30-Jan-2017 Source: HeliHub.com
Analysis of Bell’s delivery data from the quarterly financial statements of parent company Textron show a marked 35% drop in commercial helicopter deliveries in 2016 with 114 units compared to 175 in 2015. It is important to look at a further level of detail in these numbers, as Bell clearly make a wide range of price points, and when the 505 line is at full capacity it will likely make the airframe production figures look very rosy.
Textron do not split their “commercial deliveries” figure out by model, but data provided by Bell to trade association GAMA does, and their numbers for the first nine months to the end of September showed the following
The drop in commercial deliveries deliveries can be seen as being across the product range. With the nine month totals of 79 in 2016 and 119 in 2015 very much in line with the annual figure for commercial deliveries, it’s clear that the trend of the first nine months is very likely to be repeated with the detailed Q4 data available in about four weeks from now.
For completeness of the picture at Bell, military numbers show V-22 Osprey deliveries down from 24 to 22 units, and H-1s bucking the trend up from 24 to 35.
Jeremy Parkin – HeliHub.com