Wildfires burned in 19 European countries this summer. The only continent on Earth to escape them in 2022, so far, is Antarctica. Yet their impact is being felt even there. A hole in the ozone above the frozen continent grew to its largest size since the eruption of Pinatubo in 1991 as a result of Australian wildfires this year.
These fires need fighting and this presents two opportunities for helicopter lessors to expand into what is a traditionally underfunded sector operating with ageing equipment.
Speaking at the recent Helicopter Investor Town Hall, James Nohilly, senior vice president, fleet management, Milestone Aviation said given the frequency and intensity of wildfires globally there has been an increased focus on aerial firefighting.
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