Helitech 2015: Bell CEO Garrison positive despite global market dip
The worldwide helicopter market is facing a ‘challenging’ period as oil prices remain low and demand for new aircraft reduces, Bell Helicopter CEO John Garrison told Shephard.
‘We have seen a challenging commercial market place around the globe and industry orders and industry deliveries are off,’ he explained.
‘We have continued to have success… but unfortunately on a global basis the market is much smaller and so we have not seen the substantial growth that we have experienced in other years.’
Last year, the company said it had seen 37% growth in European helicopter sales over 2012 but that same
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