What the market has seen is that large helicopter services operators have some or all of the following: significant infrastructure costs; large overheads; extensive supply chains; massive hangars and MRO capabilities; and high labor wage scales.
Helicopter services companies in the oil & gas sector Chapter 11 filing dates:
MM/dd/YYYY: Bristow Group 03/15/2019: PHI Inc. 11/25/2018: Waypoint Leasing Holdings Ltd. 05/05/2016: CHC Helicopters