"ONGC is mulling forming its own helicopter division with a fleet of more than 20 modern aircraft."
Ah yes, ONGC, the mature operating company who couldn't even provide working fire extinguishers in the hangar
Peter, don't you recall David and the superglue incident
The very thought of ONGC.....no, I mustn't.
Re the "old" airframe bit, as you said it can be like Henry VIII's axe. Five new ax heads, and 7 new shafts, but it still has the same data plate. My 206A, reworked as a BIII, will perform as well as a brand new EC120, and at a known cost. That, plus the known support from Bell, will keep me happy for a while yet.