chcoffshore, have you seen the price of oil recently? Over the last few years, the oil companies have been catching up on a lot of maintenance and development work which was put on hold the last time the price of oil was low. The recent high level of activity has allowed costs to spiral and they will now want to tighten their belts.
At least one NS heli operator has been hiring like mad over the last few years and were always behind the drag curve on recruitment. I hope they haven't overshot the mark to find themselves over the top on pilot numbers.
There are also some contracts up for renewal which well change hands.
Interesting times!