Oil Too Helicopters
I am reading the annual study from United Technologies - which owns, with other things, a helicopter company. To quote:
On the commercial side, Sikorsky finished the yr with a backlog of nearly $3 billion — its largest always — driven past times growing postulate for offshore shipping inwards the fossil oil together with gas industry.
I am non certain how skillful that backlog is.
John
Disclosure: no positions. Primarily reading because nosotros accept a disclosed set inwards a jet engine fellowship (Rolls Royce) together with similar the follow the contest (Pratt together with Whitney).
PS. I accept received at to the lowest degree one-half a dozen emails almost the hostage drama inwards Sydney. It is 5km away together with I know no to a greater extent than than y'all tin abide by out from internet. We tin come across the urban heart from our purpose though together with the publish of helicopters swarming closed to has reduced.
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