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Asian Sky Quarterly 2023 Q1

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EUROPE PROFILE: HELICOPTER<br />

There has been two transaction peaks in the helicopter market<br />

over the latest three-year period. During May 2021, transactions<br />

for Single helicopters increased sharply, especially for the Bell<br />

206, Eurocopter AS350B3e, and Eurocopter EC120B. These models<br />

were in high demand among European operators utilizing them for<br />

charter and multi-missions roles.<br />

The second transaction peak occurred in April 2022 when transactions<br />

for Medium Twin helicopters notably increased, especially for models<br />

such as the AW139, Bell 412, and S-76C/C++.<br />

Seller Location - Sold to Europe<br />

Heavy<br />

Super Medium<br />

Medium Twin<br />

Light Twin<br />

Single<br />

0 50 100 150 200 250 300 350 400 450 500<br />

EUROPE<br />

11<br />

45 146<br />

249 454<br />

NORTH AMERICA<br />

6 10 19<br />

38<br />

REST OF THE WORLD<br />

12<br />

ASIA-PACIFIC<br />

11<br />

MENA<br />

3<br />

Note: Only transactions where the buyer and seller country are known are included.<br />

Up to 88% of helicopters sold to Europe over the latest three-year period<br />

were intra-Europe movements, which included 249 Single helicopters,<br />

and 146 Light Twin helicopters. In addition, 78% of all transactions<br />

that involved Heavy and Super Medium helicopters were intra-Europe<br />

movements. All three Super Medium helicopters that were sold to the<br />

region over the same period were previously advertised for sale in Europe.<br />

Buyer Location - Sold from Europe<br />

Heavy Super Medium Medium Twin Light Twin Single<br />

0 50 100 150 200 250 300 350 400 450 500<br />

EUROPE 13 48<br />

152<br />

256 473<br />

NORTH AMERICA<br />

5 25 13 19<br />

62<br />

ASIA-PACIFIC<br />

43<br />

REST OF THE WORLD<br />

23<br />

MENA<br />

12<br />

Note: Only transactions where the buyer and seller country are known are included.<br />

Conversely, in the past three years, 77% of helicopters sold from Europe<br />

remained within the region, while 10% were sold to North America,<br />

consisting of 25 Medium Twin helicopters. Helicopters sold to Asia-<br />

Pacific represented 7% of all sales. The United Kingdom was the country<br />

with the largest number of both incoming and outgoing helicopters,<br />

having sold 102 and procured 129 over the three-year period.<br />

22 | GLOBAL SKY QUARTERLY — FIRST QUARTER <strong>2023</strong>

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