Three-dimensional unsteady Euler equations are numerically solved to simulate the unsteady flows around forward flight helicopter with coaxial rotors based on unstructured dynamic overset grids. The performances of the two coaxial rotors both become worse because of the aerodynamic interaction between them, and the influence of the top rotor on the bottom rotor is greater than that of the bottom rotor on the top rotor. The downwash velocity at the bottom rotor plane is much larger than that at the top rotor plane, and the downwash velocity at the top rotor plane is a little larger than that at an individual rotor plane. The downwash velocity and thrust coefficient both become larger when the collective angle of blades is added. When the spacing between the two coaxial rotors increases, the thrust coefficient of the top rotor increases, but the total thrust coefficient reduces a little, because the decrease of the bottom rotor thrust coefficient is larger than the increase of the top rotor thrust coefficient. Three-dimensional unsteady Euler equations are numerically solved to simulate the unsteady flows around forward flight helicopter with coaxial rotors based on unstructured dynamic overset grids. The performances of the two coaxial rotors both become worse because of the aerodynamic interaction between them, and the influence of the down rotor on the bottom rotor is greater than that of the bottom rotor on the top rotor. The downwash velocity at the bottom rotor plane is much larger than that at at the top rotor plane, and the downwash velocity at the top rotor plane is a the downwash velocity and thrust coefficient both become larger when the collective angle of blades are added when the collective angle of the blades is added thrust coefficient reduces a little, because the decrease of the bottom rotor thrust coefficient is larger than the increase of the top ro tor thrust coefficient.