam <strong>Helicopter</strong> (VNH South) and Northern Vietnam <strong>Helicopter</strong> (VNH North)<br />

operates a fleet of 27 helicopters where with the primary mission is transporting<br />

crew and equipment to offshore locations. The fleet is dominated by Airbus<br />

<strong>Helicopter</strong>s with a market share of nearly 60%, all of which are operated by the<br />

Vietnam <strong>Helicopter</strong> Corporation.<br />

In addition to its main services, Vietnam <strong>Helicopter</strong> Corporation also provides<br />

helicopter flight services for other missions such as aerial tours, medical<br />

evacuation, SAR, cargo sling operations and transportation services for top<br />

government officials. 67% of the helicopters operating in Vietnam are in the<br />

heavy category. This high percentage compared to other countries in the <strong>Asia</strong><br />

<strong>Pacific</strong> region is due to the fact that offshore support is the primary mission for<br />

Vietnam’s helicopters. This mission and performance requirement makes heavy<br />

helicopters a necessity.<br />

27 in Total<br />

Breakdown by Model<br />

27 in Total<br />

10<br />

4 4 4<br />

1<br />

2 2<br />

AS332L2<br />

EC120<br />

EC130<br />

EC155<br />

EC225<br />

Cabri G2<br />

Mi-8<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 95


BRUNEI<br />

Brunei’s helicopter fleet is dedicated to supporting offshore activity taking place<br />

off the western coast of Borneo. These services are provided by Brunei Shell<br />

Petroleum using Sikorsky and AgustaWestland helicopters. Brunei Shell is the<br />

only civil operator that owns, operates and maintains helicopters in the Kingdom<br />

of Brunei. In <strong>2015</strong> Brunei established its own SAR operation utilising a Sikorsky<br />

S-92 helicopter to further support offshore activities in the region.<br />

6 in Total<br />

SINGAPORE<br />

Despite Singapore being a renowned aviation hub with advanced aviation<br />

support infrastructure and several OEMs with established maintenance facilities,<br />

helicopters used for civil operations is negligible. This is due to its small<br />

landmass, limited airspace and cross-border restrictions. There is only one civil<br />

helicopter based in Singapore, operated by Heli-Services and it is used for aerial<br />

tours and surveys. SAR operations are carried out by the Singapore Air Force<br />

using a fleet of Super-Puma helicopters.<br />

1 in Total<br />

96<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 97


OCEANIA<br />

PAPUA NEW GUINEA<br />

Papua New Guinea’s (PNG) geography is diverse and in places extremely rugged with<br />

high mountains, rivers, active volcanoes and covered with tropical rainforests. Its<br />

main industries driving the economy are mining for copper, gold, and crude oil, which<br />

account for a majority of the country’s export earnings. Coffee, tea, rubber and cocoa<br />

fields as well as fishing and timber are also some of the major industries in Papua<br />

New Guinea. Many of these activities are in remote, often difficult-to-reach locations.<br />

With no sufficient land transport infrastructure, these industries rely heavily on the<br />

use of helicopters to support their operations. However, the aviation infrastructure<br />

also remains underdeveloped with poor communication and a lack of navigation aids.<br />

A helicopter in the PNG fleet could generally be summarized as a pre-owned, singleengine<br />

turbine from Bell <strong>Helicopter</strong> or Airbus <strong>Helicopter</strong>s engaged in multi-mission<br />

applications with one of the top 4 operators in the country:<br />

• There are no new helicopters in service in PNG. They are all at least 6 - 7 years<br />

old with the majority of the fleet 25 to 35 years old.<br />

• The most popular model types are the Bell 206 / 212 / 407 and AS350. Most<br />

of them are used for general transport, aerial surveys, and seismic operations.<br />

• 83% of the fleet is utilised in a multi-mission role which include mining, industrial<br />

support, heavy sling work, cargo and personnel transport, geological exploration,<br />

aerial surveying, power-line construction, and oil and gas support for the onshore<br />

oil fields.<br />

• The top 4 operators — <strong>Pacific</strong> <strong>Helicopter</strong>s, Hevilift, Hei Niugini & Helifix — operate<br />

66% of the fleet.<br />

The PNG fleet increased by a net 9 helicopters through <strong>2015</strong>, growing 9% to a net<br />

total fleet of 114 aircraft by year end. The market is split between Bell <strong>Helicopter</strong> and<br />

Airbus <strong>Helicopter</strong>s at 61% / 30% respectively, with Boeing, Russian <strong>Helicopter</strong>s, and<br />

Sikorsky making up the rest. Whereas singles dominate the market (53%), medium<br />

sized helicopters are the next biggest category with 33%, of which Bell 212s and<br />

BK117s are the typical model types.<br />

114 in Total<br />

98<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Net <strong>Fleet</strong> Growth by OEM<br />

PAPUA NEW GUINEA<br />

0+34 31+0 0+70 65+0 0+8 8+0 0+0 2+0 0+10 8+0 0+2 0+0<br />

31 34<br />

65<br />

70<br />

4<br />

4 4 5<br />

1<br />

1<br />

2014 (105)<br />

<strong>2015</strong> (114)<br />

Airbus <strong>Helicopter</strong>s<br />

Bell <strong>Helicopter</strong><br />

Boeing Rotocraft<br />

Kamov<br />

Mil<br />

Sikorsky<br />

Net <strong>Fleet</strong> Growth by Mission<br />

2014 (105)<br />

<strong>2015</strong> (114)<br />

88+0 0+936+0 0+64+0 0+53+0 0+53+0 0+31+0<br />

0+1<br />

88<br />

94<br />

6 6 4 5 3 5 3 3 1 1<br />

Multi-Mission<br />

Offshore Operations<br />

Charter<br />

Corporate<br />

Private<br />

EMS<br />

Net <strong>Fleet</strong> Growth by Size Category<br />

2014 (105)<br />

<strong>2015</strong> (114)<br />

56+0 0+604+0 0+7 37+0 0+388+0<br />

0+9<br />

56 60<br />

37 38<br />

4 7 8 9<br />

Single<br />

Light Twin<br />

Medium<br />

Heavy<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 99


PAPUA NEW GUINEA<br />

Breakdown by Size Category<br />

114 in Total<br />

Breakdown by Mission<br />

114 in Total<br />

Heavy 9 (8%)<br />

53+33+8+6+G<br />

Turbine<br />

100%<br />

Light Twin 7 (6%)<br />

Medium 38 (33%) Single 60 (53%)<br />

82+6+4+4+3+1+G<br />

Charter 5 (4%) Private 3 (3%)<br />

Corporate 5 (4%)<br />

Offshore Operations<br />

6 (5%)<br />

Multi-Mission<br />

83%<br />

EMS 1 (1%)<br />

Multi-Mission 94 (83%)<br />

Breakdown by OEM<br />

<strong>Fleet</strong> Size<br />

Replacement Cost (USD)<br />

Boeing Rotocraft 4 (4%)<br />

61+30+4+4+1+G<br />

Mil 5 (4%)<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

34 (30%)<br />

Sikorsky 1 (1%)<br />

Bell <strong>Helicopter</strong><br />

70 (61%)<br />

Boeing<br />

Rotocraft<br />

(13%)<br />

45+33+13+7+2+G<br />

Mil (7%) Sikorsky (2%)<br />

114 $555M<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

(33%)<br />

Bell <strong>Helicopter</strong><br />

(45%)<br />

100<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Breakdown by <strong>Helicopter</strong> Model<br />

