Steep commercial downturn and lack of new military programs threaten rotorcraft industry’s new-found health
Western helicopter makers are bracing for a turbulent decade that could significantly reshape the rotorcraft marketplace. Beyond the near-term decline in commercial business stemming from the global economic downturn, rotorcraft manufacturers also face a dearth of mid-term development programs and a long list of new competitors likely to emerge around 2020. “Consolidation scenarios are not unlikely,” says Lutz Bertling, CEO of industry leader Eurocopter. On top of that, the company’s ...
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