Helicopter Market Turning Corner at Last, Say Pundits | Aviation International News

Helicopter Market Turning Corner at Last, Say Pundits

Speakers at Vertical Flight Expo heard that after ten turbulent years, the helicopter market could be recovering from the oil price downturn.

By Ian Sheppard

November 5, 2019

After reeling from being virtually abandoned by the oil and gas sector after oil plummeted to $30 a barrel in early 2016, the helicopter market appears to have turned the corner and hourly operating prices are now reflecting a recovery, industry observers said today at the opening of the Vertical Flight Expo & Conference at Farnborough Airport. Even though exploration is now picking up again in the oil and gas sector, profits for helicopter operators are still very limited, they added.

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