Finance, Taxes, Insurance
LCI: Offshore Squeeze Will Continue
Shortage of lift for offshore energy will continue in the short-term
LCI
© LCI

The shortage of offshore helicopters isn’t going away anytime soon, according to Nigel Leishman, chief commercial officer at helicopter lessor LCI. He told AIN that demand for offshore lift is now above pre-Covid levels. “It’s just pure demand. There’s just more activity out there and there’s actually fewer helicopters available.”

And the problem isn’t just that the OEMs are having difficulties ramping production due to lingering supply-chain problems. Many of the helicopters that were parked during the Covid slump are flying elsewhere. “A lot of the helicopters that moved out of the oil and gas market during the downturn have gone on to other roles and are no longer available.”