Helicopter financing has suffered
the ups and downs of an unstable market, but it is expected that in
2010 and beyond there will still be a positive demand for
rotorcrafts.
This, according to Matthew Harvey, head of
asset finance at law firm Denton Wilde Sapte, is because helicopter
financing has always been a “niche sector”, which is particularly
tied to specific industries, like the oil and gas sector. As such,
it is not susceptible to consumer-driven demand.
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In the same way, prospects for search and
rescue helicopters are rather good. In the UK, the Maritime and
Coastguard Agency and the MoD are currently working on a project to
jointly operate their search and rescue helicopter fleet in the
future.
The project is at the final stage of a
tendering process, involving two consortia (Air Knight and
Soteria).
Once the preferred bidder is announced – by
early 2010 – the project will focus on how to provide the new
helicopters, their specification and the way of financing them.
Antonio Fabrizio
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