1-Jul-2022Source: Bristow
Bristow Group Inc. (NYSE: VTOL) announced it has signed long-term, favorable maintenance support agreements with Leonardo Helicopters for airframes and Pratt & Whitney for engines on the Company’s global fleet of AW139 helicopters. The legacy Era AW139 fleet was previously covered by a limited power-by-the-hour (“PBH”) support agreement with Leonardo for the airframes, while... Read more
24-Jun-2022Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the world’s leading global provider of innovative and sustainable vertical flight solutions, announced that an independent Wall Street equity research analyst firm, The Benchmark Company, has initiated coverage on the Company with initial “Buy” recommendations.... Read more
24-Jun-2022Source: Bristow
Robert Courts MP, Parliamentary Under Secretary of State in the Department for Transport, with responsibility for aviation and maritime, has presented the Billy Deacon SAR Memorial Trophy to three of HM Coastguard’s search and rescue crew in the UK, recognising their outstanding performance in dangerous circumstances in 2020-21. Winch paramedics Abi Wild and Niall... Read more
22-Jun-2022Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the world’s leading global provider of innovative and sustainable vertical flight solutions, today announced that an independent Wall Street equity research analyst firm, The Benchmark Company, has initiated coverage on the Company with initial “Buy” recommendations.... Read more
20-Jun-2022Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the world’s leading global provider of innovative and sustainable vertical flight solutions, today announced that it will ring the Opening Bell at the New York Stock Exchange (NYSE) on Tuesday, June 21, to commemorate the two-year anniversary of the merger between Bristow Group Inc. and Era Group Inc. Bristow... Read more
1-Jun-2022Source: Bristow
Total revenues of $287.4 million in Q4 FY22 compared to $295.6 million in Q3 FY22 Net loss of $4.3 million, or $(0.15) per diluted share, in Q4 FY22 EBITDA adjusted to exclude special items and asset dispositions was $35.9 million in Q4 FY22 compared to $30.7 million in Q3 FY22 As of March 31, 2022,... Read more
30-May-2022Source: Bristow
Bristow’s UK SAR team conducted a successful SAR Winch Paramedic selection event at Fleetwood Nautical College in May 2022, continuing its long history of innovation and excellence in aviation. The innovative program used a nationwide recruitment effort that solicited almost 300 applicants in late January from across the United Kingdom to apply for the UK SAR... Read more
30-May-2022Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced it will release financial results for its fourth quarter and full fiscal year 2022 after market close on Tuesday, May 31, 2022. In connection with the release, Bristow has scheduled a conference call for Wednesday, June 1,... Read more
18-May-2022Source: Bristow
Bristow Group Inc. (NYSE: VTOL) has launched its third UK offshore helicopter pilot cadet programme, aimed at attracting a new generation of aviators to the industry, in partnership with Helicentre Aviation. Would-be pilots can now apply for Bristow’s latest fully funded programme, which will see four cadets ultimately selected to undergo training with Helicentre... Read more
3-May-2022Source: Bristow
Bristow Group Inc. (NYSE:VTOL) announced its plans to acquire British International Helicopter Services Limited (“BIH”), further enhancing its leading global Government Services business. Bristow will continue to build upon BIH’s strong relationships established through a longstanding history of serving both military and civilian markets. Bristow expects to realize efficiencies by leveraging its scale to continue... Read more
19-Apr-2022Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, has signed a Memorandum of Understanding (MOU) with Helicentre Aviation Ltd, the UK’s leading helicopter training academy, to serve as its preferred provider of ab-initio commercial pilot training. Under the MOU, through this collaborative initiative, Bristow will support Helicentre with... Read more
24-Feb-2022Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, will present at the Credit Suisse 27th Annual Energy Summit on Monday, February 28, 2022. Bristow’s Senior Vice President and Chief Financial Officer Jennifer Whalen is scheduled to present on Monday, February 28, 2022, at 2:45 p.m. MST and participate... Read more
4-Feb-2022Source: Bristow
Total revenues of $295.6 million in Q3 FY22 compared to $301.6 million in Q2 FY22 Breakeven earnings and earnings per share in Q3 FY22 compared to net income of $2.8 million, or $0.10 per diluted share, in Q2 FY22 EBITDA adjusted to exclude special items and asset dispositions was $30.7 million in Q3 FY22 compared... Read more
