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Old 11th Jan 2015, 11:34
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terminus mos
 
Join Date: May 2012
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Letters have gone out to aviation and other contractors asking for a 20% reduction in standing charges.

There is already more aircraft than usual available on the spot market. One operator in the US is mothballing some aircraft to reduce the market surplus, which can be done with owned aircraft, its very painful to do with leased aircraft. My company is "stacking" at least one rig.

Letters are going out to the big helicopter leasing companies to explain that times are going to be lean for a while.
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