the greater china civil helicopter fleet report year

Transcription

the greater china civil helicopter fleet report year
The GREATER CHINA
CIVIL HELICOPTER
FLEET REPORT
Year End 2013
ABOUT ASIAN SKY GROUP
ASIAN SKY GROUP LIMITED is headquartered in Hong Kong with offices
throughout China. It has assembled the most experienced business
aviation team in the Asia-Pacific region to provide a wide range of
consulting services for both fixed-wing and rotary-wing aircraft.
Asian Sky Group provides access to a significant customer base
around the world with the help of its exclusive partners: Avpro Inc.,
the largest business jet brokerage firm in the US; and AVIC International
Development Corporation, the largest state-owned aviation enterprise
in mainland China.
Asian Sky Group is backed by SEACOR Holdings Inc., a publically listed
US company ( NYSE: “CKH” ) with over US$ 1B in revenue and nearly
US$ 3B in assets, and also by Avion Pacific Limited, a mainland
China-based general aviation service provider with 20 years of
experience and 6 offices and bases throughout the country.
Asian Sky Group provides its clients with the following aviation
consulting services:
1) AIRCRAFT SALES, such as acquisition or remarketing; selection of
aircraft, asset financing, structuring & registration and operator;
inspections and appraisals; contractual support;
2) COMPLETION MANAGEMENT, such as cabin definition; facility
selection; completion oversight; delivery and regulatory compliance;
contractual support;
3) OPERATION OVERSIGHT, such as invoice analysis and owner
representation;
4) VIP CHARTER SERVICES;
5) SPECIAL PROJECTS and
6) TRANSACTIONAL ADVISORY.
INTRODUCTION
ASIAN SKY GROUP (“ASG”) is proud to present the “Greater China Civil
Helicopter Fleet Report”. This report will provide complete coverage of
the civil helicopter market in the Greater China region, which includes
mainland China, Hong Kong, Macau and Taiwan. The report follows
ASG’s previously established “Greater China Business Jet Fleet Report”,
which was first published in March, 2013. For a copy of the “Greater
China Business Jet Fleet Report” and its first half 2013 update, please
visit us at www.asianskygroup.com.
TABLE OF CONTENTS
2
EXECUTIVE SUMMARY
4
KEY FINDINGS
6
CIVIL HELICOPTER MARKET IN GREATER CHINA
6
CHINA AIRSPACE REFORMS
DETAILED FLEET BREAKDOWN BY:
8
ORIGINAL EQUIPMENT MANUFACTURERS (OEM)
13
MISSION CATEGoRIES
19
OPERATORS
22
WEIGHT CLASSIFICATIONS
28
AGE DISTRIBUTION
34
THE NEAR FUTURE AND TRENDS
ASIAN SKY GROUP would like to graciously acknowledge the contributions made by
numerous operators, OEMs and organizations to this report, without which a reasonable
level of accuracy could not have been achieved. The report is nevertheless the first of
its type and undoubtedly there will be perceived errors. Asian Sky Group welcomes your
comments, questions and general thoughts and looks forward to producing an even
better second version of the report in the future.
Should you wish to reproduce or distribute any portion of this report, in part or in full,
you may do so by mentioning the source as: “Asian Sky Group, a Hong Kong based
business aviation consulting group”.
Thank you for your interest in this report and we hope you find the information useful.
If you would like to receive further information about our services, please contact us at
info@asianskygroup.com or visit us at www.asianskygroup.com.
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
1
EXECUTIVE SUMMARY
Over the past four years, the civil helicopter fleet in Greater China –
including law enforcement and government sponsored Search and
Rescue (SAR) operations but excluding military applications – has
doubled in size, growing at nearly 20% annually. As of year-end 2013,
the Greater China fleet numbered 465 Civil helicopters, with 424
based in Mainland China, 30 in Hong Kong and Macau, and 11 in
Taiwan. While growth in 2013 was consistent with previous years,
Asian Sky Group expects even stronger growth in 2014 and 2015,
as the civil helicopter industry in Greater China and its related
infrastructure continues to develop.
