AE Industrial Partners has completed its acquisition of heavy-lift helicopter operator Columbia Helicopters. The private equity firm first announced its intention to acquire Columbia in July this year, signing an initial agreement to purchase...
Columbia Helicopters has sold a majority holding in itself to private equity firm AE Industrial Partners, four months after the collapse of its planned sale to Bristow. Back in November 2018 the ailing heavy...
New York-based Faruqi & Faruqi is the latest law firm to climb on the class-action bandwagon to launch a class-action law suit against Bristow Group. Faruqi & Faruqi has invited Bristow Group investors who...
Bristow Helicopters is currently under intense market scrutiny stemming from its failure to file its third-quarter results for 31 December 2018 on time. “Material weaknesses” in its internal accounting processes were cited by the...
Long considered a star of the offshore helicopter market until oil prices collapsed in August 2016, Bristow Group announced on 11 February the late filing of its Q3 results due to financial reporting concerns,...
Following the announcement that Bristow would be acquiring Columbia Helicopters – Bristow has since delayed the acquisition. The Group initially planned to complete the purchase of the Oregon-based operator by the end of 2018...
Houston, TX – Bristow Group, the leading provider of global industrial aviation services, announced today that it has signed a definitive agreement to combine with privately-held Columbia Helicopters, Inc. (“Columbia”) for $560 million. Columbia will be designated as...
Bristow Group has fully acquired privately-held operator Columbia Helicopters for $560 million. Group CEO Johnathan Baliff has announced his resignation. Baliff will oversee the integration planning of Columbia Helicopters and will officially leave the company in...
Columbia Helicopters have added internal firefighting tanks to its fleet of CH-47D Chinook helicopters this season. The fleet was called upon and N471CH has now fought its first wildfire in Minnesota. Working in the...
Columbia Helicopters has promoted Steve Bandy to senior vice president of operations. He has been serving as the vice president of operations since 2012. In addition to his current responsibilities of the flight and...