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HELICOPTER DOWNTURN TO CONTINUE, BUT LONG-TERM GROWTH PREDICTED
Deliveries of turbine-powered civil helicopters declined 16 percent in 2009 and should continue to contract through 2011 as weak order intake, high inventories and tight credit conditions keep an industry recovery at bay, according to Honeywell Aerospace’s latest helicopter forecast. When adding in the military market, Rolls-Royce predicted more upside for long-term growth.