114 in Total<br />

PAPUA NEW GUINEA<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

34 (30%)<br />

Bell<br />

<strong>Helicopter</strong><br />

70 (61%)<br />

AS350 16<br />

16+11+6+1<br />

BK117 11<br />

BO105 6<br />

SA315 1<br />

Bell 206 22<br />

22+21+16+5+3+2+1<br />

Bell 407 21<br />

Bell 212 16<br />

Bell 412 5<br />

Bell 214 3<br />

Bell 205 2<br />

Bell 427 1<br />

Boeing<br />

Rotocraft<br />

4 (4%)<br />

BV234<br />

BV107<br />

1<br />

3<br />

Mil 5 (4%)<br />

Mi-8<br />

5<br />

Sikorsky 1 (1%)<br />

S-76A<br />

1<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 101


PAPUA NEW GUINEA<br />

Top Operator <strong>Fleet</strong>s<br />

52+46+30+22+14+14+8+6+6+4+4<br />

by Model<br />

26<br />

23<br />

15<br />

11<br />

7 7 4 3 3 2 2 2<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

Bell<br />

<strong>Helicopter</strong><br />

Boeing<br />

Rotocraft<br />

<strong>Pacific</strong><br />

<strong>Helicopter</strong>s<br />

Hevilift<br />

Heli Niugini<br />

Heliflix<br />

Operations<br />

Manolos<br />

Aviation<br />

Niugini<br />

<strong>Helicopter</strong>s<br />

AS350 11 1 12<br />

BK117 4 4 1 9<br />

BO105 5 5<br />

SA315 1 1<br />

Bell 205 2 2<br />

Bell 206 4 6 2 3 3 1 2 21<br />

Bell 212 6 6 2 1 15<br />

Bell 214 3 3<br />

Bell 407 4 4 6 3 3 1 21<br />

Bell 412 5 5<br />

Bell 427 1 1<br />

BV107 1 1<br />

BV234 3 3<br />

Mil Mi-8 2 3 5<br />

Sikorsky S-76A 1 1<br />

Total 26 23 15 11 7 7 4 3 3 2 2 2 105<br />

Airlines PNG<br />

Heli Solutions<br />

McDermott<br />

Aviation<br />

<strong>Pacific</strong> Rim<br />

Air Services<br />

Southwest Air<br />

Summer Institute<br />

of Linguistics<br />

Total<br />

<strong>Fleet</strong> Breakdown by Mission & OEM<br />

93+7+5+5+3+1<br />

94<br />

6 5 5 3 1<br />

Multi-Mission<br />

Offshore<br />

Operations<br />

Charter<br />

Corporate<br />

Private<br />

EMS<br />

Total<br />

Airbus <strong>Helicopter</strong>s 25 3 1 1 3 1 34<br />

Bell <strong>Helicopter</strong> 60 3 3 4 70<br />

Boeing Rotocraft 4 4<br />

Mil 5 5<br />

Sikorsky 1 1<br />

Total 94 6 5 5 3 1 114<br />

102<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Total <strong>Fleet</strong> Age Distribution<br />

114 in Total<br />

PAPUA NEW GUINEA<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

1963<br />

1964<br />

1965<br />

1966<br />

1967<br />

1968<br />

1969<br />

1970<br />

1971<br />

1972<br />

1973<br />

1974<br />

1975<br />

1976<br />

1977<br />

1978<br />

1979<br />

1980<br />

1981<br />

1982<br />

1983<br />

1984<br />

1985<br />

1986<br />

1987<br />

1988<br />

1989<br />

1990<br />

1991<br />

1992<br />

1993<br />

1994<br />

1995<br />

1996<br />

1997<br />

1998<br />

1999<br />

2000<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

2011<br />

2012<br />

2013<br />

2014<br />

<strong>2015</strong><br />

<strong>Year</strong> of Manufacture<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 103


PAPUA NEW GUINEA<br />

Additions & Deductions Per Model<br />

9 in total<br />

BO105<br />

3<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

+3<br />

AS350<br />

1<br />

BK117<br />

-1<br />

Bell 212<br />

2<br />

Bell<br />

<strong>Helicopter</strong><br />

+5<br />

Bell 206<br />

2<br />

Deductions (-2)<br />

Pre-owned (+11)<br />

Bell 407<br />

1<br />

Kamov<br />

-1<br />

KA-32<br />

-1<br />

Mil<br />

+1<br />

Mi-8<br />

1<br />

Sikorsky<br />

+1<br />

S-76A<br />

1<br />

104<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


AUSTRALIA<br />

Australia is the single largest helicopter market in the <strong>Asia</strong> <strong>Pacific</strong> region with<br />

almost 2,100 helicopters representing a 3rd of the total <strong>Asia</strong> <strong>Pacific</strong> fleet. Having<br />

received its first helicopter in 1948, it is a mature market and has had recently<br />

more than two decades of steady growth. Australia’s civil helicopter fleet grew<br />

however at just a 3% in <strong>2015</strong>. This slowdown was the result of a number of factors<br />

including the government’s financial problems, the collapse of the Australian dollar,<br />

the end of the mineral export boom, lower oil prices, and general global financial<br />

difficulties. No improvement is expected in 2016 with growth to remain flat.<br />

Australia has the largest fleet in the <strong>Asia</strong> <strong>Pacific</strong> region of Robinsons (1,061), Bell<br />

<strong>Helicopter</strong> (447) and a significant fleet of Airbus <strong>Helicopter</strong>s (298). Australia’s fleet<br />

of Robinsons is the 2nd largest in the world and the aircraft is used for a diverse<br />

range of multi-mission applications including flight training, herd mustering, traffic<br />

reporting, police work, emergency response and evacuations, search and rescue<br />

operations, fire ignition and suppression, underslung loads and aerial mapping,<br />

aerial spraying, powerline and pipeline survey, filming and photography, charter,<br />

and tourism.<br />

Given the predominance of Robinsons, pistons and single-engine helicopters<br />

represent 86% of the total Australian market and 83% of the helicopter are used in<br />

either multi-mission, corporate, or private roles. The most popular turbine models<br />

are the Bell 206, 412 and Airbus <strong>Helicopter</strong>s AS350.<br />

The country has a staggering 1,017 operators which are characterized by either<br />

the largest in Australia – North Australia <strong>Helicopter</strong>s – who’s fleet consist of 43<br />

helicopters, of which 37 are Robinsons or, at the other end of the market sizewise,<br />

characterized by Lloyd <strong>Helicopter</strong>s or Bristol <strong>Helicopter</strong>s, which have mostly<br />

medium and heavy size helicopters such as the AW139s, EC225s, S-76s, and 92s.<br />

Examining the net fleet additions in <strong>2015</strong>, as one would expect in a mature market,<br />

additions were split almost 50/50 between new aircraft and pre-owned aircraft<br />

where the majority of new deliveries were either AW139 (Air Ambulance / EMS<br />

version) or Robinson R22s/44s. The majority of pre-owned deliveries were either<br />

Bell 205/206s or again the Robinson R22s/44s.<br />

2,094 in Total<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 105


AUSTRALIA<br />

Net <strong>Fleet</strong> Growth by OEM<br />

AgustaWestland<br />

Airbus <strong>Helicopter</strong>s<br />

0+5 4+00+27 27+00+9 8+00+41 40+00+2 2+00+1 1+00+1 1+00+3 3+00+96 93+00+6 5+00+4 4+00+3<br />

2+0<br />

40 48<br />

299298<br />

85 90<br />

438447<br />

18 18 4 4 7 7 24 27<br />

2014 (2,028)<br />

1,023 1,061 <strong>2015</strong> (2,094)<br />

53 56 35 35 2 3<br />

Amateur-Built Aircraft<br />

Bell <strong>Helicopter</strong><br />

Enstrom<br />

Guimbal<br />

Hiller Aircraft<br />

MD<br />

Robinson<br />

Schweizer<br />

Sikorsky<br />

Others<br />

Net <strong>Fleet</strong> Growth by Size Category<br />

97+0 0+100 50+0 0+52 6+0 0+5 17+0 0+18 4+0 0+4<br />

1,2381,281<br />

507 525<br />

61<br />

56<br />

177 188<br />

45<br />

44<br />

2014 (2,028)<br />

<strong>2015</strong> (2,094)<br />

Piston<br />

Single<br />

Light Twin<br />

Medium<br />

Heavy<br />

106<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Breakdown by Size Category<br />

