Helibras or Helicópteros do Brasil S.A. (Helicopters of Brazil, Inc.) is a Brazil-based helicopter manufacturer which is a wholly owned subsidiary of Airbus Helicopters, a division of Airbus Group. Helibras leads the Brazilian market of the turbine helicopters in operation, with 54% stake in the civilian market, emphasis on the segment government whose participation is 85%. The military market share is about 66%.
Helibras was founded 1 January 1978 in Sao Jose dos Campos, Sao Paulo state. Since 1980, the company has been located in Itajubá, a city and municipality in southwestern Minas Gerais state, Brazil. Formerly Helibras was jointly owned by MGI Participações (MGI Investments - owned by the government of the federal state of Minas Gerais), Bueninvest and Eurocopter. As of 2006, Helibras became a wholly owned subsidiary of Eurocopter (now Airbus Helicopters) which in turn is owned by EADS (European Aeronautic Defence and Space Company). It is the only manufacturer of helicopters in Latin America.
Helibras has already produced and delivered about 500 helicopters, 70% of them being Esquilos (Portuguese for Squirrels). Ten percent of total production is exported to Latin American countries such as Argentina, Bolivia, Chile, Mexico, Paraguay, Uruguay, and Venezuela.