How is PHI restructuring different to CHC in 2016?
In 90 seconds, Ben Chapman, Valuations Manager at Ascend by Cirium, provides the answer.
When CHC filed for Ch11 in 2016 we saw lease rates and values fall as aircraft were returned to their owners. The question is; will PHI be the same? With less reliance on oil and gas, more centralized fleet and low leases share, we can expect the PHI restructuring to have less of an impact on helicopter values and lease rates.
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