HeliOffshore Chief Executive Officer Gretchen Haskins, in closing remarks yesterday, described how recent helicopter tragedies had strengthened the industry’s resolve to enhance the safety of offshore helicopter operations. “We owe it to those who lost loved ones in Norway – and in other accidents – to do everything to continue our collaboration and deliver safety breakthroughs,”… Read more »
Source: HeliOffshore, 16-May-16
Belgian based operator NHV have recently taken two Airbus H175 helicopters out to Western Africa, and will be operating them from Ghana. They will be based at Takoradi under contract to Tullow Oil, which has had interests in two exploration licences offshore Ghana since 2006. NHV now has two H175s based at Aberdeen in the… Read more »
Source: HeliHub.com, 12-May-16
HNZ Group have reported their first quarter numbers covering January to March 2016, with revenue up 26.6% from $36.5M to $46.2M in the comparative quarter last year. The company has seen increased revenue from all three business segments, despite flying hours being down 6.49% from 7025 to 6569 hours. The prime reason for the jump… Read more »
Source: HeliHub.com, 12-May-16
International law firm Gowling WLG has appointed Matthew Harvey as a partner in its banking and finance team in London. He joins the firm from Dentons where he has been a partner since 2000. Matthew has over 20 years’ experience acting for corporates, banks and finance companies on structured, asset and export finance transactions. He… Read more »
Source: Gowling WLG, 11-May-16
Following the tragic Norwegian Super Puma helicopter accident on Friday 29 April, the UK and Norwegian Civil Aviation Authorities have been collaborating very closely and are united in their approach. Shortly after the accident, both organisations introduced restrictions to the Airbus EC225LP helicopter to prevent operators using it for commercial flights. Both organisations have now… Read more »
Source: CAA, 11-May-16
Waypoint Leasing (Ireland) Limited (“Waypoint”), today announced that it has closed a revolving credit facility led by the Specialty Finance Lending unit of KeyBank, N.A. This facility provides additional revolving capacity to increase Waypoint’s total revolving credit facility commitments by $37 million to $575 million. The company will use the proceeds of this transaction to… Read more »
Source: Waypoint, 11-May-16
An official court-filed statement provides a lot more information about the situation at CHC. It was filed by Michael B Cox, Global Head of Seabury’s Corporate Advisory Services. Seabury was retained by CHC Group and each of the other debtors (collectively, the “Debtors”) in early 2016 to provide strategic business advice with respect to restructuring… Read more »
Source: HeliHub.com, 11-May-16
CHC Group (OTC Pink Sheets: HELIQ; the “Company” or “CHC”) today announced the appointment of William L. Transier to its Board of Directors, effective immediately. An independent, Class II director, Mr. Transier’s term is until the Company’s 2018 annual general meeting of shareholders. He was also elected to serve on the Board’s Audit Committee and… Read more »
Source: CHC, 10-May-16
PHI, Inc. (The Nasdaq Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the quarter ended March 31, 2016. Consolidated operating revenues for the three months ended March 31, 2016 were $164.0 million, compared to $204.2 million for the three months ended March 31, 2016, a decrease of $40.2 million. Oil and Gas… Read more »
Source: PHi, 10-May-16
CHC Group (OTC Pink Sheets: HELIQ; the “Company” or “CHC”) today announced the Company has received approval from the United States Bankruptcy Court for the Northern District of Texas for its First Day motions related to its voluntary Chapter 11 reorganization. Collectively, the First Day orders issued by the Court will help CHC continue to… Read more »
Source: CHC, 10-May-16
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today it will release financial results for its fiscal year and fourth quarter ended March 31, 2016, after the market closes on Wednesday, May 25, 2016. In conjunction with the release, Bristow has scheduled a conference call, which… Read more »
Source: Bristow, 09-May-16
Bristow Caribbean has announced that they have secured a new contract with BHP Billiton in Trinidad and Tobago. The contract begins thi smonth using Sikorsky S-92 aircraft. This will be the first time an S-92 has been operated in the Trinidad and Tobago oil and gas market and the first time that Bristow is using… Read more »
Source: HeliHub.com, 06-May-16
The Offshore Safety Awards – jointly organised by Step Change in Safety and Oil & Gas UK – has been postponed until Wednesday 17 August. The decision was made by the membership organisations so both companies can focus closely on supporting the industry and workforce following the helicopter crash in Norway on Friday (29 April)…. Read more »