Heilongjiang
30
Xinjiang
6
Liaoning
Beijing
4
61
Tianjin
Hebei 18
9 Shandong
19
Inner Mongolia
3
1
Henan
26
Shaanxi
18
Sichuan
17
Hubei
19
4
Jiangsu
18
3
Hunan
7
2
2
Yunnan
10
5
Guangdong
96
Hainan
3
2
Shanghai
40
3
30
Hong Kong
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
Taiwan
11
Helicopter operations in Greater China have developed along mission
specific geographic lines. Large operators such as CITIC Offshore
Helicopter Corporation (COHC) and China Southern Helicopter
Corporation (CSHC) - both based in Guangdong province along the
South Eastern coast - primarily serve the offshore oil and gas industry
which has been experiencing high growth for the last several years, as
exploration in the South China Sea increases to match China’s growing
energy needs.
The northern city of Tianjin has also developed a significant helicopter
fleet to service the Bohai Bay oil producing fields, off of China’s North
East coast.
Cities such as Beijing, Shanghai and Hong Kong are home to law
enforcement and government flight departments, such as mainland
China’s Ministry of Transportation (MOT) and Hong Kong’s Government
Flying Service (GFS), both of which provide Search and Rescue (SAR)
and Emergency Medical Services (EMS).
Areas approved for low altitude civil aviation flights, such as
Heilongjiang province in the Northeast, are home to several general
aviation and flight training operators with a high number of helicopters
in their fleet. But with less than 30% of mainland China’s total area
currently approved for low altitude airspace usage, ASG expects recent
and upcoming reforms in China’s airspace regulations to lead to further
growth and development in the civil helicopter industry (See section
titled “CHINA AIRSPACE REFORMS”).
Changes in regulations should help lift the country’s aviation
industry and encourage growth, which in turn should encourage
more investment.Development of the general aviation industry is
also expected to enhance other related industries, including aircraft
manufacturing, maintenance, infrastructure and training.
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
3
KEY FINDINGS
The majority of Greater China’s helicopters operate in proximity to
large cities and along coastal areas, with Guangdong province on
the Southeast coast being an operating base for almost a quarter of
China’s helicopters.
The Original Equipment Manufacturer (OEM) market leader by number
of aircraft and by replacement value is Airbus Helicopters (formally
Eurocopter) with 121 helicopters in Greater China, representing 26% of
the market. Based on an estimated aircraft replacement cost analysis,
Airbus Helicopters make up nearly 40% of the market.
Bell Helicopters is gaining a stronger presence with a large number of
aircraft delivered during 2013, adding 32% to the Bell fleet in Greater
China.
The single engine Bell 407, Bell 206 and the Airbus Helicopter AS350
have become the most prevalent models in Greater China. The Bell 407
fleet doubled in 2013.
Sikorsky Helicopters continues to have a strong presence in the
offshore oil and gas sector and maintains its dominance in the heavy
and medium helicopter categories. Despite its 9% market share by
numbers, it represents 30% of the market by aircraft replacement value.
Of the four major OEMs, Sikorsky is the only one that does not have a
light or single engine product line and therefore is less represented in
total figures. Sikorsky’s market share is expected to rise due to firm
orders in 2013.
Of all helicopter mission categories in Greater China, offshore helicopter
operations grew by 32% during 2013, almost double the growth rate
of other mission categories. This growth can be attributed to China’s
growing investment in offshore oil and gas exploration in recent years
and its plans to further develop the offshore oil and gas industry.
The light single-engine helicopter segment has shown a growth rate
of nearly 30%. This is similar to trends in other regions in the world,
however medium helicopters are still expected to hold a dominant share
in the Greater China market.
The medium and heavy helicopter segments in Greater China represent
approximately 30% of the market by numbers but over 80% by aircraft
replacement value.
There are 159 piston engine helicopters in Greater China, representing
34% of the market by numbers but only 2% by replacement value.
4
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
5
CIVIL HELICOPTER MARKET IN GREATER CHINA
In line with a surging Chinese economy in recent years, China’s general
aviation market is also expected to take off, with many predicting it could
become one of the world’s largest markets.
As noted in previous market studies and by the media, there have
historically been several key impediments to the growth of general aviation
in Greater China. These factors include air space restrictions, a lack of
supporting infrastructure, a lack of available civilian helicopter pilots and
technicians, and the difficulty in qualifying for an Air Operators Certificate
(AOC) due to strict regulatory requirements. Tax and other regulatory
issues, including the differences between state-owned and independent
operators, have also contributed to the slower development of the industry.
