Bristow CEO: No Recovery until Late 2017
Continuing slump in oil prices is hitting the OGP services industry hard, says one operator.
Even though it reported a $3.3 million loss in the second quarter, Bristow said select new aircraft deliveries, particularly super-medium helicopters such the Airbus H175, would continue even in this more cost-conscious environment as those aircraft provide customers with “right-sizing” flexibility and offer lower operating costs. (Photo: Airbus Helicopters)
Even though it reported a $3.3 million loss in the second quarter, Bristow said select new aircraft deliveries, particularly super-medium helicopters such the Airbus H175, would continue even in this more cost-conscious environment as those aircraft provide customers with “right-sizing” flexibility and offer lower operating costs. (Photo: Airbus Helicopters)