LE BOURGET--Airbus Helicopters is keeping an eye on United
Technologies Corp.'s plan to unload helicopter makerSikorsky
Aircraft, President Guillaume Faury said on Tuesday though he
wouldn't commit to making a bid for the business.
UTC said on Monday it would sell or spin off Sikorsky, the maker
of Black Hawk helicopters and a major U.S. defense contractor,
within 60 days.
"We are in a fast changing environment," Mr. Faury said as he
called the Sikorsky development "important in our industry." Airbus
Helicopters is a wholly owned unit of Airbus Group SE, best known
as a maker of passenger jets.
UTC's decision to ditch Sikorsky comes as business demand for
helicopters is under pressure as falling energy prices have led to
cost cutting in the oil and gas sector. "The market is a difficult
market as we speak," said Mr. Faury.
Airbus isn't the only company possibly interested in Sikorsky.
UTC's review of the business has also triggered interest from
Boeing Co., Lockheed Martin Corp. and Textron Inc., according to
people familiar with the situation.
Meanwhile, Airbus Helicopters has other new projects on the
go.
Mr. Faury said the European helicopter maker is embarking on a
two years study for a new heavy-lift helicopter that would emerge
next decade. "We want to continue to drive the change in the
industry, we will continue to innovate," he said.
The new rotorcraft would principally target the oil and gas
market and search-and-rescue missions, he said. The rotorcraft will
feature a fly-by-wire system to ease piloting and offer greater
range and more fuel efficiency than the H225 now in service..
"The business case is something we will be addressing in detail
during the concept phase," Mr. Faury said. Detailed specifications
also are only now being developed.
Airbus on Saturday flew for the first time its H160 medium-lift
helicopter once called the X4.
Write to Robert Wall at robert.wall@wsj.com
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