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A strategic agreement for the future
Leonardo, a leader in the defense and aviation sector, has recently signed a framework agreement with GDHF for the supply of 10 AW189 helicopters. This agreement represents a significant step towards expanding support operations in the offshore energy sector, with deliveries scheduled between 2027 and 2029. The AW189s are known for their versatility and operational capability, making them ideal for transportation needs in harsh
environments.
Growth prospects in the energy market
The air support market for the energy industry is expected to grow significantly over the next five years. This growth will be fueled by new development sectors, including support for wind farms and Search and Rescue (SAR) operations at sea. With around 500 helicopters currently in service for offshore transport, Leonardo is positioned as the leading company in this segment, offering innovative and reliable solutions for market needs
.
AW189 performance in the offshore sector
Currently, more than 90 AW189s have been delivered to operators around the world, with around 50 of them being used specifically for offshore transportation. These helicopters have accumulated more than 155 thousand flight hours in this segment, demonstrating their robustness and reliability. The ability to operate under adverse conditions and the advanced technology integrated into the AW189 make them a preferred choice for companies operating in the energy
sector.
Impact on the market and on stocks
Leonardo’s recent deal has attracted the attention of investors, especially in a volatile market environment. The, Piazza Affari closed down 0.2% on the day of the US elections, highlighting global economic uncertainty. Despite this, Leonardo’s stock performance could benefit from this agreement, as the market for helicopters for energy support continues to expand. However, the performance of companies like Ferrari, which saw a decline after the quarterly report, shows that the market is influenced by multiple factors
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