Oil and gas saga hits Airbus orders
The flatlining oil price continues to depress the helicopter market, Airbus Helicopters reporting a mere two orders for its H225 heavy-lift aircraft in 2015, a fall from 32 in 2014.
With the price of oil at around $30 a barrel on 25 January, the oil and gas sector continues to take cost-reduction measures, which was reflected in Airbus Helicopters' results this year despite President Guillaume Faury predicting 2015 to be a year of stabilisation in the rotorcraft industry the previous year.
Total orders from the company fell with 383 bookings in 2015, compared with 402 in 2014. The decline marginally
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