A real case risk management analysis Essay Example | Topics and Well Written Essays - 3000 words

A real model risk management analysis - Essay Exampleperience in the provision of helicopter services in over 30 countries, on all seven continents and in most of the major offshore rock oil colour and gas producing regions of the world. (Company yearbook Report, 2007). Its major operating units include the United Kingdom, Norway, Netherlands, South Africa, Australia and Canada. The companys European and Global Operations segments enable it to provide helicopter transportation services to the oil and gas intentness for production and exploration activities. (Company Annual Report, 2007). In addition, the company also provides helicopter transportation services for requisite medical services (EMS) and search and rescue (SAR) activities, as well as ancillary services much(prenominal) as flight training. Its Heli-One segment, one of the worlds largest non-original equipment manufacturer support company provides repair and draw (R&O) services, aircraft leasing, integrated logist ics support, helicopter parts sales and distribution, as well as different related services to its flight operations and third-party clients around the world. (Company Annual Report, 2007).The companys operations estimate largely upon the level of activity in the oil and gas industry. The activities are therefore affected to change degrees by trends in oil and gas prices. Traditional wisdom detects that oil and gas prices have been very unstable in the past and continue to depend to wide fluctuations to changes in the supply and demand for oil and gas, market uncertainty and a variety of additional factors beyond the companys control. (Companys Annual Report, 2007). It is difficult for the company to predict the movement of future oil and gas prices. Prolonged declines in oil and gas prices could adversely affect Helicopters activity in support of exploration and to a lesser extent, production activity and, therefore, have a material adverse effect on the business, fiscal condit ion and results of operations. (Companys Annual Report,