28-Jan-2022Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced it will release financial results for its third quarter fiscal year 2022 after market close on Thursday, February 3, 2022. In connection with the release, Bristow has scheduled a conference call for Friday, February 4, 2022, to begin... Read more
22-Dec-2021Source: HeliHub.com
The Irish Ministry for Transport (MoT) has issued its Pre-Qualification Questionnaire (PQQ) for companies interested in bidding for the national SAR service. The current contract has been flown by CHC since 2012, and covers four bases and five Sikorsky S92 helicopters – one for each base, and a maintenance cover aircraft. The period of the... Read more
21-Dec-2021Source: Bristow
Through the ongoing pandemic and an exceptionally active hurricane season, Bristow’s Gulf of Mexico search and rescue (SAR) team has remained at the ready to assist customers in the Gulf of Mexico. The team reached 1,000 missions for the year on November 8, 2021. Operations for 2021 far exceed pre-pandemic missions. In 2018, they flew... Read more
20-Dec-2021Source: Bristow
Overair, Inc. (“Overair”), developer of electric vertical take-off and landing (eVTOL) vehicles, today announced they signed a Memorandum of Understanding (MOU) with Bristow Group Inc. (NYSE: VTOL), the world’s leading global provider of innovative and sustainable vertical flight solutions to government and civil organizations. The two companies plan to collaborate on the development of the... Read more
3-Nov-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) announced that it has welcomed the latest cohort of trainees to its fully sponsored UK cadet programme, in partnership with Helicentre Aviation, underpinning its commitment to bringing new pilots into the industry. The programme is the only UK scheme of its kind enabling cadets to graduate and transition from training... Read more
28-Oct-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced it will release financial results for its second quarter fiscal year 2022 after market close on Wednesday, November 3, 2021. In connection with the release, Bristow has scheduled a conference call for Thursday, November 4, 2021 to begin... Read more
26-Oct-2021Source: Bristow
A prestigious Master Rearcrew Certificate has been presented to Kevin Weller, Chief Technical Crew at HM Coastguard Search and Rescue (SAR) base, Caernarfon, to recognise his contribution to rotary aviation. The award was presented by the Honourable Company of Air Pilots at a black-tie dinner at The Guildhall in London October 21. The award recognises... Read more
5-Oct-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) has appointed Courtney Byrne as the Area Manager, Guyana. In this position, Byrne will work closely with Bristow customers and across the company to deliver world-class service as we grow our operations in Guyana and foster relationships in the local community. He will manage the local day-to-day operations and will... Read more
4-Oct-2021Source: Bristow
The Whirly-Girls Scholarship Fund has announced an additional $5,000 scholarship to be awarded to a female starting in the helicopter aviation industry. The additional scholarship is available due to the commitment of the Bristow Group to support advancing the careers of the international organization’s members. The Whirly-Girls organization is an international organization of over 2,100... Read more
30-Sep-2021Source: Eve Urban Air Mobility
Eve Urban Air Mobility, LLC, an Embraer company, and Bristow Group Inc. (NYSE: VTOL), the global leader in vertical flight solutions, announced today a Memorandum of Understanding to work together to develop an Air Operator’s Certificate (AOC) for Eve’s electric vertical takeoff and landing (eVTOL) aircraft. The partnership will develop an Urban Air Mobility (UAM)... Read more
28-Sep-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, will present a virtual presentation at the Deutsche Bank Leveraged Finance Conference on October 5, 2021. Bristow’s President and Chief Executive Officer Chris Bradshaw and Senior Vice President and Chief Financial Officer Jennifer Whalen are scheduled to present on October... Read more
23-Sep-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the world’s leading global provider of vertical flight solutions to government and civil organizations, and Vertical Aerospace Group Ltd (“Vertical”), a British engineering and aeronautical business pioneering zero-emissions aviation, announced a Memorandum of Understanding (MOU) under which the two firms will cooperate on the certification, operational planning and potential purchase... Read more
23-Sep-2021Source: Bristow
