Rotorcraft
Offshore Helicopter Market Sees Some Sign of Recovery
Demand for offshore helicopter services is improving, but it could take more time for contract rates to improve for operators

Prospects for recovery in the market for offshore oil and gas helicopter support market are gathering pace, although it may take more time for this to be reflected in improved profit margins for operators. This was the main conclusion of independent market analysis presented at the Vertical Flight Expo event on November 5 by Steve Robertson, director of the Air & Sea Analytics consultancy. His presentation largely matched that of a panel discussion earlier in the day at the same Farnborough, UK event.