More O&G market insight from
HeliValue$, with a depressing conclusion for the S-92:
Renewed production of the S-92A will face stiff competition because some of the contract renewals are asking for mediums and super mediums rather than the S-92A for cost savings. As a consequence, we see some used S-92A’s being returned to the banks at the end of their contracts. With virtually no secondary market for this aircraft, there has been little interest in what is coming onto the market. The trend of decreased values will likely continue until oil prices recover to a level that is profitable in the North Sea or the values of the S-92A reach a level that competes with the Super Mediums.
Sikorsky delivered no S-92s or S-76Ds during the
first quarter of 2017.
I/C