2,094 in Total<br />

Breakdown by Mission<br />

2,094 in Total<br />

AUSTRALIA<br />

Heavy 44 (2%)<br />

Light Twin 56 (3%)<br />

Medium 188 (9%)<br />

Turbine<br />

39%<br />

39+23+21+7+4+2+2+1+1+G<br />

EMS 50 (2%)<br />

Offshore<br />

Operations 81 (4%)<br />

Flight<br />

Training<br />

154 (7%)<br />

Multi-Mission<br />

39%<br />

SAR 36 (2%)<br />

Charter 28 (1%)<br />

Law Enforcement 9 (1%)<br />

Multi-Mission 810 (39%)<br />

Private 483 (23%)<br />

Single 525 (25%) Piston 1,281 (61%)<br />

Corporate 443 (21%)<br />

Breakdown by OEM<br />

<strong>Fleet</strong> Size<br />

Replacement Cost (USD)<br />

AgustaWestland 48 (2%)<br />

Sikorsky 35 (2%)<br />

AgustaWestland (9%) Robinson (8%)<br />

Schweizer 56 (3%)<br />

Amateur-Built Aircraft<br />

90 (4%)<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

298 (14%)<br />

51+21+14+4+3+2+2+2+1+G<br />

Others 32 (2%)<br />

45+24+12+9+8+1+1+G<br />

MD 27 (1%)<br />

Sikorsky (12%)<br />

2,094 $3,923M<br />

MD (1%)<br />

Others (1%)<br />

Bell <strong>Helicopter</strong> 447 (21%)<br />

Robinson<br />

1,061 (51%)<br />

Airbus <strong>Helicopter</strong>s (45%)<br />

Bell <strong>Helicopter</strong> (24%)<br />

Note: The market share of Amateur-Built Aircraft and Schweizer’s<br />

replacement cost are both less than 1%.<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 107


1Gazelle 1 HT MK 2<br />

AUSTRALIA<br />

Breakdown by <strong>Helicopter</strong> Model – Turbine Only<br />

813 in Total<br />

Aérospatiale<br />

1<br />

24+18+5+1 50+31+26+22+20+15+13+11+8+7+6+3+15+4+265+36+23+13+10+9+8+4+3+2+1+1+1 319+4+2+1+12410+6+4+4+4+4+2+1<br />

AgustaWestland AW139 24<br />

48 (6%)<br />

AW109 18<br />

AW119 5<br />

AW169 1<br />

Airbus <strong>Helicopter</strong>s AS350 135<br />

298 (37%)<br />

EC120 31<br />

BK117 26<br />

EC130 22<br />

EC225 20<br />

AS355 15<br />

BO105 13<br />

AS365 11<br />

AS332L1<br />

8<br />

EC135<br />

7<br />

AS332L 6<br />

EC145 3<br />

EC155 1<br />

Amateur-Built Helicycle 5<br />

Aircraft 11 (1%) Hummingbird 4<br />

Rotorway Jetexec 2<br />

Bell <strong>Helicopter</strong><br />

366 (45%)<br />

Enstrom 3<br />

MD 27 (3%)<br />

Robinson 24 (3%)<br />

Sikorsky 35 (5%)<br />

Bell 206 255<br />

Bell 412 36<br />

Bell 205 23<br />

Bell 212 13<br />

Bell 214 10<br />

Bell 407 9<br />

Bell 222 8<br />

Bell 204 4<br />

Bell 429 3<br />

Bell AH-1 2<br />

Bell 430 1<br />

Bell 427 1<br />

Bell 230 1<br />

<strong>EN</strong>480 3<br />

MD 500 19<br />

MD 520 4<br />

MD 600 2<br />

MD 530 1<br />

MD 900 1<br />

R66 24<br />

S-92 10<br />

S-76C 6<br />

S-76A++ 4<br />

S-76A+ 4<br />

S-76A 4<br />

S-76C++ 4<br />

S-76B 2<br />

S-58 1<br />

108<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Breakdown by Operator<br />

Top 60 – Out of 1,017 Operators (6 or more helicopters)<br />

AUSTRALIA<br />

North Australian <strong>Helicopter</strong>s<br />

Lloyd <strong>Helicopter</strong>s<br />

Cloncurry Mustering<br />

McDermott Aviation<br />

Bristow <strong>Helicopter</strong>s Australia<br />

Australian <strong>Helicopter</strong>s<br />

Rotorwest<br />

Professional <strong>Helicopter</strong> Services<br />

Heliflite<br />

Heli-Muster (NT)<br />

Helidoc<br />

Jayrow <strong>Helicopter</strong>s<br />

Choppair <strong>Helicopter</strong>s<br />

Bankstown <strong>Helicopter</strong>s<br />

Becker <strong>Helicopter</strong>s<br />

<strong>Helicopter</strong> Film Services<br />

Microflite<br />

CareFlight Group<br />

Aeropower<br />

Barkly <strong>Helicopter</strong>s<br />

<strong>Helicopter</strong> Resources<br />

Kestrel Aviation College<br />

Whitsunday Air Services<br />

Aviation Utilities<br />

Nautilus Aviation Heli<br />

CHC <strong>Helicopter</strong>s (Australia)<br />

GBR <strong>Helicopter</strong>s<br />

Nautilus Aviation<br />

Top <strong>End</strong> Mustering<br />

Great Barrier Reef <strong>Helicopter</strong>s<br />

Heliservices Queensland<br />

Outback <strong>Helicopter</strong> Rental NT<br />

Pearl Coast <strong>Helicopter</strong>s<br />

Tasmanian <strong>Helicopter</strong>s<br />

Webb <strong>Helicopter</strong>s<br />

Williambury <strong>Helicopter</strong>s<br />

43+33+32+32+27+25+22+20+19+18+18+17+16+15+15+14+14+13+12+12+12+12+12+11+11+10+10+10+9+8+8+8+8+8+8+8<br />

