Here Come the Helicopters

The civilian market for helicopters is growing as more and more companies are buying them to quickly shuttle employees between plant sites. In 1981, $700 million worth of helicopters will be delivered to civilian customers. This market is projected to grow 10% a year. Helicopter airlines are also sp...

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Bibliographic Details
Published in:Forbes 1981-10, Vol.128 (8), p.132
Main Authors: Wiegner, Kathleen K, Paris, Ellen
Format: Magazinearticle
Language:English
Subjects:
Aircraft
Aircraft industry
Commercial markets
Growth
Helicopters
Markets
Sales
Taxicabs
Online Access:Get full text
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Summary:The civilian market for helicopters is growing as more and more companies are buying them to quickly shuttle employees between plant sites. In 1981, $700 million worth of helicopters will be delivered to civilian customers. This market is projected to grow 10% a year. Helicopter airlines are also springing up and are often competitive with taxi service in price. US helicopter manufacturers are now producing more fuel-thrifty, quieter, and more efficient models to attract corporate executives. Bell Helicopter, a subsidiary of Textron, produces 6 commercial models, one of which, the 222, claims to be faster and more efficient than a small jet. Bell contributes $894 million in sales. The Sikorsky S-76 is marketed as an ''office in the sky'', and sells for $1.8 million each. Hughes Helicopter sells a smaller, cheaper plane aimed at companies that do not yet realize they need a helicopter.
ISSN:0015-6914
2609-1445