Despite China’s land mass and population, high GDP growth and a
large industrial sector, it has traditionally been more difficult to set up
private general aviation companies, corporate flight departments or other
dedicated helicopter operations as one would find in places such as the
United States, Canada, Brazil and parts of Europe.
As a result, the civil helicopter industry in Greater China has developed
primarily according to mission requirements and the operator’s role within
the state sector.
It should be noted that unlike the corporate jet market, which developed
from the personal transport needs of China’s growing ranks of high net
worth individuals and successful publically listed companies, most of the
growth and development in China’s civil helicopter fleet has come from
more traditional rotary operation mission profiles and industry needs, such
as offshore oil and gas, emergency medical services, search and rescue,
law enforcement, and other industrial applications, which are dominated
by either partially or wholly state-owned enterprises and government
departments.
CHINA AIRSPACE REFORMS
In the past year, two significant announcements were made by the Civil
Aviation Administration of China (CAAC) and the People Liberation Army
(PLA) regarding general aviation flights in Mainland China:
1) Opening of low altitude airspace in specific regions in China with the
intention to open most of China’s low altitude airspace for civil flights
during 2015; 2) New regulations regarding the planning and approval
process of general aviation flights, with military approval no longer required
for the majority of these flights.
Other sectors that will enjoy a significant easing of regulations are flights
performing maritime search and rescue operations, offshore oil and gas
security or those that patrol the sea.
Additionally, the CAAC loosened licensing requirements for private pilots
with the new private pilot licensing (PPL) conforming to FAA requirements
for private certificates. This will make private licenses achievable to a wider
range of applicants.
Helicopter operations are expected to benefit significantly from these latest
airspace reforms.
6
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
Fleet Breakdown Summary by OEM & Mission
465 in Total
120
100
80
60
40
20
74
3
4
5
4
13
2
227
74
25
41
42
28
24
4
465
1
3
1
1
22
Kamov
MD
17
Total
1
3
10
5
9
4
Brantly
121
10
12
5
9
4
102
27
10
Enstrom
28
Harbin
51
4
Mil
Schweizer
62
Agusta
Westland
Bell
46
34
15
12
3
8
3
Sikorsky
Robinson
Multi Mission
Offshore Operations
SAR / EMS
Law Enforcement
Flight Training
Charter / Other
Corporate / Private
Flight Club
Total
Airbus
Helicopters
0
1
1
5
2
4
52
41
1
31
17
10
7
6
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
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2
7
FLEET BREAKDOWN BY OEM
Fleet Breakdown by OEM (Number of Aircraft)
465 in Total
Schweizer 52
11%
Sikorsky 41
9%
Robinson 102
22%
Airbus Helicopters 121
26%
MD 6
1%
Bell 74
16%
Other 11
2%
Harbin 10
2%
AgustaWestland 31
7%
Mil 17
4%
Fleet Breakdown by OEM (Number of Aircraft - Turbine Only)
306 in Total
Harbin 10
3%
Mil 17
6%
MD 6
2%
Other 6
2%
Sikorsky 41
13%
AgustaWestland 31
10%
Bell 74
24%
8
Airbus Helicopters 121
40%
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
Fleet Breakdown by OEM (Replacement Cost*)
465 in Total
Other
1%
MD
1%
Robinson
1%
Harbin
4%
Schweizer
1%
Mil
9%
AgustaWestland
10%
Sikorsky
28%
Bell
9%
Airbus Helicopters
36%
Fleet Breakdown by OEM (Replacement Cost - Turbine Only)
306 in Total
Harbin
4%
MD
1%
Mil
10%
Sikorsky
28%
AgustaWestland
10%
Bell
9%
Airbus Helicopters
37%
* Replacement cost analysis as used in this report should be considered as a tool to help determine the overall dollar value of the
Greater China Civil Helicopter fleet. Replacement costs are based on 2013 OEM list prices for new aircraft of equivalent model and
mission configuration. In some cases an estimate was used, particularly with regard to aircraft models no longer in production.
