Eurocopter UK to grow four-fold by 2013

By: Thierry Dubois

Farnborough Air Show >> July 2008
Aircraft, Aerospace Industry

Eurocopter CEO Lutz Bertling issued a prediction here this week that Eurocopter’s market share in 2008 will stay above 50 percent. “The only market that is suffering a bit is the corporate/VIP one in the U.S.,” he said. The company expects turnover to grow by 6 to 8 percent over last year’s e4.17 billion ($6.5 billion). It expects the number of deliveries to approach 550. Bertling also said the company’s expected 2008 sales of 650 to 700 helicopters will rank second only to its 2007 showing.

He also revealed plans for the firm’s local subsidiary, Eurocopter UK, to achieve revenues of £200 million ($400 million) by 2013, four times the turnover in 2007.
Offshore oil transport and military business are seen as the major growth areas for Eurocopter UK. For offshore operations support, Eurocopter has announced the installation of an EC 225 flight training device in Aberdeen. On the defense side, it holds out great hope for a Puma upgrade contract. “We also expect to be on the MoD’s SAR-H program’s shortlist,” Bertling added. 
 
EC175 to fly 4Q09
Bertling also announced that the Eurocopter EC175 seven-metric-ton twin helicopter is scheduled to make its first flight in the fourth quarter of next year. This is the first time this schedule has been stated with such precision, the target date having so far been loosely referred to as “2009.” The EC175 is a 50-50 joint program with Chinese-based Harbin Aircraft.

Back

Dassault Results Reveal NetJets Delays, Cancellations Thursday 19. of November 2009 Disclosing its financial results for the first three quarters of the year, Dassault on November 12 indicated that the backlog for Falcon... [more]
News Clips from Dubai 2009 Tuesday 17. of November 2009 Emirates Charter Intros Exotic Travel PackagesEmpire Aviation Group (EAG) has announced plans for “Lifestyle@Empire,” an extension to the... [more]
Next stop for exhibitors: Singapore Airshow Tuesday 17. of November 2009 Next stop for many Dubai exhibitors will be the Singapore Airshow, which is now less than three months away–Feb. 2 to 7, 2010. About 90 percent... [more]
RAeS on a mission for more members Monday 16. of November 2009 The Royal Aeronautical Society is on a recruitment drive at the Dubai Airshow (Stand W144) looking to build on a membership base that already... [more]
News Clips from Dubai 2009 Monday 16. of November 2009 Mubadala Breaks Ground on Airbus DealThe first two contracts following the November 2008 master-supply agreement between EADS and Mubadala... [more]