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Helicopter Shortage: An Investment Opportunity?

Posted on May 12, 2008

In the May 12th editionof Fortune Magazine, there is an interesting article titled CopterCrisis that delves into how the growth in offshore drilling for oil andgas has led to increased utilization of helicopters to get to andfrom the offshore platforms. This offshore drilling boom combined alongwith increased usage of choppers for private travel has led to ashortage of helicopters and their parts.Based on the earnings forecast of offshore drillers like Transocean (RIG), Diamond Offshore Drilling (DO) and Noble (NE), the offshore oil drilling boom is likely to continue for years to come. In f...

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drilling , earnings , oil