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>