Eve Urban Air Mobility, LLC, an Embraer company, and Bristow Group Inc. (NYSE: VTOL), the global leader in vertical flight solutions, announced today a Memorandum of Understanding to work together to develop an Air Operator’s Certificate (AOC) for Eve’s electric vertical takeoff and landing (eVTOL) aircraft. The partnership will develop an Urban Air Mobility (UAM)... Read more
13-Jul-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) today announced four separate two-year contract extensions through April 2024 with Equinor, Shell and Neptune to support its air transportation crew change services for their operations in the Norwegian continental shelf. Bristow has been an Equinor aviation partner for more than 20 years and will continue to use its fleet... Read more
23-Jun-2021Source: Bristow
A prestigious Royal Humane Society award has been presented to HM Coastguard Search and Rescue Lydd helicopter winch paramedic Mark Scotland, following his heroic actions in the effort to save a 12-year-old girl off the coast of Kent last year. Mr Scotland was awarded with the Testimonial on Parchment for bravery, which recognises someone who... Read more
21-Jun-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the leading provider of innovative vertical flight solutions, announced that the Company will be presenting at the J.P. Morgan 2021 Energy, Power & Renewables Conference to be held June 22-23, 2021. President and Chief Executive Officer Chris Bradshaw and Chief Financial Officer Jennifer Whalen are scheduled to present on Wednesday,... Read more
4-Jun-2021Source: Ramco System
Global aviation software provider Ramco Systems announced it will implement its Aviation M&E MRO Software V5.8 to digitally transform the maintenance and engineering operations of Bristow Group Inc., one of the world’s largest helicopter operators providing offshore transportation, search and rescue (SAR) and aircraft support services to government and civil organizations worldwide. Ramco shares a... Read more
27-May-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) announced that retired U.S. Air Force General Maryanne Miller has been appointed to its Board of Directors. The appointment to the new director position was effective May 23, 2021. General Miller, age 62, is a retired four-star U.S. Air Force General with over 39 years of military service. In her... Read more
21-May-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in vertical flight solutions announced it will release financial results for its fourth quarter fiscal year 2021 after market close on Wednesday, May 26, 2021. In connection with the release, Bristow has scheduled a conference call for Thursday, May 27, 2021 to begin at 10 a.m. ET... Read more
5-May-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) announced a three-year contract extension until August 2024 with Aker BP to support air transportation crew change services for their operations in the Norwegian continental shelf. Bristow has been an Aker BP (former BP Norge) aviation partner for more than 15 years and will use its fleet of existing S-92s... Read more
23-Mar-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) is the first helicopter operator in the UK to achieve a new mandatory international aviation safety standard designed to ensure the airworthiness of its aircraft, underscoring the Company’s commitment to safety and industry leadership. Bristow was notified it officially achieved the certification – Continued Airworthiness Management Organisation certification (known as... Read more
26-Feb-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) (the “Company”) announced the closing of its private offering of $400 million aggregate principal amount of 6.875% senior secured notes due 2028 (the “notes”). The notes were issued under an indenture, dated February 25, 2021, among the Company, the subsidiary guarantors party thereto and U.S. Bank National Association, as trustee... Read more
15-Feb-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) (the “Company”) announced the pricing of its previously announced private offering of $400 million aggregate principal amount of 6.875% senior secured notes due 2028 (the “notes”) to eligible purchasers pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). The closing of... Read more
9-Feb-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) (the “Company”) announced that it has commenced, subject to market conditions and other factors, a private offering of $400 million aggregate principal amount of senior secured notes due 2028 (the “notes”) to eligible purchasers pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the... Read more
28-Jan-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in vertical flight solutions, announced it will release financial results for its third quarter fiscal year 2021 after the market closes on Tuesday, February 2, 2021. In connection with the release, Bristow has scheduled a conference call for Wednesday, February 3, 2021 to begin at 10 a.m.... Read more