7+7+7+7+7+7+7+6+6+6+6+6+6+6+6+6+6+6+6+6+6+6+6+6<br />

8<br />

8<br />

8<br />

8<br />

8<br />

8<br />

8<br />

10<br />

10<br />

10<br />

9<br />

11<br />

11<br />

12<br />

12<br />

12<br />

12<br />

12<br />

13<br />

14<br />

14<br />

15<br />

15<br />

17<br />

16<br />

18<br />

18<br />

19<br />

20<br />

22<br />

25<br />

27<br />

32<br />

32<br />

33<br />

Air Precision<br />

Bond <strong>Helicopter</strong>s Australia<br />

Heli-Serv<br />

Rotor Force Australia<br />

Skyplan Australia<br />

Sydney <strong>Helicopter</strong>s<br />

The <strong>Helicopter</strong> Group<br />

Arafura <strong>Helicopter</strong>s<br />

Commercial <strong>Helicopter</strong>s (Aust)<br />

Esso Australia Resources<br />

Fisher-Private<br />

Glenample Air<br />

Gold Coast Helitours<br />

Heli Central<br />

Helifarm<br />

Helistar Aviation<br />

Heysen Gums<br />

Jetpoint<br />

North Star Pastoral<br />

Northshore Holdings (NT)<br />

State of New South Wales<br />

Stirling <strong>Helicopter</strong> Services<br />

Stock-Air Heliworks<br />

Whitsunday <strong>Helicopter</strong> Group<br />

43<br />

6<br />

6<br />

6<br />

6<br />

6<br />

6<br />

6<br />

6<br />

6<br />

6<br />

6<br />

6<br />

6<br />

6<br />

6<br />

6<br />

6<br />

7<br />

7<br />

7<br />

7<br />

7<br />

7<br />

7<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 109


AUSTRALIA<br />

Top Operators <strong>Fleet</strong> by Model<br />

43+33+32+32+27+25+22+20+19+18+18<br />

33 32 32<br />

27 25 22 20 19 18 18<br />

North Australian<br />

<strong>Helicopter</strong>s<br />

Lloyd <strong>Helicopter</strong>s<br />

Cloncurry<br />

Mustering<br />

McDermoott<br />

Aviation<br />

Bristow <strong>Helicopter</strong>s<br />

Australia<br />

Total<br />

AgustaWestland AW139 6 5 5 16<br />

AS350 4 4 2 10<br />

EC225 5 9 14<br />

EC135 1 1<br />

AS332L 2 3 5<br />

AS332L1 2 1 3<br />

Airbus<br />

AS355 4 1 5<br />

<strong>Helicopter</strong>s<br />

AS365 1 4 5<br />

BK117 1 2 1 4<br />

BO105 7 7<br />

EC130 1 1<br />

EC145 2 2<br />

Bell<br />

<strong>Helicopter</strong><br />

Australian<br />

<strong>Helicopter</strong>s<br />

Bell 204 1 1<br />

Bell 205 4 4<br />

Bell 206 5 3 1 8 5 1 23<br />

Bell 214 10 10<br />

Bell 412 7 10 17<br />

Bell 47 1 6 7<br />

MD MD 500 2 2<br />

R22 23 28 1 4 10 13 16 95<br />

Robinson R44 14 4 1 4 7 5 2 37<br />

R66 1 1<br />

Schweizer S-300 4 4<br />

S-76A+ 4 4<br />

S-76A++ 1 1<br />

Sikorsky S-76C++ 4 4<br />

S-92 2 4 6<br />

Total 43 33 32 32 27 25 22 20 19 18 18 289<br />

Rotorwest<br />

Professional<br />

<strong>Helicopter</strong> Services<br />

Heliflite<br />

Helidoc<br />

Heli-Muster (NT)<br />

110<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


<strong>Fleet</strong> Breakdown by Mission & OEM<br />

AUSTRALIA<br />

Multi-Mission<br />

Private<br />

Corporate<br />

Flight Traning<br />

81+48+44+15+8+5+4+3+1<br />

810<br />

483 443<br />

154<br />

81 50 36 28 9<br />

Offshore<br />

Operations<br />

EMS<br />

SAR<br />

Charter<br />

Law<br />

Enforcement<br />

Total<br />

AgustaWestland 5 12 11 13 2 5 48<br />

Airbus <strong>Helicopter</strong>s 168 7 36 5 40 12 15 8 7 298<br />

Amateur-Built Aircraft 1 78 11 90<br />

Bell <strong>Helicopter</strong> 271 44 52 29 4 23 11 11 2 447<br />

Enstrom 1 13 4 18<br />

Guimbal 1 1 2 4<br />

Hiller Aircraft 3 1 1 2 7<br />

MD 16 8 1 2 27<br />

Robinson 335 308 313 102 1 2 1,061<br />

Schweizer 7 31 3 15 56<br />

Sikorsky 1 1 26 7 35<br />

Others 1 1 1 3<br />

Total 810 483 443 154 81 50 36 28 9 2,094<br />

Total <strong>Fleet</strong> Age Distribution<br />

2,094 in Total<br />

160<br />

140<br />

120<br />

100<br />

80<br />

60<br />

40<br />

20<br />

0<br />

1952<br />

1953<br />

1954<br />

1955<br />

1956<br />

1957<br />

1958<br />

1959<br />

1960<br />

1961<br />

1962<br />

1963<br />

1964<br />

1965<br />

1966<br />

1967<br />

1968<br />

1969<br />

1970<br />

1971<br />

1972<br />

1973<br />

1974<br />

1975<br />

1976<br />

1977<br />

1978<br />

1979<br />

1980<br />

1981<br />

1982<br />

1983<br />

1984<br />

1985<br />

1986<br />

1987<br />

1988<br />

1989<br />

1990<br />

1991<br />

1992<br />

1993<br />

1994<br />

1995<br />

1996<br />

1997<br />

1998<br />

1999<br />

2000<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

2011<br />

2012<br />

2013<br />

2014<br />

<strong>2015</strong><br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 111


AUSTRALIA<br />

New Deliveries<br />

Airbus <strong>Helicopter</strong>s 4 (8%)<br />

Amateur-Built Aircraft 5 (11%)<br />

AgustaWestland 10 (21%)<br />

Pre-owned Additions<br />

Enstrom 1 (2%)<br />

Aéropastiale 1 (2%)<br />

Sikorsky 1 (2%)<br />

Amateur-Built Aircraft 1 (2%)<br />

MD 3 (7%)<br />

Schweizer 3 (7%)<br />

Deductions<br />

48+26+7+7+4+4+4+G<br />

58+21+11+8+2+G<br />

38+22+18+7+7+2+2+2+2+G<br />

Bell <strong>Helicopter</strong> 1 (2%)<br />

Robinson 28 (58%)<br />

Robinson 17 (38%)<br />

Airbus <strong>Helicopter</strong>s 8 (18%) Bell <strong>Helicopter</strong> 10 (22%)<br />

Bell <strong>Helicopter</strong> 2 (7%) Enstrom 1 (4%)<br />

AgustaWestland 2 (7%)<br />

+48<br />

+45<br />

Sikorsky 1 (4%)<br />

Amateur-Built Aircraft 1 (4%)<br />

Robinson 7 (26%)<br />

-27<br />

Airbus <strong>Helicopter</strong>s 13 (48%)<br />

112<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


AUSTRALIA<br />

Additions & Deductions Per Model<br />

66 in total<br />

Aérospatiale<br />

Gazelle<br />

+1<br />

Gazelle HT MK2<br />

1<br />

AgustaWestlnd<br />

+8<br />

AW139<br />

AW169<br />

AW109<br />

-2<br />

1<br />

9<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

-1<br />

EC130<br />

EC225<br />

AS350<br />

BK117<br />

EC120<br />

AS355<br />

BO105<br />

EC155<br />

EC135<br />

EC145<br />

AS332L<br />

-3<br />

-1<br />

-1<br />

-2<br />

-1<br />

-1<br />

-2<br />

-2<br />

2<br />

1<br />

2<br />

1<br />

1<br />

1<br />

2<br />

2<br />

Amateur-Built<br />

Aircraft<br />

MHP Y4P<br />

Helicycle<br />

Mosquito XET<br />

Rotorway Exec 162<br />

CH-7<br />

+5<br />

-1<br />

2<br />

1<br />

1<br />

1<br />

1<br />

Deductions (-27)<br />

New Deliveries (+48)<br />

Pre-owned (+45)<br />

Bell<br />

<strong>Helicopter</strong><br />

+9<br />

Bell 206<br />

Bell 205<br />

Bell 412<br />

Bell 429<br />

Bell 407<br />

Bell 212<br />

-1<br />

-1<br />

2<br />

1<br />

1<br />

7<br />

Enstrom<br />

<strong>EN</strong>480<br />

<strong>EN</strong>280<br />

-1<br />

1<br />

MD<br />

+3<br />

MD600<br />

MD500<br />

1<br />

2<br />

Robinson<br />

Sikorsky Schweier<br />

+3 +38<br />

R22<br />

R44<br />

R66<br />

S-300<br />

S-76A<br />

-7<br />

-1<br />

1<br />

1<br />

3<br />

11<br />

12<br />

16 5<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 113


NEW ZEALAND<br />

New Zealand is the 2nd largest helicopter market in the <strong>Asia</strong> <strong>Pacific</strong> region<br />

and grew a healthy 7% in <strong>2015</strong> adding net 53 helicopters. The market is<br />

dominated by 4 manufacturers: Robinson (37%), Airbus <strong>Helicopter</strong>s (26%),<br />

MD <strong>Helicopter</strong>s (12%) and Bell <strong>Helicopter</strong> (12%). The 4 manufacturers<br />

combined represent 87% of the total New Zealand fleet.<br />

Uniquely, New Zealand has the largest fleet of MD <strong>Helicopter</strong>s in the <strong>Asia</strong><br />

