Amidst its current Chapter 11 proceedings, Bristow Group has embodied the ‘business as usual’ approach. Within the last week, it has secured new financing from its noteholders and has appointed a new general counsel....
After months of delays in filing its final 10-Q and 10-K reports due to suspicions of impropriety, helicopter operator Bristow has finally published its delayed and updated reports claiming nothing was misreported in the...
Amidst the process of Chapter 11 bankruptcy, Bristow has secured a new five-year contract to fly workers to and from BP’s offshore oil rigs in the North Sea. The contract commenced on 13 May...
Chess is arguably overused as a metaphor for business strategy, but actually is quite apt for the difficulties oil-and-gas helicopter operators find themselves facing in 2019, and which may continue for years to come....
Bristow Group has pushed back its 10-Q filing deadline and is considering US Chapter 11 bankruptcy – according to a recent SEC Filing. The offshore helicopter operator has racked up significant debt and...
Oil-and-gas helicopter operator Bristow Group has managed to secure an extension until 15 April to file its delayed third-quarter results for 31 December 2018. The extra time for Bristow to file came after two...
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...
Under the eyes of corporate law firms investigating Bristow for potential securities fraud, the company has just appointed a new CEO to take the helm during this rocky period. After Baliff announced he was...
Yet another law firm has joined the legal crowd investigating Bristow Group on the behalf of concerned investors. Pomerantz LLP has filed a class action complaint and is investigating whether Bristow, its officers or...
“The danger point in any cycle is not when you’re at the top or the bottom, but when you’re just at the inflection point,” says Clark McGinn principal at Uplifting Advice and formerly head...
It may seem like an odd time to invest in the helicopter market that […]
Following the closing of a $75 million facility with CaixaBank announced last week, helicopter […]
Helicopter operator NHV Group has expanded its executive board with the appointment of Thomas […]
In the midst a down market where consolidation and oversupply are the main words […]
Last week, the biggest players in Russian commerce met for the St. Petersburg […]
Bristow announced this week that it has signed a new debtor-in-possession (DIP) commitment to […]
Amidst its current Chapter 11 proceedings, Bristow Group has embodied the ‘business as usual’ […]
Helicopter operator CHC has secured a new offshore contract to provide helicopter transport for […]
Following Uber’s entry into the helicopter air taxi market with its launch of Uber […]
Matt Zuccaro is stepping down as the president and CEO of Helicopter Association International […]