Airbus Helicopters expects China to become biggest market by 2020
By Fang Yan and Matthew Miller
BEIJING (Reuters) - Airbus Helicopters, the world's largest civil helicopter maker, expects China and Hong Kong to become its biggest global market within six years as Beijing starts to lift restrictions on the use of low altitude airspace from 2015.
The Airbus Group NV's (AIR.PA: Quote) helicopter division expects to increase its annual sales in China to 150 units by 2020 from around 30-40 helicopters now, its China president Norbert Ducrot told Reuters.
Sales in the United States, the firm's biggest market, average around 120-150 aircraft per year.
"The China market is very small with a big potential," Ducrot said in an interview in Beijing. "I am pretty sure around 2020, China will be the first market for Airbus Helicopters."
"Before (our customers) were mostly state companies, police and fire fighting, but now we can see the emergence of civil private helicopter operators," he added.
China simplified flight approval procedures for private aircraft late last year, but the fledgling market for helicopters and small aircraft has been constrained by the military's control of low altitude airspace.
A dearth of small airports, maintenance facilities, mechanics and pilots have also hampered the sector's growth.
Ducrot said he expects demand for helicopters and small aircraft to pick up gradually when China starts to open up its low altitude airspace next year. Continued...