Source: Oil & Gas UK, 06-May-16
Bristow Helicopters has completed a one year contract in the Falkland Islands with three Sikorsky S92s. While the contract allowed for extensions beyond the first year, the continued depressed oil price has meant that these were not exercised – as predicted by HeliHub.com. The company’s announcement of the contract win early in 2015 described it… Read more »
Source: HeliHub.com, 06-May-16
CHC Group today announced that the Company and certain of its wholly-owned subsidiaries have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Texas to facilitate the restructuring of its balance sheet and fleet, and position the Company for… Read more »
Source: CHC, 05-May-16
Two and a half weeks ago, on April 15th, CHC chose to delay the payment of $46 Million in interest due on its 9.25% senior secured notes maturing October 15, 2020 (the “2020 Notes”). At the time, our analysis of the company’s unaudited balance sheet at 31 January 2016 showed that its liabilities exceeded its… Read more »
Source: HeliHub.com, 04-May-16
Given the volume of emails and phone calls that HeliHub.com has received in recent days, mainly from outside the helicopter industry, we are taking this opportunity to put one key point down in writing. They key area of investigation is the main rotor gearbox and the suspension bars which sit at an angle to hold… Read more »
Source: HeliHub.com, 04-May-16
Shell has issued the following statement, in which they confirm they are suspending using CHC Norway as an operator. The oil company’s decision does not extend to CHC in any other country. “Shell has with sadness followed the reports of the tragic event outside Bergen in Norway. Our thoughts and condolences go out to the… Read more »
Source: Shell, 04-May-16
3 May – Airbus Helicopters welcomes the announcement made by the Accident Investigation Board Norway (AIBN) today. The investigation will now solely be focused on potential root causes of a technical failure, such as design, production, and/or maintenance. Airbus Helicopters continues to provide its full support to the AIBN investigation. At this stage and based… Read more »
04-May-16
EASA issued an Emergency Airworthiness Directive (AD), following the tragic accident which occurred in Norway on 29 April 2016 to an Airbus Helicopters EC 225 helicopter. The partial information available so far indicate an in-flight separation of the main rotor from the main gearbox (MGB); an investigation is on-going to identify the root cause of… Read more »
Source: EASA, 03-May-16
The Accident Investigation Board Norway arrived at the accident site on Turøy in Hordaland Friday evening. Helicopter wreckage was retrieved from land and the sea bottom Saturday and was then transferred to Haakonsvern naval base (Bergen) by ship. The combined Flight Data and Cockpit Voice Recorder was retrieved from the wreckage Friday night. The unit… Read more »
Source: AIBN, 03-May-16
Mick Borwell, Health, Safety and Environment Policy Director with Oil & Gas UK, said: “This is tragic news from Norway and our immediate thoughts go to the family, friends and colleagues of those involved in this incident. “The UK Civil Aviation Authority (CAA) has followed the Norwegian CAA in issuing a Safety Directive effective from… Read more »
Source: OIl & Gas UK, 03-May-16
CHC Helicopter Service earlier today confirmed that flight HKS 241 from the Gullfaks B platform was involved in an accident near the Flesland Airport in Bergen, Norway on April 29, 2016. The helicopter, an Airbus EC 225, carried 11 passengers and two crewmembers. The flight was operated on behalf of Statoil. “We are greatly saddened… Read more »
Source: CHC, 03-May-16
The AAIB is deploying a small team to assist the Norwegian AIBN in their investigation of a helicopter accident near Bergen. Air Accidents Investigation Branch Chief Inspector Keith Conradi said: “We were sad to hear of the loss of a helicopter west of Bergen, Norway. The Air Accidents Investigation Branch has offered to assist the… Read more »
Source: AAIB, 03-May-16
On Friday, April 29, 2016, an accident occurred with an Airbus Helicopters EC225LP (also known as a H225) model helicopter operated by another helicopter company, which resulted in a crash near Turøy outside of Bergen, Norway. The aircraft was carrying eleven passengers and two crew members at the time of the accident. Thirteen fatalities were… Read more »
Source: Bristow, 03-May-16
SAFETY DIRECTIVE – Airbus Helicopters EC225LP – Limitation of operations in the Kingdom of Norway due to fatal accident on the 29th of April 2016 This Safety Directive contains mandatory action that is required to establish an acceptable level of safety. It is issued in accordance with the Aviation Act (Luftfartsloven) §4-1 and regulation (EC)… Read more »
