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MARKET TRENDS<br />
MARKET TRENDS<br />
HELICOPTER ADDITIONS & DEDUCTIONS<br />
120 -178<br />
62<br />
4,126<br />
4,130<br />
HISTORICAL MOVEMENTS<br />
178<br />
166<br />
142<br />
149<br />
125120<br />
85 90<br />
62<br />
40<br />
37<br />
2021<br />
2022<br />
<strong>2023</strong><br />
25<br />
<strong>Fleet</strong> 2022 New Pre-Owned Deductions <strong>Fleet</strong> <strong>2023</strong><br />
Deliveries Additions<br />
New Deliveries<br />
Pre-owned<br />
Additions<br />
Deductions<br />
Intra-Asia-Pacific<br />
Movements<br />
The overall growth trend for helicopters in the Asia-Pacific region<br />
has been favorable since Asian Sky Group began to record data<br />
in 2014, with a CAGR of 2.6% through <strong>2023</strong>. By the end of <strong>2023</strong>, a<br />
total of 4,130 helicopters were in operation in Asia-Pacific, a net<br />
increase of four, with 62 new deliveries, 120 pre-owned additions<br />
and 178 deductions.<br />
New deliveries decreased by 28 aircraft, or 31%, compared to<br />
the previous year, while pre-owned additions decreased by five<br />
aircraft. <strong>Helicopter</strong> fleet deductions in the Asia-Pacific region<br />
continued to increase, growing by 19% for the year. In <strong>2023</strong>, a total<br />
of 25 aircraft moved within the Asia-Pacific region, a decrease of<br />
32% from the previous year. Looking at the trends of the past two<br />
years, the Asia-Pacific helicopter market slowed further in <strong>2023</strong>,<br />
with a reduction in demand for new aircraft and a decline in preowned<br />
helicopter movements.<br />
helicopters to the Asia-Pacific region. In <strong>2023</strong>, Bell delivered<br />
29 pre-owned aircraft to the region, one less than the previous<br />
year, with a total value of $160 million. MD completed 14 preowned<br />
aircraft transactions in the Asia-Pacific region, accunting<br />
for 12% of the total (USD $32 million). Among the newly added<br />
pre-owned helicopters, approximately 68 helicopters were in the<br />
Single size category, including models such as MD 500 and H125,<br />
TOP MODELS OVER 3 <strong>YE</strong>ARS<br />
New Deliveries<br />
EC145/<br />
H145/BK117<br />
2021<br />
2022<br />
<strong>2023</strong><br />
14<br />
11 12 11<br />
12<br />
12<br />
10<br />
11<br />
8 8<br />
7<br />
8<br />
6<br />
7 6 6 5 5 5<br />
6 5 5<br />
3<br />
3 3 4<br />
2 1 2 1<br />
AS350/<br />
H125<br />
R66 AW139 EC130/ Bell 407 Bell 505 Bell 412 EC135/ Bell 429<br />
H130<br />
H135<br />
The total value of new helicopter deliveries in the Asia-Pacific<br />
region in <strong>2023</strong> amounted to USD $530 million. Airbus maintained<br />
its position as the leading OEM delivering new helicopters to<br />
the region, with 33 new deliveries valued at more than USD $300<br />
million, accounting for more than 57% of the value of all new<br />
deliveries. Leonardo overtook Bell as the second-ranked OEM<br />
for new deliveries in <strong>2023</strong>, with 11 new helicopters delivered,<br />
compared to Bell’s nine deliveries. New deliveries accounted<br />
for 34% of total fleet additions, a decrease of USD $59 million<br />
compared to the previous year.<br />
The total value of pre-owned helicopter additions in Asia-Pacific<br />
during <strong>2023</strong> reached USD $860 million. Airbus surpassed<br />
Leonardo to become the leading OEM, delivering 36 pre-owned<br />
Pre-Owned Additions<br />
6<br />
25<br />
14<br />
MD 500<br />
28<br />
16<br />
12<br />
AS350/<br />
H125<br />
Deductions<br />
20<br />
14<br />
38<br />
AS350/<br />
H125<br />
24<br />
7<br />
9<br />
5 6<br />
4 5 5<br />
1<br />
6 5<br />
2<br />
3 5 3<br />
2021<br />
2022<br />
<strong>2023</strong><br />
1110 9<br />
11 11<br />
3 2 3 2<br />
Bell 206 Mi-8/ EC145/ Bell 412 S-92 AW139 AW109 Bell 214<br />
17/171 H145/BK117<br />
2021<br />
2022<br />
<strong>2023</strong><br />
15<br />
17<br />
15<br />
1113<br />
11 9 9 11<br />
14<br />
10<br />
5<br />
8 7 8 7 6<br />
9<br />
4 4<br />
4<br />
7 6 6<br />
1<br />
3<br />
MD 500 EC145/ AW139 AW109 Bell 206 AW119 S-76 AS365 Bell 412<br />
H145/BK117<br />
29<br />
12 | <strong>YE</strong> <strong>2023</strong> ASIA-PACIFIC CIVIL HELICOPTER FLEET REPORT
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