20.03.2024 Views

Helicopter Fleet Report YE 2023

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

EXECUTIVE SUMMARY<br />

ASIA-PACIFIC CIVIL TURBINE HELICOPTER FLEET GROWTH<br />

4,500<br />

4,000<br />

3,500<br />

3,000<br />

2,500<br />

3,287<br />

5.3%<br />

3,460<br />

3,600 1.6%<br />

3,659<br />

4.0%<br />

5.1%<br />

3,845<br />

1.8%<br />

3,913<br />

2.1%<br />

3,997<br />

1.6%<br />

4,060<br />

4,126 4,130<br />

1.6% 0.1%<br />

CAGR<br />

2014 to <strong>2023</strong><br />

2.6%<br />

2,000<br />

2014<br />

2015 2016 2017 2018 2019 2020 2021 2022 <strong>2023</strong><br />

NOTE:<br />

Please note that for this edition of the <strong>Helicopter</strong> <strong>Fleet</strong> <strong>Report</strong>, the total fleet numbers from across the Asia-Pacific region have been adjusted to Asian Sky Group<br />

revised selection criteria for helicopters that are classified as carrying civilian registrations.<br />

A conscious effort has been made to ensure that the fleet data accurately, and distinctly reflects the current registration status of the regional fleet. As a result of<br />

the revisions, the fleet numbers presented in this report contain variations from previous reports.<br />

There were 4,130 civil turbine helicopters operating in the Asia-<br />

Pacific region as of December 31, <strong>2023</strong>. This total number had<br />

grown by four when compared to 4,126 at the end of 2022, with<br />

the growth of merely 0.1% being the lowest we have seen in the<br />

10-year period since our records began. Overall, the region has<br />

seen 2.6% year-on-year compound growth since 2014, adding<br />

843 new helicopters. Our historical data suggests that COVID-19<br />

had a very limited impact on the Asia-Pacific helicopter<br />

market, during <strong>2023</strong> there was a decrease in the number of<br />

both new deliveries and pre-owned additions compared to the<br />

previous year. There was however an increase in the number<br />

of deductions by 29 units, of which 53 out of the 178 removed<br />

helicopters were either retired or stored.<br />

Overall, excluding intra-Asia-Pacific transactions, there were 360<br />

changes in Asia-Pacific during <strong>2023</strong>, a slight decrease from 364<br />

in 2022. These changes included 62 new helicopter deliveries,<br />

120 pre-owned additions and 178 deducted helicopters.<br />

<strong>YE</strong> <strong>2023</strong> ASIA-PACIFIC CIVIL HELICOPTER FLEET REPORT | 3

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!