27-Jan-2021Source: Bristow
Bristow Group Inc. (NYSE: VTOL) announced its UK operations received International Organization for Standards (ISO) 14001 certification, making it one of the first vertical lift operators in the UK to achieve the global standard. The certification confirms Bristow’s UK operations have a certified environmental management systems (EMS) in place to monitor, manage, and deliver continuous... Read more
22-Jan-2021Source: NAVBLUE
Bristow Helicopters Limited, a NAVBLUE customer for more than 10 years, recently renewed their Charts+ and Navigation+ services. Part of the world-leading Bristow Group Inc, UK operations serve government and civil organisations including UK Search and Rescue [SAR] and North Sea rig transport. A fleet of approximately 50 helicopters rely on navigation data and electronic... Read more
21-Dec-2020Source: Bristow
We are delighted to announce a new partnership with Bristow Group Inc. (NYSE: VTOL), the world’s leading provider of helicopter transportation services. As Bristow’s partner across Europe, the Middle East and Africa, H&G’s aim is to make Bristow’s parts inventory work harder. We have a substantial package of rotable components supporting the AW139 and S92... Read more
30-Oct-2020Source: Bristow
Bristow Group Inc. (NYSE: VTOL), the global leader in vertical flight solutions, announced it will release financial results for its second quarter fiscal year 2021 after the market closes on Wednesday, November 4, 2020. In connection with the release, Bristow has scheduled a conference call for Thursday, November 5, 2020 to begin at 10 a.m.... Read more
21-Oct-2020Source: This Day Live
An Ikeja Special Offences Court Ikeja, Lagos, re-arraigned former staff of Bristow Helicopters Nigeria Limited on allegations of stealing and selling helicopter spare parts worth the sum of $307,830 belonging to the company. See Full Story. ... Read more
6-Oct-2020Source: Bristow
Bristow Helicopters Limited has been awarded a contract extension to continue delivering UK search and rescue (SAR) helicopter service for HM Coastguard, the emergency response service of the Maritime and Coastguard Agency (MCA). Bristow will continue its role as a key enabler in the search and rescue community under an extended contract confirmed by the MCA. The UK’s current commercial... Read more
5-Oct-2020Source: Bristow
Bristow Group Inc. (NYSE: VTOL), one of the largest helicopter operators in the world, plans to participate in the 28th annual Deutsche Bank Leveraged Finance Conference taking place October 5th through 7th. Bristow’s President and CEO Chris Bradshaw, Chief Financial Officer Jennifer Whalen and Treasurer & Head of Investor Relations, Grant Newman, will participate in... Read more
22-Sep-2020Source: Bristow
Jennifer Whalen has been appointed Senior Vice President, Chief Financial Officer (CFO) for Bristow Group Inc. effective today. In this role, she is responsible for accounting, financial reporting, investor relations, M&A, tax and other financial aspects of the Company. She was previously serving as the CFO in an interim role since June 2020. “Jennifer brings... Read more
3-Sep-2020Source: Bristow
Bristow Group Inc. (NYSE: VTOL), one of the largest helicopter operators in the world, will present a virtual presentation at the Barclays CEO Energy-Power Conference held on September 8-10, 2020. Bristow’s President and Chief Executive Officer, Chris Bradshaw, will present on Wednesday, September 9, 2020 at 3:45 p.m. ET and participate in investor meetings throughout... Read more
31-Aug-2020Source: Bristow
HM Coastguard’s Search and Rescue (SAR) helicopter team at Stornoway in the Western Isles completed their 1,000th tasking since 2013, with the recovery of a group of people stuck on coastal rocks in the Highlands. Captain Dan Lewis, senior first officer Marc Grant, winch operator James Lyne and winchman Andy Walker were called to the... Read more
10-Aug-2020Source: Bristow
The HM Coastguard Search and Rescue helicopter base at Prestwick, on Scotland’s west coast near Glasgow, has surpassed a major milestone after responding to 1,500 calls for support since 2016. Prestwick chalked-up its 1,500th task when a child was spotted adrift in a dinghy off the Ayrshire coast and required assistance. Captain Mark Randall, Captain... Read more
7-Aug-2020Source: Bristow
The HM Coastguard Search and Rescue helicopter crew at Lydd, Kent have marked a major milestone after completing their 1,000th tasking since beginning lifesaving operations in 2015. Captain Andy Pilliner, co-pilot Stijn Roovers and winch paramedic Shawn Clark undertook the 1,000th tasking, when the Children’s Acute Transport Service called for support just after midnight on... Read more