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
9
Fleet Breakdown by OEM & Model (Turbine only)
306 in Total
24
23
14
13
12
12
11
8
6
5
Sikorsky (41)
Bell (74)
SW4
A109
AW139
Bell407
Bell206L4
Bell429
1
Bell212
S - 76D
S - 76C++
S - 76C+
S - 76C
S - 76B
S - 76A++
S - 76A
S - 92A
1
10
3
2
Bell206B3
2
Bell427
2
3
A119
4
AgustaWestland (31)
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
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19
15
13
10
8
8
8
7
6
6
4
3
3
Airbus Helicopters (121)
Mil (17)
McDonnell Douglas (6)
Harbin (10)
Schweizer (1)
Kamov (2)
480B
KA - 32
S - 333
Z9A
Z11
1
MD902
MD600
Mi - 26
Mi - 8
Mi - 171
BK - 117A
1 1 1
BK - 117B
AS350B3
AS350B2
EC130
EC120
BO-105
EC135
EC155B1
SA315B
EC155B
3
2
1
AS365N3
AS355NP
AS332L2
EC225LP
3
2
1
AS332L1
3
MD520
2
3
MD500
3
Enstrom (3)
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
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12
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
FLEET BREAKDOWN BY MISSION CATEGORIES
Fleet Breakdown by Mission (Number of Aircraft)
465 in Total
SAR / EMS 25
5%
Corporate / Private 24
5%
Flight Club 4
1%
Charter / Other 28
6%
Law Enforcement 41
9%
Multi Mission 227
49%
Flight Training 42
9%
Offshore Operations 74
16%
Fleet Breakdown by Mission (Replacement Cost)
Corporate / Private 13
4%
SAR / EMS
15%
Multi Mission
26%
Charter / Other
5%
Law Enforcement
9%
Flight Training
2%
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
Offshore Operations
39%
13
Fleet Breakdown by Mission (Number of Aircraft - Turbine Only)
306 in Total
Corporate / Private 13
4%
SAR / EMS 25
8%
Multi Mission 133
43%
Charter / Other 23
8%
Law Enforcement 30
10%
Offshore Operations 74
24%
Flight Training 8
3%
Fleet Breakdown by Mission (Replacement Cost - Turbine Only)
Corporate / Private
4%
SAR / EMS
15%
Multi Mission
26%
Charter / Other
5%
Law Enforcement
9%
Flight Training
1%
14
Offshore Operations
40%
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
OVERVIEW OF MISSION CATEGORIES
1. Multi Mission - Subcategories
In this report, the largest mission category is broadly defined as
Multi Mission, also referred to as “General Aviation” in the industry.
This includes a number of subcategories:
·Onshore Oil & Gas (distinct from Cat-A offshore operations)
·Forestry (surveying, logging and protection)
·Fire Fighting
·Aerial Photography
·Aerial Tours
·Agriculture and Pest Control
·Power Line Repair and Survey
·News Gathering
Most helicopters in this category are active in more than one mission and can be configured to perform various tasks.
Multi Mission Fleet Breakdown by Subcategories
(Estimated Distribution)
227 in Total
Forestry
7%
Onshore Oil & Gas
11%
Power Line
15%
News Gathering
2%
Agriculture
19%
Aerial Tours
19%
Aerial Photography
17%
Fire Fighting
10%
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
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The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
2. Offshore Operations
Oil and gas consumption has soared in China amid the
country’s rapid economic growth. Chinese and western oil
and gas companies are therefore investing in offshore
exploration and production (E&P). Currently over 15% of
overall Chinese oil production comes from shallow offshore
reserves, a large contributor to China’s oil production growth.
However, shallow offshore reserves are drying out, forcing
exploration to move into deeper waters.
Offshore E&P activities are focused on three main areas:
·The Bohai Bay region, off the northern coast of China;
·The East China Sea, off the coast of Zhejiang province;
·The South China Sea, particularly the Pearl River Mouth
Basin, off the coast of Guangdong province.
Oil field operations in Bohai Bay and the East China Sea are
currently at a distance of 150 to 200 kilometers from the
coast. In the South China Sea, the large oil fields lie further
out, at a distances of up to 350 kilometers from the
Guangdong coast.
Helicopter flights over open water are a specialized form of
aviation that requires specific equipment, training and
procedures. As exploration moves farther offshore, the
challenges posed by weather, distance and other factors
require helicopters suitable for such operations.
Asian Sky Group expects the growth in offshore exploration to
lead to an increase in the demand for helicopters capable of
performing these missions such as the Sikorsky S-92 and the
Airbus Helicopter EC225.
