Babcock CEO: Offshore Helicopter Market ‘No Longer Attractive'

H225M
Credit: Airbus
LONDON—The CEO of UK engineering company Babcock has once again cast doubt on the future of its offshore helicopter business. Presenting the company’s 2019 full-year results on June 11, CEO Archie Bethel told investors he no longer believed the business “to be an attractive growth opportunity,”...

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