Source: Luftfartstilsynet, 03-May-16
Below is the wording of two separate statements from manufacturer Airbus Helicopters following the accident of an EC225 operated by CHC on 29th April May 1, 2016 – Considering the additional information gathered during the last 48 hours, Airbus Helicopters’ decision, at this stage, is to not suspend flights of any nature for the… Read more »
Source: Airbus Helicopters, 03-May-16
“Our thoughts are with those affected by the tragic accident in Norway. “Following the accident the UK CAA has issued an instruction to stop any commercial passenger flights by UK operators flying the Airbus EC225LP helicopter. This mirrors action taken by the Norwegian CAA. The restriction does not apply to search and rescue flights. “The… Read more »
Source: CAA, 03-May-16
Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its first quarter 2016 after the market closes on Tuesday, May 3, 2016. In connection with the release, Era has scheduled a conference call for Wednesday, May 4, 2016, to begin… Read more »
Source: Era Group, 28-Apr-16
On March 31, 2016, Bristow Helicopters Limited flew the last scheduled flight to and from the Murchison platform in the North Sea before its decommissioning. The flight crew wanted to make the journey especially memorable for the oil workers onboard, and after Bristow’s chief pilot liaised with the teams both onshore and offshore to ensure… Read more »
Source: Bristow Helicopters, 27-Apr-16
British based operator Bond is finally rebranding its operations to the corporate image of parent company Babcock today. This is just short of two years since the announcement mid May 2014 that engineering support services company Babcock International Group PLC officially completed its acquisition of the Avincis Group. All aspects of Bond in the UK… Read more »
Source: HeliHub.com, 25-Apr-16
Airbus Helicopters is very busy with demonstration tours. In addition to the recently reported H145 in Asia and H215 in South America, we can add that they have an H175 in Nigeria targeting the African offshore support industry. The helicopter made its maiden flight demonstration yesterday at the Murtala Muhammed International Airport, the main airport… Read more »
Source: HeliHub.com, 22-Apr-16
HeliOffshore, the global association for safety in the offshore helicopter industry, announced today the appointment of Mr. Andrea Cicero to its board. Mr. Cicero, chief operating officer for Babcock Mission Critical Services Division, replaces Mr. Bill Tame, chief executive officer, International Division, Babcock International PLC. HeliOffshore Board chairman, Mr. Bill Chiles, welcomed Mr Cicero: “Our… Read more »
Source: HeliOffshore, 21-Apr-16
Commercial helicopter company “Silk Way Helicopter Services” LLC (SWHS LLC) received a status of the official service provider for external cargo sling on offshore and onshore oil and gas platforms according to Oil & Gas Producers Standard (OGP). The main direction of these services is focused on flare tip change outs on oil and gas… Read more »
Source: SWHS, 20-Apr-16
Heli-One, the world’s largest independent provider of helicopter maintenance, repair, and overhaul (MRO) services, has recently promoted Carolyn Forsyth to General Manager of Sales, Marketing, and Business Development. Her prior role was Regional Sales Director for Europe, Middle East, Africa, and Asia Pacific. She will now oversee global Sales, Business Development, Marketing as well as… Read more »
Source: Heli-One, 20-Apr-16
Bristow Group today announced the strengthening of its operational structure by centralizing, simplifying and standardizing its business operations to improve safety performance, effectiveness and efficiency for clients. This new structure will enable the company to continue to reduce costs, while improving its leading competitive position. As part of these operational changes, Bristow will also continue… Read more »
Source: Bristow, 18-Apr-16
Bell Helicopter, a Textron Inc. (NYSE: TXT) company, and Abu Dhabi Aviation, are proud to announce reaching 1 million hours of successfully operating of their Bell Helicopter Fleet. “We have been operating Bell Helicopter aircraft since the 1976,” said Mr. Mohamed Ibrahim Al Mazrouei, General Manager, Abu Dhabi Aviation. “Our Bell Helicopter fleet has grown… Read more »
Source: Bell, 18-Apr-16
Offshore and SAR operator CHC must be under significant pressure to not make an interest payment. The company has announced that $46 million was due Friday on its 9.25% senior secured notes maturing October 15, 2020 (the “2020 Notes”). The small print governing the 2020 Notes allows CHC a 30-day grace period after the interest… Read more »
Source: HeliHub.com, 18-Apr-16