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
17
3. SAR / EMS
Search and Rescue (SAR) and Emergency Medical Services (EMS) are
placed in the same category since in most cases such missions are
carried out by helicopters with the same configuration and are
intended for both missions. Most SAR and EMS missions in Greater
China are performed by government entities such as the Rescue and
Salvage Bureau of the Ministry of Transport (MOT) in Mainland China,
the Government Flying Services (GFS) in Hong Kong and the Taiwan
Provincial Government.
Helicopter SAR is a unique service, performed in the most challenging
circumstances undertaking missions in extreme conditions and therefore requires specialized training and specific aircraft configurations.
4. Law Enforcement
Helicopters used for law enforcement in China are primarily operated
by both local municipalities and large cities and are used to perform
traditional law enforcement operations. It is worth noting that U.S.
export restrictions prevent some North American OEMs from entering
this market in Mainland China, which has led to AgustaWestland and
Airbus Helicopters taking a more dominant role in this sector.
5. Flight Training
There are 12 operators providing flight training in China and not too
surprisingly piston helicopters are the most widely used training
platform with these operators. China is still short of helicopter pilots
to match its needs but is taking action in order to establish more flight
schools and training centers.
6. Corporate / Private
The corporate and private category grew at 26% in 2013. This sector
is still small and not yet significant by numbers, but demand for such
helicopters is expected to grow together with the general aviation
reforms taking place in China.
7. Charter / Other
The Charter / Other category includes operators that are flying as
charter service providers and will also be active in other General
Aviation activities. As the commercial helicopter industry is still in its
infancy and developing in China, many operators are performing other
missions in addition to the charter services they provide.
8. Flight Clubs
Recreational helicopter flying is currently very limited in Greater China.
As the number of pilots holding a Private Pilot Licence (PPL) is low,
such flight clubs have not been in demand. Recent reforms in the
PPL acquisition procedures may lead to more individuals able to
acquire civil helicopter licences and thereby drive future growth in
this category.
18
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
FLEET BREAKDOWN BY OPERATORS
There are 110 operators and owners in Greater China, with 99 of them
in Mainland China. The 10 largest operators (shown in the chart below)
make up over 40% of the total number of helicopters in Greater China.
Their combined fleets make up nearly 70% of the total Mainland China
fleet by replacement value.
Key among these figures is that three of the ten are Cat-A offshore oil
and gas operators (COHC, CSHC, and EGAC), and two, Ministry of
Transport (MOT) and Government Flying Services HK (GFS), are
governmental department tasked with carrying out Search & Rescue
(SAR) operations. This is a similar profile to what one might expect in
developed countries, where large public helicopter companies are
typically involved in offshore oil and gas and SAR operations.
Top 10 Operators Fleet Breakdown by OEM
193 in Total
45
35
25
15
Mil
Kamov
Total
MOT
Anyang
GFS HK
Total
5
EGAC
5
13
Guangzhou
Suilian
State Grid
Co
10
CSHC
35
Kingwing
Airbus Helicopters
Bell
Sikorsky
AgustaWestland
Schweizer
Robinson
Harbin
Flying
Dragon
0
COHC
5
2
9
2
4
9
5
3
2
7
69
20
4
4
1
44
2
9
2
11
33
37
7
8
1
6
17
17
6
3
7
5
5
1
29
20
18
18
18
15
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
13
11
7
193
19
COHC
Flying Dragon
CSHC
State Grid
Suilian Helicopter
Kingwing
EGAC
Private
MOT
Anyang
Tongcheng
Reignwood
Beijing Capital GA
Shanghai Heli
Yuling Baltic
Heliservices HK
Yunnan GAC
HK GFS
Huayu GAC
Guanchen GA
