Puma Grounding Tells in Bond Offshore Profits
North Sea helicopter services firm Bond Offshore has reported a substantial drop in profits for the 2012 year as a result of fleet being grounded after two forced ditching's off Shetland.
The company notes in full-year accounts filed with Companies House, the grounding of the Eurocopter EC225's “resulted in reduced flying activity and revenue and also additional non-recurring costs”.
Bond said on a pro-rata basis, turnover and profits were down as a result of the issues affecting the Eurocopter EC225 fleet.
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