INSIGHT FROM FLIGHTGLOBAL: Offshore Oil & Gas Support Fleet sees stabilization
12 Sep 2017
The three years since the significant reduction in oil prices which began in July 2014 have been a challenging time for the oil and gas industry and also the helicopter operators which support them. It has proved to be the most severe downturn experienced for many years. The period has included the temporary grounding of one of the sector s leading types and also the bankruptcy filing of its largest operator.