Read this article today....an interesting article...amongst the tidbits contained there is the following....
Graves points out that each of the three major helicopter operators in the Gulf raised rates last year by 30%.
"The increase in rates we charge oil company clients enabled us to play catch-up and replace aging aircraft," he explains. "We also had to improve compensation for pilots and mechanics, to retain people and reduce high employee turnover. It was long overdue."
The link follows.....
http://www.aviationtoday.com/cgi/rw/...02offshore.htm