TAM and PHI negotiate offshore joint venture
2. august 2010 14:19 | RotorcraftFlight Global
Brazil's TAM Empreendimentos e Participações is negotiating with Petroleum Helicopters the final details of a joint venture helicopter enterprise dedicated to the flourishing Brazilian offshore market.
While details are scant, market sources indicated that the intention is to start operations at the end of this year with three Sikorsky S-76 helicopters leased from Louisiana-based PHI, although mid-term plans envisage a larger fleet that would include Sikorsky S-92s.
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