2016年亚太地区民用直升机发展报告_27页-5mb

Fleet Report Summary - Year End 2016

Core Content

The Asian Sky Group (ASG), based in Hong Kong, released the Year End 2016 Asia-Pacific Civil Helicopter Fleet Report, focusing on turbine helicopters only. This report provides an in-depth analysis of the civil helicopter market across the Asia-Pacific region, highlighting growth trends, key operators, OEMs, and mission segments. It also includes insights on the offshore and leasing markets, which have become increasingly significant in the region.

Main Points

Market Overview

• Total Fleet (Turbine Only): 3,924 helicopters at the end of 2016, representing a 4% increase from 2015.
• Growth Drivers: China was the region's main growth driver, adding 85 helicopters (21% y-o-y growth).
• Regional Distribution:
  • Australia had the largest number of helicopters (61% of the total fleet).
  • Japan was the largest market for Airbus and Leonardo.
  • China was the largest market for Sikorsky.
  • New Zealand had the largest fleet of MD helicopters.
• Replacement Cost: The "big four" OEMs (Airbus, Bell, Sikorsky, Leonardo) accounted for 90% of the total fleet by replacement cost.
• Mission Segments:
  • Multi-Mission: 54% of the fleet.
  • Corporate & Private: 12%.
  • Offshore: 9%.
  • SAR: 7%.
  • EMS: 5%.
• Offshore Segment:
  • Offshore helicopters numbered 342 at the end of 2016 (down from 357 in 2015).
  • Offshore helicopters made up 20.5% of the total fleet by replacement cost (down from 22.3% in 2015).
  • The H225 fleet was grounded in several countries, including Australia (13), Malaysia (9), China (14), and Vietnam (4).
  • Offshore activity was most affected by the oil price downturn, leading to a 4.2% decline in the number of offshore helicopters.

Country-Specific Highlights

• Greater China:

  • Experienced 20.5% growth y-o-y.
  • The Chinese government is promoting general aviation through relaxed regulations, infrastructure development, and investment in local production.
  • Over 20 new general aviation operators were established in mainland China.
  • The government continues to control SAR and EMS operations.

• Australia:

  • Grew by 2%, but the commodity downturn and currency exchange rates impacted growth.
  • Has the largest offshore helicopter fleet in the region with 75 units.
  • EMS market saw growth, with both private operators and government agencies acquiring more helicopters.

• India:

  • Grew by 1% y-o-y.
  • New policies from the Directorate General of Civil Aviation (DGAC) are expected to boost offshore operations.

• Indonesia:

  • Fleet remained unchanged in 2016.
  • Growth was limited by economic downturns and regulations on aircraft age.

• Japan:

  • Second-largest helicopter market in the region, with 2% growth.
  • Airbus and Leonardo dominated new deliveries.
  • Law enforcement was a major user of new aircraft.

• Malaysia:

  • Fleet slightly declined, due to offshore oil and gas operations (nearly 1/3 of the fleet).
  • Corporate and multi-mission segments also saw a decline.

• New Zealand:

  • Grew by 7%, with 37 out of 42 additions being for multi-mission use.
  • Has the largest MD helicopter fleet in the region.

• Papua New Guinea (PNG):

  • Fleet declined by 5%.
  • Helicopters are typically pre-owned, aging, and single-engine turbines.
  • Expected to grow with resource development and increased investment.

• Philippines:

  • Fleet grew by 2%.
  • Expected to expand in law enforcement, disaster relief, and charter services.

• South Korea:

  • Grew by 6%.
  • Firefighting is the largest market, with 60% of HeliKorea's activity in this segment.
  • EMS is a growing market, with 6 helicopters currently in operation and more expected.
  • Offshore oil and gas continues to decline.

Key Information

Leasing Market

• Dry Lease Model: Became more prominent, with over 170 helicopters dry-leased from third parties in 2016, valued at US $1.5 billion.
• Top Lessors: Milestone Aviation, Waypoint Leasing, ANZ, Airwork NZ, LCI, and Eagle Copters.
• Leased Fleet by Mission:
  • Offshore: 13% of the total leased fleet.
  • Multi-Mission: 54% of the total fleet.
  • SAR and EMS: Significant growth in these segments.
• Leased Fleet by Size Category:
  • Multi-Mission: Dominant in terms of fleet size.

Special Features

• Offshore Market:

  • The offshore segment was hit hard by the oil price downturn, leading to a 4.2% decline.
  • Operators are shifting to other utility roles like firefighting, cargo lifting, and passenger support.

• Operator Profile: HeliKorea

  • Founded in 1996, HeliKorea is the largest private helicopter operator in South Korea.
  • Operates 26 helicopters, including 6 Kamovs, 5 Bell 214s, 3 Leonardo AW169s, and 3 Sikorsky S-76C+ models.
  • Provides firefighting, EMS, offshore support, power line patrol, and aerial survey services.
  • Recently leased three Leonardo AW169s to support EMS operations.
  • Has partnered with global operators like Bristow Group and Woodside Energy in offshore exploration.

• Aircraft Spotlight: AW169 & AW189

  • These Leonardo models are in high demand for multi-mission and EMS roles.
  • They are used in various countries, including Australia, China, and South Korea.

Conclusion

The Asia-Pacific civil helicopter market faced challenges in 2016 due to economic and political uncertainties, commodity price downturns, and regulatory changes. However, multi-mission and EMS segments showed strong growth, and the leasing market emerged as a key player in the industry. Greater China remained the fastest-growing market, with the Chinese government actively supporting general aviation development. HeliKorea exemplifies the diversification and growth potential within the region, particularly in firefighting and EMS. ASG continues to provide valuable insights and data-driven reports to help stakeholders understand and navigate this dynamic market.