Bristow-Era Merger First Step In Offshore Helicopter Consolidation
Credit: Mark Bennett
Operators in the offshore oil-and-gas-support business have not had an easy time over the past five years. Low energy prices put demand in the doldrums, left helicopters idle and pushed three of the best-known operators—Bristow, CHC and Petroleum Helicopters Inc. (PHI)—into Chapter 11 bankruptcy and...
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