<strong>Pacific</strong> region — 105 aircraft, representing 42% of the total <strong>Asia</strong> <strong>Pacific</strong> MD<br />

fleet. 87% of these 105 MD <strong>Helicopter</strong>s are used in multi-mission work, with<br />

the fleet scattered over a significant numbers of operators where the largest,<br />

for instance, has only 5 MD500s.<br />

Uniquely as well, the fleet in New Zealand is 90% made up of either pistons<br />

or singles with 79% engaged in either multi-mission, private, or corporate<br />

work. The most popular turbine helicopters are the AS350, MD500 and Bell<br />

206.<br />

Given the dominance of multi-mission applications in New Zealand where a<br />

cost-conscious approach to sourcing equipment is needed, a very strong preowned<br />

market exists. In <strong>2015</strong>, 81% of the fleet additions were pre-owned<br />

typically from either Airbus <strong>Helicopter</strong>s or Robinsons, and therefore typically<br />

either an AS350 or R22/44.<br />

841 in Total<br />

114<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Net <strong>Fleet</strong> Growth by OEM<br />

NEW ZEALAND<br />

0+3+0+58 67+0+28 30+0+47+0+3+0+30 32+0+93 94+0+18 18+0+2+0+6+0<br />

222<br />

193<br />

92 100<br />

9 9 11 21<br />

7<br />

7<br />

100 105<br />

307308<br />

59 59<br />

4 4 6 6<br />

2014 (788)<br />

<strong>2015</strong> (841)<br />

AgustaWestland<br />

Airbus <strong>Helicopter</strong>s<br />

Bell <strong>Helicopter</strong><br />

Guimbal<br />

Hiller Aircraft<br />

MD<br />

Robinson<br />

Schweizer<br />

Sikorsky<br />

Others<br />

Net <strong>Fleet</strong> Growth by Size Category<br />

38+0 0+39 32+0 0+35 3+0 0+3 4+0 0+5 1+0 0+1<br />

387 398<br />

327 358<br />

33<br />

35<br />

40 49 1 1<br />

2014 (788)<br />

<strong>2015</strong> (841)<br />

Piston<br />

Single<br />

Light Twin<br />

Medium<br />

Heavy<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 115


NEW ZEALAND<br />

Breakdown by Size Category<br />

841 in Total<br />

Breakdown by Mission<br />

841 in Total<br />

Turbine<br />

53%<br />

49+16+14+10+5+3+2+1+G<br />

Multi-Mission<br />

49%<br />

Medium 49 (6%)<br />

Light Twin 35 (4%)<br />

Heavy 1<br />

Charter 45 (5%)<br />

Flight Training<br />

82 (10%)<br />

SAR 25 (3%)<br />

Offshore Operations 17 (2%)<br />

EMS 10 (1%)<br />

Corporate<br />

118 (14%)<br />

Single 358 (43%)<br />

Piston 398 (47%)<br />

Private 131 (16%)<br />

Multi-Mission 413 (49%)<br />

Breakdown by OEM<br />

<strong>Fleet</strong> Size<br />

Replacement Cost (USD)<br />

37+26+12+12+7+3+2+1+G<br />

Schweizer 59 (7%)<br />

Bell <strong>Helicopter</strong> 100 (12%)<br />

MD 105 (12%)<br />

Airbus <strong>Helicopter</strong>s<br />

222 (26%)<br />

Guimbal 21 (3%)<br />

Others 17 (2%)<br />

AgustaWestland<br />

9 (1%)<br />

Robinson<br />

308 (37%)<br />

MD (9%)<br />

59+13+9+7+5+4+2+1+G<br />

AugustaWestland<br />

(5%)<br />

Robinson (7%)<br />

841 $1,381M<br />

Bell<br />

<strong>Helicopter</strong> (13%)<br />

Others (4%)<br />

Schweizer (2%)<br />

Guimbal (1%)<br />

Airbus <strong>Helicopter</strong>s (59%)<br />

116<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Breakdown by <strong>Helicopter</strong> Model – Turbine Only<br />

443 in Total<br />

NEW ZEALAND<br />

AgustaWestland<br />

9 (2%)<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

222 (50%)<br />

Bell<br />

<strong>Helicopter</strong><br />

94 (21%)<br />

Fairchild Hiller<br />

4 (1%)<br />

MD 105 (24%)<br />

Mil 1<br />

Robinson<br />

5 (1%)<br />

3+3+2+160+27+20+19+10+7+3+2+1+145+7++3+2+2+1+14 44+20+5+1+1 1 5<br />

AW109 3<br />

AW139 3<br />

AW169 2<br />

AW119 1<br />

AS350 132<br />

BK117 27<br />

EC130 20<br />

AS355 19<br />

EC120 10<br />

BO105 7<br />

EC135 3<br />

SA315 2<br />

AS332L1 1<br />

EC145 1<br />

Bell 206 78<br />

Bell 205 7<br />

Bell 429 3<br />

Bell 222 2<br />

Bell 427 2<br />

Bell 407 1<br />

Bell 212 1<br />

FH-1100 4<br />

MD 500 78<br />

MD 520 20<br />

MD 530 5<br />

MD 900 1<br />

MD 600 1<br />

Mi-34<br />

R66<br />

3Sikorsky 3 (1%) S-76A<br />

1<br />

3<br />

5<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 117


NEW ZEALAND<br />

Breakdown by Operator<br />

Top 37 – Out of 404 Operators (5 or more helicopters)<br />

Heliflite <strong>Pacific</strong><br />

Rotor Work<br />

<strong>Helicopter</strong>s Otago<br />

HNZ Global<br />

Garden City <strong>Helicopter</strong>s<br />

The <strong>Helicopter</strong> Line<br />

Advanced Flight<br />

Western <strong>Pacific</strong> <strong>Helicopter</strong>s<br />

Heli Resources<br />

Precision <strong>Helicopter</strong>s<br />

Fox Glacier <strong>Helicopter</strong> Services<br />

Helilink<br />

Inflite Charters<br />

Wanaka <strong>Helicopter</strong>s<br />

Hele-Tranz<br />

Helipro<br />

North Shore <strong>Helicopter</strong>s<br />

Search & Rescue Services<br />

Ardmore <strong>Helicopter</strong>s<br />

Way to Go Heliservices<br />

Airwork (NZ)<br />

Alpine <strong>Helicopter</strong>s<br />

Christchurch <strong>Helicopter</strong>s<br />

Comerford Bryan James<br />

Gisborne <strong>Helicopter</strong>s<br />

High Country <strong>Helicopter</strong>s<br />

Rick Lucas <strong>Helicopter</strong>s<br />

Southern Lakes <strong>Helicopter</strong>s<br />

Aspiring <strong>Helicopter</strong>s<br />

Beck <strong>Helicopter</strong>s<br />

Central South Island <strong>Helicopter</strong>s<br />

Heliops Southland<br />

Outback <strong>Helicopter</strong>s<br />

Over The Top<br />

Ravensdown Aerowork<br />

Reid <strong>Helicopter</strong>s Nelson<br />

Skywork <strong>Helicopter</strong>s<br />

18<br />

18+18+17+17+15+15+14+13+10+10+9+9+9+9+8+8+8+8+7+7+6+6+6+6+6+6+6+6+5+5+5+5+5+5+5+5+5<br />

6<br />

6<br />

6<br />

5<br />

5<br />

5<br />

5<br />

5<br />

5<br />

5<br />

5<br />

5<br />

6<br />

6<br />

6<br />

6<br />

6<br />

7<br />

7<br />

8<br />

8<br />

8<br />

8<br />

10<br />

10<br />

9<br />

9<br />

9<br />

9<br />

15<br />

14<br />

13<br />

15<br />

17<br />

18<br />

17<br />

118<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Top Operator <strong>Fleet</strong>s by Model<br />

