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Procurement Market Intelligence Report

Helicopter Charter Services
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Helicopter Charter Services?

What is the average price of Helicopter Charter Services?

This procurement report includes pricing information to help you purchase Helicopter Charter Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Helicopter Charter Services been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Helicopter Charter Services yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Helicopter Charter Services?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Helicopter Charter Services with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase ?

Market share concentration among helicopter charter services providers is low. About 1,650 carriers serve this market, and the top four carriers have a combined market share of less than 15.0%. In the past three years, the number of providers operating in the market has grown in line with the popularity... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Experience and Expertise

How long have you provided these products to your longest-tenured client?

What qualifications does your staff have and what measures do you take to keep those qualifications up to date?

What industry do you most commonly supply this product for?

To what extent will ordering multiple products from your firm allow me to save on costs?

What is your repeat business rate for businesses in my industry and how does that compare to your overall rates?

Supply Chain Risk

Over the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?

Has the availability of raw materials tightened due to the coronavirus outbreak?

Over the past three years, what percentage of your revenue has been dedicated to labor?

How have fluctuations in input prices affected the prices of your products during the past three years?

How do you mitigate sudden price increases in raw materials?

When input prices rise, how much of the cost is absorbed by you and how much is passed onto buyers?

How, if at all, has your supply chain been affected by import tariffs levied in 2018?

Regulation

How do you manage regulatory change? Do you have regulation advisers or methods to track regulation?

How have changing regulations influenced your pricing now and how will the changes affect prices over the life our proposed agreement?

What ongoing training procedures do you provide for your staff?

Have you ever been found to be noncompliant with regulatory frameworks?

Amid widespread health concerns during the COVID-19 pandemic, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?

Fleet & Maintenance

What types of aircraft are available from the carrier that fit my capacity and performance requirements?

Who maintains the carrier's aircraft?

How does the carrier deal with maintenance issues that arise while in flight?

What is the average age of the carrier's fleet?

Level of Service & Service Offerings

Does the carrier have measurable service standards in place?

What documentation can the carrier provide that shows its customer satisfaction rating?

If I experience any problems with service during my flight, to whom should I direct complaints?

What services beyond passenger transport does the carrier provide?

Are you experiencing fluctuations in demand as a result of the coronavirus pandemic? What measures are you taking to handle increased or reduced demand?

What new solutions have you introduced to address issues brought on by the coronavirus pandemic?

Safety & Security

Has the carrier been audited for safety recently, and can I review these reports?

How do the carrier's audits compare to those of competitors?

What is the carrier's safety record?

Is the carrier's safety program accredited by appropriate industry associations?

Does the carrier have special security procedures?

Amid widespread health concerns, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?

Insurance

What are the insurance limits for the different helicopters in the carrier's fleet?

What company issues the carrier's insurance policy?

Can I be provided with a certificate of insurance that confirms coverage for the helicopter I will fly aboard?

Will the carrier name a passenger or their company as an additional insured?

Experience

What are the credentials of the pilot that will operate my flight?

Does my pilot have significant experience flying in inclement weather or at night?

Does my pilot have significant experience flying, taking off and landing in difficult locations (e.g. mountains or business districts)?

What are the carrier's limits on pilot flight time?

How long has the carrier been in business as a charter flight operator?

Training

How many flight hours does my pilot have?

How often do the carrier's pilots receive training?

Is training conducted in a simulator or in a helicopter?

Does the carrier's training program exceed the FAA's minimum training requirements?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should specify the budget for their contract.

Buyers should indicate their preferred method of payment.

Buyers should reference the Benchmark Price section of this report to confirm that they are paying a competitive rate for services.

Selection Criteria

Buyers should give preference to vendors that are able to meet their budget requirements.

Buyers should consider the provider’s experience and ability to handle the volume of cargo necessary.

Buyers should give preference to vendors that are able to fly all of their required transportation routes.

Buyers should favor vendors that are willing to ensure them priority.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should state the due date for proposals and when contracts will be awarded.

Buyers should indicate the date by which they expect services must begin.

Buyers should state how long the contract for services is expected to last.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Supply chain risk in the helicopter charter services market has been moderate in the past three years. This level of supply chain risk indicates that providers may face some upstream disruptions that could prompt them to raise prices. As a result, a moderate level of supply chain risk reduces buyer... Subscribe to learn more.

HIGH

MEDIUM

LOW