CHC has launched a scathing critique of the competition watchdog for what it calls “incomplete, selective and deficient” analysis of its takeover move for Babcock.
Helicopter operator Bristow (NYSE: VTOL) has posted a set of “disappointing financial results” as a combination of issues, including Hurricane Ida, dented profits.
The fatal Germanwings 9525 plane crash in the French Alps is bringing action on mental health for oil and gas helicopter pilots, a top UK boss has said.
Helicopter operator CHC has warned that “unsustainable” contract pricing could affect training and development after losing a major deal with oil and gas firm Total.
Kelly Wood is a licenced aircraft engineer at Bristow Helicopters. After entering the business as an apprentice in 2011, she is now a B-licenced engineer working at one of Bristow’s busiest heliports in the UK.
Engineering service firm Babcock International slumped into the red in 2019-20 after suffering hefty impairments largely pinned on the “deteriorating” oil and gas market.
Pilots were “distracted” by incorrectly positioned cranes leading to a helicopter landing on the wrong oil platform in the North Sea, according to investigators.
Industry chiefs are fighting in Westminster and Capitol Hill to support global helicopter firms that operate in the UK North Sea, warning some “will probably not survive”.
The UK’s crippled offshore helicopter sector faces more financial restructuring, “opportunistic M&A” and possibly even government intervention, according to new analysis.