18+18+17+16+15+15+14+13+10+10<br />

NEW ZEALAND<br />

17 17 15 15 14 13 10 10<br />

Heliflite<br />

<strong>Pacific</strong><br />

Rotor Work<br />

<strong>Helicopter</strong>s<br />

Otago<br />

HNZ Global<br />

Total<br />

AgustaWestland AW109 1 1<br />

AW139 3 3<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

Bell <strong>Helicopter</strong><br />

Garden City<br />

<strong>Helicopter</strong>s<br />

AS350 1 12 4 15 1 1 34<br />

EC135 1 1<br />

AS355 1 1<br />

BK117 5 4 1 10<br />

EC120 1 1<br />

EC130 1 7 1 9<br />

EC145 1 1<br />

Bell 205 3 3<br />

Bell 206 2 10 3 2 17<br />

Bell 429 3 3<br />

Bell 47 1 1<br />

Guimbal Cabri G2 1 1<br />

MD MD 500 5 5<br />

R22 14 2 4 1 21<br />

Robinson<br />

R44 2 7 1 13 2 25<br />

Schweizer S-300 2 8 10<br />

Total 18 18 17 17 15 15 14 13 10 10 147<br />

The <strong>Helicopter</strong><br />

Line<br />

Advanced Flight<br />

Western <strong>Pacific</strong><br />

<strong>Helicopter</strong>s<br />

Heli Resources<br />

Precision<br />

<strong>Helicopter</strong>s<br />

<strong>Fleet</strong> Breakdown by Mission & OEM<br />

Multi-Mission<br />

Private<br />

Corporate<br />

Flight Training<br />

Charter<br />

SAR<br />

82+26+24+17+9+5+4+2<br />

413<br />

131 118<br />

82<br />

45 25 17 10<br />

Offshore<br />

Operations<br />

EMS<br />

Total<br />

AgustaWestland 1 2 1 1 4 9<br />

Airbus <strong>Helicopter</strong>s 126 7 14 6 35 19 9 6 222<br />

Bell <strong>Helicopter</strong> 71 3 12 4 6 2 1 1 100<br />

Brantly 1 1<br />

Fairchild Hiller 3 1 4<br />

Guimbal 2 2 5 11 1 21<br />

Hiller Aircraft 2 3 2 7<br />

MD 91 2 9 1 1 1 105<br />

Mil 1 1<br />

Robinson 96 84 74 51 1 2 308<br />

Schweizer 20 27 3 9 59<br />

Sikorsky 1 3 4<br />

Total 413 131 118 82 45 25 17 10 841<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 119


NEW ZEALAND<br />

Total <strong>Fleet</strong> Age Distribution<br />

841 in Total<br />

18<br />

16<br />

14<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

1956<br />

1957<br />

1958<br />

1959<br />

1960<br />

1961<br />

1962<br />

1963<br />

1964<br />

1965<br />

1966<br />

1967<br />

1968<br />

1969<br />

1970<br />

1971<br />

1972<br />

1973<br />

1974<br />

1975<br />

1976<br />

1977<br />

1978<br />

1979<br />

1980<br />

1981<br />

1982<br />

1983<br />

1984<br />

1985<br />

1986<br />

1987<br />

1988<br />

1989<br />

1990<br />

1991<br />

1992<br />

1993<br />

1994<br />

1995<br />

1996<br />

1997<br />

1998<br />

1999<br />

2000<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

2011<br />

2012<br />

2013<br />

2014<br />

<strong>2015</strong><br />

<strong>Year</strong> of Manufacture<br />

120<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


NEW ZEALAND<br />

Robinson 1 (8%)<br />

Airbus <strong>Helicopter</strong>s 3 (25%)<br />

New Deliveries<br />

52+15+15+10+4+2+2+G<br />

67+25+8+G<br />

+12<br />

Guimbal 8 (67%)<br />

Pre-owned Additions<br />

Bell <strong>Helicopter</strong> 8 (15%)<br />

MD 5 (10%)<br />

Guimbal 2 (4%)<br />

Schweizer 1 (2%)<br />

AgustaWestland 1 (2%)<br />

Robinson 8 (15%)<br />

+52<br />

Airbus <strong>Helicopter</strong>s 27 (52%)<br />

73+9+9+9+G<br />

-11<br />

Deductions<br />

AgustaWestland 1 (9%)<br />

Airbus <strong>Helicopter</strong>s 1 (9%)<br />

Schweizer 1 (9%)<br />

Robinson 8 (73%)<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 121


NEW ZEALAND<br />

Additions & Deductions Per Model<br />

53 in total<br />

Agusta<br />

Westland<br />

AW109<br />

AW139<br />

-1<br />

1<br />

AS350<br />

1 17<br />

Airbus<br />

<strong>Helicopter</strong>s<br />

+29<br />

BK117<br />

EC130<br />

-1<br />

2 2<br />

8<br />

Bell 206<br />

6<br />

Bell<br />

<strong>Helicopter</strong><br />

+8<br />

Bell 212<br />

1<br />

Bell 222<br />

1<br />

Deductions (-11)<br />

Guimbal<br />

MD<br />

Robinson<br />

+1 +5<br />

+10<br />

Cabri G2<br />

MD 500<br />

MD 520<br />

MD 530<br />

MD 900<br />

R44<br />

R22<br />

-4<br />

-4<br />

-4<br />

2<br />

1<br />

1<br />

1<br />

1<br />

4<br />

4<br />

8<br />

2<br />

New Deliveries (+12)<br />

Pre-owned (+52)<br />

Sikorsky<br />

S-300<br />

-1<br />

1<br />

122<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


PRE-OWNED AIRCRAFT – GLOBAL AVAILABILITY<br />

Pre-owned <strong>Helicopter</strong>s – % of <strong>Fleet</strong> for Sale<br />

10%<br />

AugustaWestland<br />

9%<br />

Enstrom<br />

8%<br />

Schweizer<br />

Sikorsky<br />

7%<br />

Airbus<br />

Bell<br />

6%<br />

MD<br />

Robinson<br />

5%<br />

Jan-15<br />

Feb-15<br />

Mar-15<br />

Apr-15<br />

May-15<br />

Jun-15<br />

Jul-15<br />

Aug-15<br />

Sep-15<br />

Oct-15<br />

Nov-15<br />

Dec-15<br />

Pre-owned <strong>Helicopter</strong>s – Average Days on Market<br />

Source: Jetnet LLC<br />

900<br />

850<br />

Enstrom<br />

800<br />

750<br />

700<br />

AugustaWestland<br />

Schweizer<br />

650<br />

Airbus<br />

600<br />

550<br />

MD<br />

Sikorsky<br />

Bell<br />

Robinson<br />

500<br />

Jan-15<br />

Feb-15<br />

Mar-15<br />

Apr-15<br />

May-15<br />

Jun-15<br />

Jul-15<br />

Aug-15<br />

Sep-15<br />

Oct-15<br />

Nov-15<br />

Dec-15<br />

Source: Jetnet LLC<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 123


AIRCRAFT MODELS POSITIONING<br />

Aircraft Total <strong>Year</strong>ly Cost vs Maximum Range<br />

8<br />

AW189<br />

AS332 L1e<br />

S-92<br />

H225<br />

4<br />

Bell 412EPI<br />

S-76D<br />

H175<br />

H145<br />

H155<br />

AW139<br />

Total <strong>Year</strong>ly Cost (Million USD/<strong>Year</strong>)<br />

2<br />

1<br />

Bell 430<br />

MD 902<br />

AC311*<br />

Bell 407<br />

Bell 206L4<br />

S-76C++<br />

AC312*<br />

EC145<br />

AW109 GrandNew<br />

Bell 429<br />

H135<br />

AW109 Power<br />

H130<br />

Bell 407GXP<br />

AW119 Kx<br />

H125<br />

MD600N<br />

Heavy<br />

MD 520N<br />

MD 530F<br />

MD 500E<br />

S-333<br />

H120<br />

<strong>EN</strong>480B<br />

R66<br />

Medium<br />

Light Twin<br />

Single<br />

Piston<br />

0.5<br />

R44 Raven II<br />

R22 Beta II<br />

0.25<br />

100 200 300 400 500 600 700 800<br />

* Estimated cost using similar model categories<br />

Total <strong>Year</strong>ly Cost estimated using includes Conklin & de Decker <strong>2015</strong> industrial cost figures for aircraft acquisition cost<br />

on 10 years, plus yearly operating cost, plus adjustments to account for regional differences.<br />

