Helicopter backlog status review

For all the attention of helicopter customers.

Based on market feedback at Heli Expo 2019 and Paris 2019, we are conducting a thorough review of our order, option and LoI statuses for civil helicopters.

As many of you will be aware, the oil and gas industry has suffered a slowdown in recent years, and there’s evidence of operators entering Chapter 11,  and lessors/operators potentially merging. Due to the many changes in this sector, we have taken the opportunity to review the backlog numbers.

Due to this review, you will notice many older dated firm orders will now show as cancelled, and many options and LoIs will show as cancelled/lapsed.

This data review will be completed and available in product from Monday 1st July 2019.