AgustaWestland reveals 2009 results
AgustaWestland saw new orders for helicopters fall by nearly 40 % in 2009, the company's results have revealed.
The company, part of the larger Finmeccanica group, reported €3.2 billion worth of orders in 2009, a decrease of €1.87 billion on the €5.07 billion total in 2008. Overall revenue was up, however, by €445 million to €3.48 billion as a result of greater production volumes in the civil/government helicopters business, and in particular orders for the AW139 and the AW101.
Helicopters (new aircraft and upgrades) accounted for 50 % of new orders, product support (spare parts and services) for 42 %,
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