124<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Recent & Upcoming Aircraft Models<br />

780<br />

730<br />

Recently<br />

Delivered<br />

Upcoming<br />

AW609<br />

680<br />

Maximum Range (NM)<br />

630<br />

580<br />

530<br />

480<br />

Mi-171A2<br />

Mi-38<br />

Bell 525 Relentless<br />

H160<br />

430<br />

380<br />

Ka-62<br />

Bell 407GXP<br />

AW169<br />

330<br />

Bell 505 Jet Ranger X<br />

280<br />

<strong>2015</strong><br />

2016<br />

2017<br />

2018<br />

2019<br />

32<br />

29<br />

Mi-38<br />

26<br />

23<br />

Mi-171A2<br />

Maximum Passengers<br />

20<br />

17<br />

14<br />

11<br />

Ka-62<br />

Bell 525 Relentless<br />

H160<br />

8<br />

AW169<br />

AW609<br />

5<br />

Bell 407GXP<br />

2<br />

Bell 505 Jet Ranger X<br />

<strong>2015</strong><br />

2016<br />

2017<br />

2018<br />

2019<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 125


AIRCRAFT PROFILE<br />

The S-92 helicopter is the most advanced aircraft in Sikorsky’s<br />

civil product line. It was developed after the 1973 oil crisis to<br />

meet the demand for an aircraft with sufficient capabilities<br />

when gas and oil companies began exploring further offshore.<br />

From there, it further expanded into the VIP transport market,<br />

establishing itself as one of the finest and most versatile aircraft<br />

flying in private aviation today. Developed from Sikorsky’s S-70<br />

military helicopter, the S-92 has similar parts, including the<br />

flight control and rotor systems. The four-blade, twin-engine,<br />

medium-lift S-92 is 17.10 m long and 4.71 m high. Powered<br />

by two General Electric CT7-8A turboshaft engines, it has a<br />

maximum speed of 306 km/h, and a cruise speed of 280 km/<br />

h. Its range is 999 km, and its service ceiling 4,270 m. The S-92<br />

flies with a 2-person crew, and has a standard capacity for 9-10<br />

passengers in its 6.09 meter long, 2 meter tall cabin.<br />

Certified to meet the world’s most stringent safety<br />

requirements, its advanced health and usage monitoring<br />

system sets a new standard for reliability, enabling cutting-edge<br />

fleet management services.<br />

The S-92 is available in a number of versions. The civil transport<br />

version has an airliner-type interior, while the utility version has<br />

22 side-facing seats with a full cabin-width rear ramp. The 68.1<br />

sq m interior cabin can be configured to accommodate up to<br />

three airline-style LD3 cargo containers. The S-92’s spacious<br />

cabin allows for versatile seating arrangements, that can<br />

incorporate custom features including a galley, wet bar, closets,<br />

and even a lavatory. Unique custom interiors use only the finest<br />

materials enabling the cabin to be considerably quieter and the<br />

flight smooth so passengers can relax, read, or get some work<br />

done around the clock. The 1.83 m ceiling allows for ease of<br />

movement throughout the cabin, and the wide spaces allow for<br />

greater comfort when seated. Satellite phones keep traveling<br />

VIPs in touch anytime and anywhere with an advanced global<br />

communication system.<br />

The airframe of the S-92 is made of dynamic components,<br />

based on those from the S-70. In 2000, two year’s after the<br />

aircraft’s maiden flight, the fuselage was lengthened by 40 cm<br />

aft of the cockpit, the tail pylon shortened, and the horizontal<br />

stabilizer repositioned, creating greater stability and allowing<br />

126<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


DIM<strong>EN</strong>SIONS<br />

Length: 56’2” (17.10m)<br />

Rotor Diameter: 56’4” (17.17m)<br />

Height: 15’5” (4.71m)<br />

Width: 17’3” (5.26m)<br />

Cabin Size: 20’ Long x 6.6’ Tall x 6.4’ Wide<br />

WEIGHTS<br />

Internal Load: 12,020 kg / 26,500 lb<br />

External Load: 12,837 kg / 28,300 lb<br />

Empty Weight: 7,030 kg / 15,500 lb<br />

PAYLOAD<br />

Full Fuel Load (standard): 2,333 kg / 5,145 lb<br />

Max External Load: 3 ,622 kg / 7,988 lb<br />

CAPACITY<br />

VIP: 2 crews + 10 passengers<br />

Offshore Operations: 2 crews + 19 passengers<br />

Search and Rescue: Crew Seats + up to 6 Patient Litters<br />

<strong>EN</strong>GINES<br />

General Electric CT7-8A :<br />

2,520 shp / 1,879 kW<br />

Maximum Emergency Power (OEI):<br />

2,740 shp / 2,043 kW<br />

PERFORMANCE<br />

Maximum Speed: 306 km/h / 165 kts<br />

Long Range Cruise Speed: 254 km/h / 137 kts<br />

OEI Service Ceiling: 1,676m / 5,500 ft<br />

Ceiling-Certified MTOW: 4,572m / 15,000 ft<br />

the aircraft to be used for a broader range of applications,<br />

stretching well beyond its military roots. The S-92 features an<br />

active vibration control system for greater flight comfort and<br />

lower acoustic levels. Safety features such as flaw tolerance,<br />

bird strike capability, and engine burst containment have been<br />

incorporated into the design of the S-92.<br />

MAXIMUM RANGE<br />

865 km / 467 NM - Normal Tanks<br />

1,485 km / 802 NM - with 210 gal. Aux. Tank<br />

Sikorsky has taken the rugged reliability of a cutting-edge<br />

military aircraft and modified it with the highest demands for<br />

comfort and luxury in mind. It is no surprise, then, that the S-92<br />

has become the helicopter of choice for heads of state and VIPs<br />

around the world, including the president of the United States<br />

of America. To travel in an S-92 is to experience the comfort<br />

of a fixed-wing business aircraft with the freedom of a medium<br />

sized helicopter.<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 127


128<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


MISSION & SIZE CATEGORY DESCRIPTION<br />

Mission Categories<br />

In this report, mission categories include:<br />

•Multi-Mission<br />

•Offshore Operations<br />

•Search and Rescue (SAR)<br />

•Emergency Medical Services (EMS)<br />

•Law Enforcement<br />

•Flight Training<br />

•Corporate<br />

•Private (recreational)<br />

•Charter<br />

The largest mission category is broadly defined as<br />

Multi-Mission, also referred to as “General Aviation” in the<br />

industry. Most helicopters in this category are active in<br />

more than one mission and can be configured to perform<br />

various tasks. This includes a number of subcategories:<br />

•Onshore Oil & Gas (distinct from offshore operations)<br />

•Forestry (surveying, logging and protection)<br />

•FireFighting<br />

•Aerial Photography<br />

•Aerial Tours<br />

•Agriculture and Pest Control<br />

•Power-line Repair and Survey<br />

•News Gathering<br />

Size Categories<br />

Heavy Medium Light Twin Single Piston<br />

AS332C AC312 AS355 AC301 A600 Talon<br />

AS332L AS365 AW109 AC311 B-2<br />

AS332L1 AW139 Bell 230 AS350 Bell 47<br />

AS332L2 AW169 Bell 427 AW119 Bell OH-13H<br />

AW101 AW189 BO105 Bell 206 Cabri G2<br />

BV107 Bell 204 EC135 Bell 407 CH-7<br />

BV234 Bell 205 MD 900 Bell AH-1 <strong>EN</strong>280<br />

EC225 Bell 212 EC120 Exec 162F<br />

Mi-26 Bell 214 EC130 Exec 90<br />

Mi-8 Bell 222 <strong>EN</strong>480 Gynali H2S<br />

S-61 Bell 412 FH-1100 Innovator Technologies XE<br />

S-64 Bell 429 Gazelle HT MK2 Jetexec T62<br />

S-92 Bell 430 Helicycle MHP Y4P<br />

BK117 Hummingbird Mini 500<br />

Dhruv K-Max Mosquito XE/XET<br />

EC145 MD 500 Phillicopter MK I<br />

EC155 MD 520 R22<br />

KA-32 MD 530 R44<br />

Mi-2 MD 600 Rotorway Exec 162<br />

S-70A Mi-34 S-300<br />

S-76A R66 S-55B<br />

S-76A+ Rotorway Jetexec Safari<br />

S-76A++ S-330 Skeeter<br />

S-76B S-333 UH-12<br />

S-76C S-58 Ultrasport 331H<br />

S-76C+<br />

SA313<br />

S-76C++<br />

SA315<br />

S-76D<br />

SA316<br />

Surion<br />

SA319<br />

Z-9 SA341<br />

SW-4<br />

Z-11<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 129


130<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 131


Financing Institutions<br />

The following list contains a number of <strong>Asia</strong>-<strong>Pacific</strong> and international financial institutions. The main difference between the<br />

