skyward Posted September 29, 2008 Report Share Posted September 29, 2008 Just curious to know if there is any truth to the rumor that Resource Helicopters is shutting the door on the lav? Quote Link to comment Share on other sites More sharing options...
Helilog56 Posted September 29, 2008 Report Share Posted September 29, 2008 It has been a tough year if your company is depending on fires to keep it financially afloat. Lack of diversity, marketing, and operating in an already saturated market, is going to cause a few companies, to shut their doors. I have seen this cycle a few times......I hate to say, but we are on the leading edge of a downturn in our industry. But again.....that is just my 2c worth ( I hope I am wrong) ! Quote Link to comment Share on other sites More sharing options...
Guest plumber Posted September 29, 2008 Report Share Posted September 29, 2008 It isn't looking good. I'm glad I have a trade or two under my belt. Pilot operating isn't looking so bad I think I'll stay put for a while. Quote Link to comment Share on other sites More sharing options...
updog Posted September 29, 2008 Report Share Posted September 29, 2008 At the meeting last Friday they said they are only going into suspension over the winter from a slow summer and low hours...something we all know this year. They said they need to stop the spending and will be in operation for spring 09. I hope so. They're a good group. Quote Link to comment Share on other sites More sharing options...
T-rex Posted September 30, 2008 Report Share Posted September 30, 2008 At the meeting last Friday they said they are only going into suspension over the winter from a slow summer and low hours...something we all know this year. They said they need to stop the spending and will be in operation for spring 09. I hope so. They're a good group. That's a great answer! That will keep this thread on line, vs the rumor mill flying! I am sure there are alot of operators that will be working with a 'skeleton crew' this winter to control some costs! Quote Link to comment Share on other sites More sharing options...
Max Continuous Posted September 30, 2008 Report Share Posted September 30, 2008 Quote Dec 14 2007 "Too bad the bubble popped and know one told you. It's a small industry and good luck getting your 180G after you have been laid off. Be careful who's door your knock on after trying to hold everyones feet to the fire. As has been said...supply and demand." Max Darn I hate being right sometimes. Max Quote Link to comment Share on other sites More sharing options...
212wrench Posted October 1, 2008 Report Share Posted October 1, 2008 Gee, predicting a downturn in the helicopter industry, wanna bet the sun comes up in the east tommorrow. Don't take that wrong Max, its just if you have been around in this industry long enough, as you have, you know we are gonna see ups and downs. Quote Link to comment Share on other sites More sharing options...
Max Continuous Posted October 1, 2008 Report Share Posted October 1, 2008 Absolutely 212. Sometimes it is cyclical per region and sometimes economic. The people with their collective noses out of joint are the people who haven't been in the gig long enough to know that. (Sorry for the pun) Combine that with an attitude of entitlement and rotation, well...... Max Quote Link to comment Share on other sites More sharing options...
Max Continuous Posted October 1, 2008 Report Share Posted October 1, 2008 Actually 212 you got me thinking and.... I should qualify my Dec. quote. Talk to your customers. When half of them are dead in the water and the other half are going great guns well something is awry. Look for the big picture. Don't just think about making money with Pine beetle....think about long term ramifications. If no one is building homes in the U.S. because of sub prime mortgage meltdown well how Is that going to play into the sh*tty deal we got on softwood lumber? How about spiraling labour costs etc. You can't sustain it forever. This is not directed at you 212 as I get the feeling that you have been around the block and ridden the turnip truck! I just wish people in this industry would stop driving around looking as far as their hood ornament. I suppose tho that a sense of history is earned by time put in. LOOK AT THE BIG PICTURE PEOPLE!!! Max Quote Link to comment Share on other sites More sharing options...
Guest who's yer daddy Posted October 1, 2008 Report Share Posted October 1, 2008 Resource Iron is all leased. They don't own a bolt in the machines. They could all go back to O'Rielly tomorrow and none worse the wear! Quote Link to comment Share on other sites More sharing options...
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