Xilin Fengteng
Sky Shuttle HK
Tangshan Lianwang
Zhongshan Eagle
Beijing Police
Wuhan Helicopter
Civil Aviation Uni
Emerald Pacific Air
HK Aviation Club
Qingdao Helicopter
Shanghai Police
Shandong Qixiang
Wuhuan GA
NUAA Flying Academy
Shaanxi Police
Tianyi GA
Jinyan GAC
Guangdong Police
Ordos Police
Tianhang GA
Skyway
Kaiyuan
Sichuan Tuofeng
Universal Unicom
Yinyan
Zhengzhou Police
Beite GA
Chongqing GAC
Hunan Hengyang
Nanjing Police
Fleet Breakdown by All Operators
110 Operators, 465 Aircraft in Total
45
40
35
30
25
20
15
10
5
0
20
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
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Sunrise Airlines
Daily Air
Wuhan Police
Huaxi Group
Kings Aviation
Ding Hong
Tianju GAC
Maritime Safety
Xian Helicopters
Nanjing GAC
Zhejiang Police
Yalong GAC
Nanning police
Taiwan Government
Beijing Star
Civil Flight Academy
Xianglong GAC
Hai Xiang GAC
Jingcheng Group
Yanan Police
SHEGAE
King Jet
Dalian Police
Tian Xin GAC
Huaxin GAC
Boyee
Dunhuang Aviation
GAC
Dezhou Wanli
Xinmei
Zhongyuan GAC
Tian Rui Group
Zhongfei
First Helicopter
Feitian
Zhongou GAC
Dayou
Xiang Huan
Shenzhen Police
Hefei Police
AP Winbond
Union Rise Asia
Sanxing GA
Kunming Police
Beijing Tianye
Sanmenxia Police
Broad
Henan GAC
Harbin Police
Fanya GA
Zhonghen Flight Club
Taiwan Police
Fujian Changtai
Guangdong GAC
Hunan Nine GAC
HNA Academy
Chongqing Police
Helicopter Link
FLEET BREAKDOWN BY WEIGHT CLASSIFICATIONS*
Weight Classification Breakdown - Top Five OEM
284 in Total
120
100
80
60
40
20
0
Medium
Light Twin
Single
Total
33
17
50
121
14
1
59
74
Sikorsky AgustaWestland
8
33
14
11
6
31
41
Mil
Total
Bell
Heavy
Airbus
Helicopters
21
17
46
17
94
29
115
284
*Helicopter Weight Classification Models
Heavy
Medium
Light Twin
Single
Piston
S92A
S76
A109
A119
R44
EC225LP
Bell429
Bell427
AS350
R22
AS332L1
Bell212
EC135
SA315B
269C-1
AS332L2
AW139
MD902
Bell407
269C
Mi-26
AS365N
BO-105
Bell206
B-2B
Mi-8
AS355N
EC130
EN280FX
Mi-171
EC155
EC120
Ka32
MD600
Z9A
MD500
BK117
MD520
Z-11
EN480B
S-333
SW-4
22
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
Fleet Weight Classification Breakdown (Number of Aircraft)
465 in Total
Heavy 46
10%
Piston 159
34%
Medium 103
22%
Light Twin 32
7%
Single 125
27%
Fleet Weight Classification Breakdown (Replacement Cost)
Single 12%
Piston 2%
Light Twin 7%
Heavy 35%
Medium 44%
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
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The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
Heavy Weight Classification Breakdown by Mission
(Number of Aircraft)
46 in Total
Law Enforcement 1
2%
Corporate / Private 1
2%
SAR / EMS 8
18%
Multi Mission 17
37%
Offshore Operations 19
41%
Medium Weight Classification Breakdown by Mission
(Number of Aircraft)
103 in Total
Charter / Other 10
10%
Corporate / Private 3
3%
Law Enforcement 12
12%
Multi Mission 18
17%
SAR / EMS 17
16%
Offshore Operations 43
42%
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
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Light Twin Weight Classification Breakdown by Mission
(Number of Aircraft)
32 in Total
Flight Training 3
9%
Corporate / Private 2
6%
Multi Mission 7
22%
Charter / Other 3
9%
Offshore Operations 5
16%
Law Enforcement 12
38%
Single Weight Classification Breakdown by Mission
(Number of Aircraft)
125 in Total
Corporate / Private 7
6%
Flight Training 5
4%
Charter / Other 10
8%
Multi Mission 91
73%
Law Enforcement 5
4%
Offshore Operations 7
5%
26
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
Piston Weight Classification Breakdown by Mission
(Number of Aircraft)
159 in Total
Corporate / Private 11
7%
Flight Club 4
3%
Multi Mission 94
59%
Flight Training 34
21%
Charter / Other 5
3%
Law Enforcement 11
7%
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
27
FLEET BREAKDOWN BY AGE DISTRIBUTION*
Total Fleet Age Distribution
465 in Total
90
80
70
60
50
40
30
20
10
2013
2012
2010
2008
2006
2004
2002
2000
1998
1996
1994
1992
1990
1987
1984
1982
1980
1976
1974
1970
