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Old 13th Jan 2015, 21:23
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HeliHenri
 
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Few months ago : Helicopter operators set for take-off as oil drilling picks up | Reuters

Bristow Group Inc plans to invest $1 billion this year to procure just some of the 300 new helicopters that Barclays estimates will be needed by the oil and gas industry over the next five years.ue

"We will invest more in this one year than in the last two-and-a-half years combined," said Jonathan Baliff, the chief financial officer of Bristow who will take over as CEO on July 31.

"To invest a third of our market capitalization in one year is one way of saying we are optimistic of the future."
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