For the first time in North America, Italian OEM AgustaWestland (Booth No. 6937) is displaying here at Heli-Expo its complete family of new-generation helicopters, a lineup comprising the AW169, AW139 and AW189, along with the PZL-Swidnik SW-4, which is making its debut Heli-Expo appearance. The three new-generation helicopters cover the four- to eight-ton categories and share a common cockpit layout, design philosophy and maintenance concept.
CHC Group is going public and has begun an initial public offering (IPO) of 29,412,000 of its ordinary shares. The company, parent of CHC Helicopter, will make all of these shares available in the IPO, which is expected to price at $16 to $18 per share. If the underwriters sell more than the allotted shares, they will be able to buy up to 4,411,800 additional ordinary shares at the IPO price, less underwriting discounts, according to CHC. The company’s symbol on the New York Stock Exchange will be HELI.
AgustaWestland gained EASA approval for its new AW189 medium-twin helicopter on February 7. The company said that delivery of the first two AW189s in offshore configuration to Bristow Group is “imminent.”
More than 100 AW189s are on order. To date, Bristow has placed a firm order for 11 AW189s for use on a UK search-and-rescue contract and for offshore operations. Other large fleet customers include Gulf Helicopters and Era, with 15 orders each.
Malaysian operator Weststar Aviation Services yesterday ordered an additional 10 AgustaWestland AW139 intermediate twin helicopters. The company, which will use the aircraft to support offshore oil and gas industry activity, will increase its AW139 fleet to 34 once deliveries are complete.
The rarefied offshore energy market continues to be the prime driver for development of new civil helicopters, but the training and entry-level market is also heating up, with Bell and others announcing or hinting at new models. Various studies predict that worldwide civil helicopter production will double between now and 2020 in terms of overall sales value as OEMs focus on delivering larger and more expensive helicopters.
AgustaWestland received an order for 15 AW189s from Qatar-based Gulf Helicopters at the Dubai Airshow yesterday. The first two aircraft are slated for delivery next year and all aircraft should achieve operational readiness in 2017. Gulf Helicopters already operates AW139s. Mohamed Al Mohannadi, CEO of Gulf Helicopters, identified the longer range and “perfect size” of the AW189 as factors in the company’s choice.
AgustaWestland (Chalet P22) received an order for 15 of its new AW189 helicopters from Gulf Helicopters of Qatar here at the Dubai Airshow yesterday. The first two aircraft are due to be delivered in 2014 and all aircraft should achieve operational readiness in 2017.
“The Middle East remains a very important market for AgustaWestland,” said CEO Daniele Romiti on the eve of this year’s Dubai Airshow. “It is a challenging market, where personal relationships have a great importance,” he added.
Eurocopter used the Helitech show to highlight some recent contracts. First, the UK-based Avincis group announced a firm order for three EC225s. The first two aircraft will be delivered next month, with the third slated to arrive in next year’s second half.
Deliveries of civil turbine helicopters will recover slowly until they exceed their 2008 peak in 2018 and then reach a demand plateau, according to the Teal Group’s rotorcraft market forecast covering 2013 through 2022. The study predicts that 10,300 civil turbine helicopters worth $60.3 billion will enter service during that period.