Sazma Aviation receives a complete HFDM package including an online reporting interface (powered by Flight Data Services), a custom event matrix, real-time air-to-ground exceedance notification services, and ISAT-200A data acquisition hardware with STC management. “Offshore Oil & Gas operators work in some of the industry’s most challenging conditions and are under strict contractual requirements to… Read more »
Source: Skytrac, 14-Apr-16
Bristow Helicopters Limited, the market leading helicopter logistics company, has commenced flights for Petrofac in the Central North Sea. The contract, which sees Bristow flying Petrofac passengers to the Central North Sea for the first time, commenced in March and will continue for three years, with two additional one year options. Alan Corbett, Managing Director… Read more »
Source: Bristow Helicopters, 06-Apr-16
Local company United Aero Group have donated a Sikorsky S-76A to the Connecticut Air & Space Center, a restoration museum that currently occupies buildings 6 and 53 at the former Stratford Army Engine Plant complex. The company acquired the early ‘A” model aircraft and a sister ship from a Lider Air Taxi in Brazil and… Read more »
Source: United Aero Group, 06-Apr-16
The downturn in the energy industry has idled millions of dollars of oil and gas equipment worldwide, including the nearly a fifth of the helicopters used to ferry workers and equipment to offshore rigs, according to The Wall Street Journal. [Other sources give nearer to one third. Ed] Dallas-based Protective Packaging Corporation recently helped a… Read more »
Source: PPC, 04-Apr-16
Heli-One’s Rzeszow, Poland facility has received Federal Aviation Administration (FAA) repair station approval. Heli-One Poland’s facility, which opened in 2014, provides base maintenance support for Airbus AS332, H225, and H135 aircraft. In addition, it offers component repairs such as the AW139 exhaust duct. This approval offers U.S.-based operators or U.S.-registered aircraft a new cost-efficient maintenance… Read more »
Source: Heli-One, 01-Apr-16
Bond Offshore Helicopters has been awarded a new contract to provide offshore crew transport on behalf of Premier Oil. The three year deal, awarded after a competitive tender, will see the helicopter operator transport thousands of men and women to and from Premier’s offshore platforms in the North Sea. Bond’s helicopters will serve areas including… Read more »
Source: Bond, 31-Mar-16
Finmeccanica announced today that the fleet of 26 AgustaWestland AW189 super medium twin engine helicopters, in service with customers across four continents, has exceeded 10,000 flight hours. The milestone, achieved less than two years after the first aircraft delivery, marks a major commercial and operational milestone for the most successful helicopter in the all-new super… Read more »
Source: Finmeccanica, 30-Mar-16
Bristow employees in Nigeria continue their support of Ijamido Children’s Home with a recent visit to bring donations of clothes, shoes and toys. During the visit, employees met and took pictures with the children, and encouraged them to keep working hard and doing well in school. “It was truly a heart-warming experience, and we are… Read more »
Source: Bristow, 29-Mar-16
The first class of graduates from Bond’s new Aberdeen-based training programme for helicopter engineers has graduated with flying colours. Bond, a Babcock International Group company, established its first CAA approved training scheme for licensed helicopter engineers in December and the first class of five students has now graduated. Each is now qualified to sign off… Read more »
Source: Bond, 29-Mar-16
Employees from Bristow Helicopters’ Redhill office recently visited The Orpheus Centre, an independent specialist college for disabled young adults, for the official re-opening of Baseline. Baseline is a vital teaching space on the Orpheus campus that was recently refurbished using a generous donation of £78,000 from Bristow. The funding has allowed Orpheus to create a… Read more »
Source: Bristow, 29-Mar-16
Heli-One, the world’s largest independent provider of helicopter maintenance, repair, and overhaul (MRO) services, announced today it has developed repair capability for the Sikorsky S-92 air inlet. The air inlet was identified as a top contributor to aircraft on ground (AOG) events for the S-92 aircraft. The component was found to have inconsistent failure times,… Read more »
Source: Heli-One, 23-Mar-16
Congressman Charles W. Boustany, Jr., MD, (R-Lafayette) sent a letter with his colleagues calling for an official U.S. Government Accountability Office (GAO) investigation into illegal practices by the Bureau of Safety and Environmental Enforcement (BSEE) in the Gulf of Mexico. BSEE has historically entered into contract agreements with helicopter service providers to obtain helicopter fuel… Read more »
Source: Charles Boustany, 23-Mar-16
