NetJets founder Richard Santulli is back in the aviation business, this time to help finance long-range helicopters needed to service the offshore oil exploration and production industry. He and investment partners are providing financing through Milestone Aviation Group, an all-new entity. “Operators are going farther offshore, and that longer distance will be tied into how much more their equipment will cost,” Santulli told BCA. “In order to bid [on service contracts], operators will need ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Santulli Returns".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.