18-May-2020Source: Bristow
Bristow Group and Era Group (NYSE:ERA) announced the new global organization structure and the selection of the executive leadership team that will help create a financially stronger industry leader in offshore helicopter transportation and search and rescue services. The structure and executive appointments will be effective upon the close of the transaction and approval by... Read more
4-Mar-2020Source: Shetland News
THE SUMBURGH based Sikorsky S-92 search and rescue helicopters have just completed their 1,000th mission since Bristow Helicopters took over the coastguard search and rescue contract from Canadian firm CHC in June 2013. See Full Story.... Read more
24-Jan-2020Source: Bristow
As the world pays attention to the major bushfires happening along the East Coast of Australia, Bristow Defence Industries (BDI) has quietly supported the Republic of Singapore Air Force’s Oakey Detachment, based in Oakey, Queensland, in its preparation to deploy two RSAF’s CH47Ds from Oakey to Royal Australian Air Force Base East Sale, located 220... Read more
8-Oct-2019Source: Bristow
Bristow Group Inc. (OTC: BRSWQ) (“Bristow” or the “Company”) announced that on October 4, 2019, the U.S. Bankruptcy Court for the Southern District of Texas confirmed the Company’s Amended Plan of Reorganization (the “Plan”) and indicated that it will enter a written order to this effect. The Company expects to consummate its financial restructuring process... Read more
8-Aug-2019Source: Helicentre Aviation
Helicentre Aviation is excited to announce it is working with Bristow Helicopters and will be awarding a brand new 2019 “Bristow” Commercial Pilot Scholarship, adding to the Academy’s well-established and highly successful Professional Helicopter Pilot Scholarship Programme. The joint initiative is driven by both companies’ pro-active approach to recruitment, attracting fresh talent to industry, and... Read more
30-Jul-2019Source: Hillsboro Heli Academy
Hillsboro Heli Academy has added another industry leader to its Career Pathway Program by finalized an agreement with Bristow on a pathway for its helicopter students. Bristow Group offers helicopter transportation, search and rescue (SAR), and aircraft support services to government and civil organizations around the world. Headquartered in Houston, Texas, Bristow has large operations... Read more
25-Jun-2019Source: Bristow
Bristow Group Inc. (OTC: BRSWQ) (“Bristow” or the “Company”) filed its quarterly report on Form 10-Q for the quarter ended December 31, 2018 (the “Q3 FY2019 10-Q”), as well as amendments to its previously filed Annual Report on Form 10-K for the fiscal year ended March 31, 2018 (the “Amended FY2018 10-K”), Quarterly Report on Form 10-Q for the quarter... Read more
4-Jun-2019Source: Bristow
Bristow Group Inc. (OTC:BRSWQ) announced a new contract with BP plc, to support its North Sea operations. The contract, with a five year primary term, commenced on May 13, 2019. Bristow will deliver a fully integrated aviation solution to BP plc from bases in Aberdeen and Sumburgh. New pilot and crew positions are being created, with... Read more
3-May-2019Source: Bristow
Bristow Group Inc. (OTC:BRSWQ) announced a new contract with BP plc, to support its North Sea operations. The contract, with a five year primary term, commenced on May 13, 2019. Bristow will deliver a fully integrated aviation solution to BP plc from bases in Aberdeen and Sumburgh. New pilot and crew positions are being created,... Read more
29-Apr-2019Source: GVIC
Global Value Investment Corp. (GVIC), a value-oriented investment research and advisory firm located in Mequon, Wisconsin, today nominated four highly qualified, independent candidates for election to the board of directors of Bristow Group, Inc. (NYSE: BRS). GVIC’s nominees are Sten Gustafson, Jonathan Meretsky, Anthony Gray, and Jeffrey Geygan. Read: Open Letter to Bristow Shareholders Mr.... Read more
27-Mar-2019Source: HeliOffshore
At their meeting on 7th March, HeliOffshore directors officially welcomed Don Miller to the board, following his recent appointment as the new President and CEO of the Bristow Group. As one of the founding members of HeliOffshore, Bristow has always made a very strong contribution to the global association’s collaborative work to further enhance the... Read more
7-Mar-2019Source: Bristow
Bristow Group Inc. (NYSE:BRS) announced that L. Don Miller has been named President and Chief Executive Officer and appointed him as a member of the Board of Directors, which took effect at the close of business on February 28, 2019. Miller previously served as the company’s Senior Vice President and Chief Financial Officer. Bristow Group... Read more
13-Feb-2019Source: Bragar Eagel & Squire, P.C.
