terminus mos says
The greedy lessors won't negotiate. Current lease prices on new aircraft are lower than prices CHC, Bristow and Babcock are paying for older aircraft.
How long before oil companies start demanding rate renegotiations for that very reason?
Pilot and Engineer Union agreements may also have to be re negotiated to reduce operating costs.
So, less people on less pay. Now could that lead to any unintended consequences anyone?