Uncertainty Risks Are High for Textron ’s Bell Helicopters
Textron | October 05, 2016
Bell may duck oil and gas challenge The current troubles in the helicopter manufacturing industry are another example of how the downturn in the oil industry (XOP) continues to have a domino effect across the sectors. Helicopters are used in the oil industry to ferry workers and cargo to oil platforms, which are often in the middle of nowhere. Approximately 25% of the global helicopter fleet is deployed in the oil and gas sector.