Mick Borwell, Health & Safety Director, Oil & Gas UK, said: “Following publication of the Air Accidents Investigation Branch report into the Sumburgh tragedy we will take time to carefully examine its findings. Our thoughts are with the families, friends and colleagues of those not with us today. “There are many recommendations in this report… Read more »
Source: Oil & Gas UK, 23-Mar-16
Market leader in digital learning technologies Atlas Knowledge Group has achieved its first ever course accreditation from one of the helicopter industry’s leading authorities which regulates the safe operation of helidecks and helicopter landing sites. The Helideck Certification Agency (HCA), which works to ensure the safe landing and take-off of helicopters across the world, has… Read more »
Source: Atlas, 23-Mar-16
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, today announced that the Company will be attending the Scotia Howard Weil 44thAnnual Energy Conference to be held in New Orleans on March 20 – 23, 2016. L. Don Miller, Senior Vice President and Chief Financial Officer, is scheduled to present on Tuesday, March 22 at 1:40 p.m. Central… Read more »
Source: Bristow, 17-Mar-16
Heli-One, the world’s largest independent provider of helicopter maintenance, repair and overhaul (MRO) services, has completed the 9,000 HR G Check on a H225 for a major operator in the North Sea. The maintenance was performed at Heli-One’s Stavanger facility in Norway, and marks the first major H225 inspection for that operator. Heli-One became the… Read more »
Source: Heli-One, 10-Mar-16
Bell Helicopter, a Textron Inc. (NYSE:TXT) company, announced today that, Petroleum Air Services has been appointed as the first Bell Helicopter Authorized Customer Service Facility in North Africa. “Since 1982, we have been providing both fixed wing and helicopter transportation to the oil and gas and travel industries in Egypt,” said General Yehia Hussein, Chairman… Read more »
Source: Bell, 10-Mar-16
Falcon Aviation is Abu Dhabi Air Expo 2016’s Golden sponsor once again, and will be showcasing its services at the event. Currently the company’s fleet comprises of various state of the art helicopters and jets including the Agusta AW109 and AW189, the Bell 412, the Eurocopter EC 130, the Embraer Legacy 600, the Embraer Lineage… Read more »
Source: Falcon Aviation, 09-Mar-16
Airbus Helicopters is continuing to deliver on its commitment to safety as its number one priority with the release of the H175 Flight Crew Operating Manual (FCOM), coming just over a year after the release of the helicopter industry’s first-ever FCOM for the H225 in oil & gas configuration. The newest FCOM, designed specifically for… Read more »
Source: Airbus, 04-Mar-16
The Helicopter Division of Finmeccanica celebrated today with the Era Group, the longest serving helicopter provider in the industry and the largest civil operator of AgustaWestland helicopters, their tremendous operational success and achievement of 100,000 flight hours with their fleet of 40 AW139 helicopters operated across their group. Era operates and leases the aircraft in… Read more »
Source: Finmeccanica, 02-Mar-16
LCI, the aviation leasing arm of the Libra Group, touches down at this year’s HAI Heli-Expo with a fleet of 21 helicopters in service, and expects to double this number before the end of 2016. LCI grew extensively in 2015, introducing the AW189 into service in its fleet alongside the AW139. Throughout the year, it… Read more »
Source: LCI, 02-Mar-16
Sikorsky recognized Era Group Inc. today as the first operator to enter revenue service with a new production Sikorsky S-92® helicopter with Gross Weight Expansion (GWE). The event was conducted at the 2016 Helicopter Association International Heli-Expo show at Sikorsky’s booth where Era’s S-92 helicopter is on display. Sikorsky Aircraft is a Lockheed Martin company… Read more »
Source: Sikorsky, 02-Mar-16
Rockwell Collins’ latest solutions for helicopters will be playing a key role in the Gulf of Mexico as Era Group Inc., a leading helicopter transport operator based in the United States, has taken delivery of its first two Finmecannica AW189 heavy helicopters. “We congratulate Era – the first operator of the AW189 in the Americas… Read more »
Source: Rockwell Collins, 01-Mar-16
Thai Aviation Services has informed Sikorsky, a Lockheed Martin company (NYSE: LMT), of the decision to renew its existing fleet of commercial helicopters with five S-76D™ medium lift and two S-92® heavy lift aircraft. Selection of an all-new Sikorsky aircraft fleet will enable the Bangkok-based operator to continue its track record of providing safe, reliable… Read more »
Source: Sikorsky, 01-Mar-16
VIH Aerospace (VIHA – www.vihaerospace.com), a leading provider of helicopter maintenance, repair and overhaul (MRO) services; and a specialist in designing Supplemental Type Certified solutions for the Sikorsky S-92 helicopter has reached a delivery milestone of 22 auxiliary fuel tank systems to Bristow Group (Bristow). VIHA is exhibiting at Heli-Expo 2016 — Booth # 1209…. Read more »
