Brazil's helicopter market seen picking up in H2 after early 2023 slowdown

SAO PAULO, Aug 11 - Major helicopter manufacturers operating in Brazil expect a demand recovery in the second half of 2023 after a relatively slow first six months, but are unlikely to match the strong orders they registered last year.

Brazil is a major market for the sector, ranked number four in the world in 2019 by number of helicopters, according to Statista. "We believe that was a cyclical thing, as sometimes the market pauses to see what's happening and redirects. I think we had a break for some accommodation after that record year, and now the pace is getting back to normal."

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