Bragar Eagel & Squire, P.C. is investigating potential claims against Bristow Group Inc. (NYSE: BRS). Our investigation concerns whether Bristow has violated the federal securities laws and/or engaged in other unlawful business practices. On February 11, 2019, the company disclosed that it “did not have adequate monitoring control processes in place related to non-financial covenants... Read more
16-Jan-2019Source: Bristow
Bristow Group Inc. (NYSE: BRS), the leading provider of global industrial aviation services, announced today it will release financial results for its fiscal year 2019 third quarter ended December 31, 2018, after the market closes on Thursday, February 7, 2019. In conjunction with the release, Bristow has scheduled a conference call, which will be broadcast... Read more
28-Sep-2018Source: Bristow Group
St Athan’s HM Coastguard search and rescue (SAR) helicopter base has rung the changes with the arrival of two brand-new Leonardo AW189 helicopters, which flew into service for the first time yesterday. The new aircraft replace two smaller Leonardo AW139 aircraft, which have been a familiar sight in the skies above South Wales and North... Read more
28-May-2018Source: Bristow
Bristow Group, Inc. (NYSE:BRS) today announced a three-year contract extension from Perenco UK Ltd. The extension covers seven-day-a-week coverage in the UK Southern North Sea through December 2021. Under the three-year extension, Bristow will provide world-class performance coupled with a tailored aviation solution to meet its client’s specific needs in support of their operations offshore Norwich. By leveraging its diverse fleet of... Read more
27-Feb-2018Source: Bristow
Bristow Group Inc. (NYSE: BRS) announced today the pricing of its previously announced private offering to eligible purchasers pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), of $350 million aggregate principal amount of 8.75% senior secured notes due 2023 (the “notes”). The offering was upsized... Read more
26-Feb-2018Source: Honeywell
Honeywell (NYSE: HON) has signed a five-year contract with Bristow Helicopters for its Honeywell Avionics Protection Plan (HAPP). The agreement will cover 26 of Bristow’s Leonardo AW139 helicopter fleet. Under the agreement, Bristow Helicopters will benefit from full maintenance protection coverage for the avionics suite of its search and rescue fleet, providing improved cost forecasting. The company will... Read more
22-Feb-2018Source: Bristow
Bristow Group Inc. (NYSE: BRS) announced today that it has commenced, subject to market conditions and other factors, a private offering of $300 million aggregate principal amount of senior secured notes due 2023 (the “notes”) to eligible purchasers pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities... Read more
22-Feb-2018Source: Bristow
Bristow Group Inc. (NYSE: BRS) today announced that certain of its subsidiaries have received commitments from lenders to enter into a new asset-backed revolving credit facility (the “ABL Facility”). Bristow expects to close on the ABL Facility within 60 days of entry into the commitment letter for the ABL Facility. The ABL Facility is expected to... Read more
21-Feb-2018Source: Bristow
Bristow U.S. LLC today announced that it has secured a multi-year contract to provide helicopter offshore crew change and search and rescue (SAR) services to support ExxonMobil in Guyana. The five-year deal, which is a renewal of an existing contract, commenced on January 1, 2018. “We are honored to continue to serve ExxonMobil in this... Read more
24-Jan-2018Source: Bristow
Bristow Helicopters has invested in new aircraft operating out of Aberdeen, and developed a new fixed-wing passenger terminal designed to improve conditions for offshore workers heading to work in the North Sea. The development of the new fixed-wing terminal at the Forties Road heliport complex coincides with the introduction of two additional Leonardo AW189 aircraft,... Read more
16-Jan-2018Source: Bristow
Bristow Group Inc. (NYSE: BRS), the leading provider of global industrial aviation services, announced today it will release financial results for its fiscal 2018 third quarter ended December 31, 2017, after the market closes on Thursday, February 8, 2018. In conjunction with the release, Bristow has scheduled a conference call, which will be broadcast live... Read more
8-Jan-2018Source: Bristow
The UK’s Search and Rescue Service operated by Bristow Group has commissioned an emergency cleaning specialist to provide de-contamination services for its helicopters and bases. CleanSafe Services teams are now available 24 hours a day to respond to any urgent cleaning task the search and rescue service needs their help with. Bristow operates a fleet... Read more
13-Dec-2017Source: Bristow
Bristow Group Inc. (NYSE: BRS) announced today that it intends to offer, subject to market and other conditions, $125 million aggregate principal amount of convertible senior notes due 2023 (the “notes”), through an underwritten offering registered under the Securities Act of 1933, as amended. The company intends to grant the underwriters an option to purchase... Read more