Source: VIH Aerospace, 29-Feb-16
Heli-One, a leading global provider of helicopter maintenance, repair and overhaul (MRO) services has sold three Airbus AS332 (L & L-1) Super Puma aircraft on behalf of CHC Helicopter (CHC) to Heli Austria, an operator serving the utility, EMS and charter industries in Europe. Heli-One will perform modifications and maintenance work to ready the aircraft… Read more »
Source: Heli-One, 29-Feb-16
Bristow’s Management Development Training (MDT) and Leadership Development Training (LDT) programs ranked fourth in HR.Com’s Leadership 500 Award Best Global/International Leadership Program category. This category recognizes leadership programs that have been deployed globally (defined as three or more countries) and have consistently impacted leadership skill on a global scale within a given year. Bristow received… Read more »
Source: Bristow, 23-Feb-16
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, today announced that it will be presenting at the 2016 Credit Suisse Energy Summit to be held in Vail, Colorado on February 22 – 25, 2016. L. Don Miller, Senior Vice President and Chief Financial Officer of Bristow Group,… Read more »
Source: Bristow, 18-Feb-16
FlightSafety International and Sikorsky, a Lockheed Martin company, announce that training for Sikorsky S-76C+™ and S-76C++™ helicopters will be offered in Singapore starting in March 2016. A wide variety of training services will be provided using a new FlightSafety FS1000™ simulator. It will be qualified to Level D by the United States Federal Aviation Administration… Read more »
Source: FlightSafety International, 17-Feb-16
Charting their body dimensions has also cast valuable light on their ability to escape through a helicopter window. Bigger individuals are less likely to be able to do so than smaller individuals, but the study has shown that size isn’t everything. The new findings from a joint research project into the size and shape of… Read more »
Source: RGU, 16-Feb-16
Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced the opening of two new regional offices, covering the company’s operations in Australia and Africa/The Middle East, respectively. Waypoint’s Australia office, located in Brisbane, will be launched in April 2016 and led by Waypoint executive Chris Wakefield. Establishing the office will… Read more »
Source: Waypoint Leasing, 16-Feb-16
Vancouver, British Columbia, Canada – CHC Group Ltd. (OTCQX: HELIF), the parent company of CHC Helicopter, plans to issue its release for the fiscal-year 2016 third quarter, which ended January 31, 2016, after market close on Thursday, March 3, 2016. The following day, Friday, March 4, 2016, the company will hold its quarterly results call… Read more »
Source: CHC, 15-Feb-16
Bristow Group Inc. (NYSE: BRS) and Sky-Futures today announced that Bristow has invested $4.2 million in Sky-Futures, the leading provider of drone inspection data services for the oil and gas industry. This investment gives Bristow immediate entry to the fast-growing UAV services business and bolsters Bristow’s offerings to include drone inspection services. The investment, which… Read more »
Source: Bristow, 10-Feb-16
Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today that its Board of Directors approved a $0.07 per share quarterly dividend, which compares to $0.34 per share in the prior quarter. The dividend will be payable on March 15, 2016 to stockholders of record at the… Read more »
Source: Bristow, 10-Feb-16
Airbus Helicopters has received EASA certification for the Rig’N Fly (Rig Integrated GPS approaches with eNhanced Fly-ability and safetY), an avionics enhancement designed to provide automatic rig approaches for offshore operations. First developed on H225, it will also be implemented on H175 (end 2016) and on H160. Rig’N Fly uses a combination of sensors (GPS,… Read more »
Source: Airbus, 10-Feb-16
Bristow has released its financial statement for the three months to 31 December 2015, the first directly comparable quarter since the oil price went into free-fall at the back end of 2014. Turnover in oil-related operations is down 21.2%. Here are some extracts from the full statement:- Our operating revenue for the December 2015 quarter was impacted… Read more »
Source: Bristow, 09-Feb-16
The twin-engine multipurpose helicopter H145 has successfully proved its operational capabilities for challenging offshore missions. During a two-day flight trial in late January the established offshore operators Wiking Helikopter Service GmbH and HTM Offshore were able to test the H145 in all the relevant fields of offshore operations. Both aviation companies collaborate closely to offer… Read more »
Source: Airbus Helicopters, 05-Feb-16