bank and non-bank financial intermediaries is that banks are more focused on finance leases and leasing companies are<br />

more focus on operating leases.<br />

China is becoming a large and important player in this area. Not only large banks in China have established their own<br />

aviation finance departments, but also many leasing companies have received support from the government allowing them<br />

to implement preferential leasing solutions.<br />

Financing Institutions for Smaller <strong>Helicopter</strong>s<br />

Name Office Location Finance Lease Operating Lease<br />

CIT International <br />

BNP Paribas International <br />

Citi Bank International <br />

Credit Suisse International <br />

Bank of Scotland Corp. Asset Solutions International <br />

Amur <strong>Helicopter</strong> Financial Services, LLC International <br />

Macquarie Rotorcraft Leasing International <br />

Waypoint Leasing International <br />

Cessna Finance Corporation International <br />

Textron Aviation Finance Corporation International <br />

Lease Corporation International International <br />

Minsheng Bank China <br />

ICBC China <br />

Industrial Bank China <br />

China Development Bank China <br />

China Merchants Bank China <br />

Agriculture Bank of China China <br />

Changjiang Leasing China <br />

AVIC Leasing China <br />

Shanghai Guojin Leasing China <br />

Anbang Insurance China <br />

China Huarong Financial Leasing China <br />

CITIC Futong China <br />

China Trust Taiwan <br />

Chailease Finance Taiwan <br />

Fuyo General Lease Co., Ltd. Japan <br />

Century Tokyo Leasing Corporation Japan <br />

JA Mitsui Leasing, Ltd. Japan <br />

ITC-Leasing, Inc. Japan <br />

BOT Lease Co., Ltd. Japan <br />

Sannichi Leasing Japan <br />

Chikugin Lease KK Japan <br />

Naka Nihon Van Lease Co., Ltd. Japan <br />

Togin Lease Co., Ltd. Japan <br />

Toyota Finance Japan <br />

Nissei Lease K.K. Japan <br />

Ricoh Leasing Company, Ltd. Japan <br />

Kogin Lease Japan <br />

Showa Leasing Co., Ltd. Japan <br />

Mitsubishi UFJ Lease & Finance Company Japan <br />

KTB Leasing Co., Ltd. Thailand <br />

Resona Indonesia Finance PT Indonesia <br />

Capital Finance Australia <br />

Westpac Australia <br />

ANZ Australia <br />

National Australia Bank Australia <br />

MACQUARIE Australia <br />

Commonwealth Bank of Australia Australia <br />

Heli Holdings Ltd New Zealand <br />

136<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>


Financing Institutions for Larger Oil & Gas, VIP, EMS <strong>Helicopter</strong>s<br />

Name Office Location Finance Lease Operating Lease<br />

Barclays International <br />

CIT International <br />

BNP Paribas International <br />

Milestone Aviation Group Limited / GE Capital International <br />

RBS International <br />

Amur <strong>Helicopter</strong> Financial Services, LLC International <br />

Macquarie Rotorcraft Leasing International <br />

Waypoint Leasing International <br />

Lease Corporation International International <br />

Minsheng Bank China <br />

ICBC China <br />

Industrial Bank China <br />

AVIC Leasing China <br />

MACQUARIE Australia <br />

Commonwealth Bank of Australia Australia <br />

Westpac Australia <br />

ANZ Australia <br />

National Australia Bank Australia <br />

<strong>Helicopter</strong> Leasing New Zealand <br />

Heli Holdings Ltd New Zealand <br />

Legal Firms<br />

Involving an experience lawyer or law firm in the early stages of an aircraft sales and purchase is key to minimize both<br />

costs and potential problems relating to the aircraft for the long run. Aircraft transactions are complicated and involve<br />

a sizable number of documents, including sales and purchase agreement, financing agreement, aircraft management<br />

agreement, and all specification, registration, and importation documents, just to name a few. Due to the unique nature<br />

of aircraft transactions, industry experts and specialists in both the legal and commercial aspects of transactions will be<br />

needed to scrutinize each transaction as to ensure that seller or buyer’s legal interests are best protected and the best<br />

commercial terms are obtained.<br />

<strong>ASG</strong> provides transaction support services with its team of aviation specialists in the industry. <strong>ASG</strong> will also liaise with top<br />

law firms should legal services be required, and thereby ensuring a smooth transaction both legally and commercially.<br />

Law Firm Region Law Firm Region<br />

Herbert Smith Freehills Australia Shook Lin & Bok Indonesia<br />

Allens Australia Makarim & Taira S. Indonesia<br />

Minter Ellison Australia Bae, Kim & Lee Korea<br />

Allen & Overy LLP Australia Kim & Chang Korea<br />

King & Wood Mallesons Australia and China Lee & Ko Korea<br />

Run Ming Law Offices China Yulchon LLC Korea<br />

Jun He Law Offices China Yoon & Yang LLC Korea<br />

Clifford Chance Hong Kong Bell Gully New Zealand<br />

Clyde & Co Hong Kong Chapman Tripp New Zealand<br />

Bird & Bird Hong Kong Russell McVeagh New Zealand<br />

Holman Fenwick William Hong Kong Appleby Offshore<br />

Mayer Brown JSM Hong Kong Bedell Cristin Offshore<br />

Stephenson Harwood Hong Kong Carey Olsen Offshore<br />

William K K Ho & Co. Hong Kong Conyers Dill & Pearman Offshore<br />

Lee and Li Taiwan Harney Westwood & Riegels Offshore<br />

Tsar & Tsai Law Firm Taiwan Maples and Calder Offshore<br />

Bhasin & Co India Mourant Ozannes Offshore<br />

Wadia Ghandy & Co India Walkers Offshore<br />

Gagrats India SyCip Salazar Hernandez & Gatmaitan Philippines<br />

Mulla & Mulla & Craigie Blunt & Caroe India Hogan Lovells Singapore<br />

Anderson Mori & Tomotsune Japan Milbank Singapore<br />

Nagashima Ohno & Tsunematsu Japan Watson Farley & Williams Singapore and Hong Kong<br />

Nishimura & Asahi Japan Siam Premier Thailand<br />

Squire Sanders<br />

Japan<br />

ASIA PACIFIC REGION CIVIL HELICOPTER FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 137


The information contained in this report is provided free of charge for reference only. While such information was compiled using the best<br />

available data as of December <strong>2015</strong>, <strong>ASG</strong> makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability,<br />

or suitability of such information. <strong>ASG</strong> is not responsible for, and expressly disclaims any and all liability for damages of any kind, either direct or<br />

indirect, arising out of use, reference to, or reliance on any information contained within this report.<br />

ASIAN SKY GROUP<br />

THANKS TO<br />

Suite 3905, Far East Finance Centre,<br />

16 Harcourt Road<br />

Admiralty, Hong Kong<br />

Telephone +852 2235 9222<br />

Facsimile +852 2528 2766<br />

www.asianskygroup.com

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!