0
Multi Mission Fleet Breakdown by Age Distribution
227 in Total
50
45
40
35
30
25
20
15
10
5
2013
2012
2010
2008
2006
2004
2002
2000
1998
1996
1994
1992
1990
1987
1984
1982
1980
1976
1974
1970
0
*Age based on year of manufacture
28
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
Flight Training Fleet Breakdown by Age Distribution
42 in Total
8
7
6
5
4
3
2
1
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
0
Offshore Operations Fleet Breakdown by Age Distribution
74 in Total
16
14
12
10
8
6
4
2
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
2013
2011
2009
2007
2005
2003
2001
1999
1997
1995
1993
1991
1985
1983
1981
1979
0
29
30
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
1987
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
EMS / SAR Fleet Breakdown by Age Distribution
25 in Total
6
5
4
3
2
1
0
Law Enforcement Fleet Breakdown by Age Distribution
41 in Total
12
10
8
6
4
2
0
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
31
Charter / Other Fleet Breakdown by Age Distribution
28 in Total
10
9
8
7
6
5
4
3
2
1
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
0
Corporate / Private Fleet Breakdown by Age Distribution
24 in Total
6
5
4
3
2
1
32
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
0
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
THE NEAR FUTURE AND TRENDS
The civil helicopter industry in Greater China has been growing steadily
over the past several years with 2013 achieving a 20% growth rate in
terms of the number of helicopters added to the Greater China fleet.
Asian Sky Group expects 2014 and 2015 to show high levels of growth
as operational barriers are gradually removed, the opening of airspace
for civil aviation is accelerated, and as the significant investment in
infrastructure begins to pay dividends.
ASG’s projection for 2014 is based on actual orders placed, helicopters
pending delivery to operators in Greater China, and expected order
placements.
ASG expects the Greater China market to maintain a 20% growth rate
and add 90-100 helicopters during 2014. The total fleet is expected to
reach 560 civil helicopters by the end of the year 2014.
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
33
Greater China Total Fleet 2009-2014 – By Numbers
560
600
465
500
383
400
300
323
269
227
200
100
0
2010
2009
2011
2012
2013
2014
Greater China Total Fleet 2009-2014 – By Growth Rate
18%
2009
34
19%
2010
20%
2011
21%
20%
2013
2014
19%
2012
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
Fleet Growth by OEM 2012-2013
2012
2013
Growth
140
120
100
99
35%
32%
121
30%
25%
22%
74
80
15%
56
60
38 41
40
8%
15%
10%
2731
20
20%
5%
0%
0
Airbus
Helicopters
Sikorsky
Bell
AgustaWestland
Fleet Growth by Mission 2012-2013
2012
2013
Growth
250
32%
227
22%
150
50
30%
26%
186
200
100
35%
25%
14%
74
56
2225
0
17% 20%
15%
14%
1924
3742
39 41 5%
10%
24 28
5%
SA
RCo
EM
rp
S
or
at
e
/P
riv
at
e
Fl
igh
tT
ra
in
La
in
w
g
En
fo
rc
em
en
Ch
t
ar
te
r/
Ot
he
r
Of
fs
ho
re
Op
er
at
io
ns
M
ut
iM
iss
io
n
0%
Fleet Growth by Weight Classification 2012-2013
2012
2013
Growth
180
160
140
120
100
80
60
40
20
0
29%
125
15%
103 20%
86
4046
97
159
132
20%
14%
35%
30%
25%
20%
15%
10%
28 32
5%
0%
Heavy
Medium
Light Twin
Single
The GREATER CHINA CIVIL HELICOPTER FLEET REPORT - YEAR END 2013
Piston
35
The information contained in this report is provided free of charge for references only. ASG is not
responsible for, and expressly disclaims any and all liability for damages of any kind, either direct or
indirect, arising out of use, reference to, or reliance on any information contained within this report.
While such information was compiled using the best available data as of December 2013,
ASG makes no warranties, either expressed or implied, concerning the accuracy, completeness,
reliability, or suitability of such information.
ASIAN SKY GROUP
STRATEGIC PARTNER
Suite 3905, Far East Finance Centre,
16 Harcourt Road
Admiralty, Hong Kong
Telephone +852 2235 9222
Facsimile +852 2528 2766
www.asianskygroup.com