Oil Industry Softening Affects OEMs, Operators

Credit: CHC
The global slump in oil prices has already hurt the helicopter operators that support oil industry production and drilling, but now their pain is being shared by helicopter manufacturers. While airline manufacturers cash in on huge orders from the carriers benefiting from the low price of fuel...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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