Helicopter charter refers to the rental or hiring of a helicopter for a specific period of time or for a specific purpose, such as transportation, aerial surveying, sightseeing, or photography. Unlike commercial airlines, which operate on set schedules and routes, helicopter charter companies offer customized and on-demand services that can be tailored to the needs of individual customers. Helicopter charter services are often used by businesses, governments, and individuals who require fast and flexible transportation options for a variety of purposes.
Global Helicopter Charter Market Driving Factors and Challenges
The global helicopter charter market is driven by several factors that include flexibility and speed, remote access, customized services, and luxury travel. Helicopter charter services offer a fast and flexible alternative to traditional transportation options, which is particularly important for time-sensitive industries such as emergency medical services, oil and gas exploration, and business travel. Additionally, helicopters can access remote or hard-to-reach locations that are inaccessible by other means of transportation, making them ideal for industries such as mining, construction, and offshore oil and gas exploration.
However, the global helicopter charter market also faces several challenges, including high operating costs, weather conditions, noise pollution, safety and regulatory compliance, and limited range. The cost of operating and maintaining a fleet of helicopters can be significant, resulting in high prices for customers. Additionally, helicopters are more sensitive to weather conditions than other forms of transportation, and flights can be delayed or cancelled due to adverse weather. Helicopters can also create significant noise pollution, which can be a source of complaints from residents living near heliports.
Impact of COVID-19 on Global Helicopter Charter Market
The COVID-19 pandemic has had a significant impact on the global helicopter charter market, with both positive and negative effects. On the negative side, the pandemic led to a decrease in demand for helicopter charter services due to travel restrictions, quarantine measures, and reduced business activity. This led to a decrease in revenue for helicopter charter companies and forced many operators to scale back their operations or even close down permanently. On the positive side, the pandemic has also led to increased demand for certain types of helicopter charter services. For example, there was a surge in demand for emergency medical transport, as hospitals and healthcare facilities scrambled to transport COVID-19 patients to hospitals with available beds and resources.
Helicopter Charter Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; AB Corporate Aviation, Abu Dhabi Aviation International, Aero Asahi Corporation , Air Charter Service, Air Greenland A/S, Alpine Helicopters Inc, Air Methods Corporation, Apollo Air Services Limited, Babcock International, Bristow Helicopters Limited, Carson Helicopters Inc., Charter-A Ltd, Ericson Incorporated, Global Helicopter Service GmbH, Globe Air AG, Gulf Helicopters, Heli Air Limited, Hunt & Palmer, PHI Group, Inc, Sloane Helicopters.
Global Helicopter Charter Market Segmentation:
By Service: Based on the Service, Global He licopter Charter Market is segmented as; Air Ambulance, Disaster and Humanitarian Relief, Transportation of VIP and Passengers, Aerial Surveying, Film Shooting, Off Shore, Business/ Corporation Travel, Leisure Charter, Transport (Crane, Cargo), Search and Rescue, Fire Fighting, Transportation of Heavy Equipment.
By Engine Type: Based on the Engine Type, Global Helicopter Charter Market is segmented as; Single Engine, Twin Engine.
By Charter Type: Based on the Charter Type, Global Helicopter Charter Market is segmented as; Private Charter, Business Charter.
By Type: Based on the Type, Global Helicopter Charter Market is segmented as; Light Weight, Medium Weight, Heavy Weight.
By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.