WFW advised on Bristow’s €100m loan to acquire five SAR AW189snews Mike Stones 12 Aug 24 0Watson Farley Williams (WFW) advised National Westminster Bank and UK Export Finance (UKEF) on an €100m ($109.23m) Export Development Guarantee term loan granted to Bristow… Read more
Bristow secures €100m loan for Irish SAR helicoptersnews Fayaz Hussain 13 Jun 24 0Bristow Group announced that its UK subsidiary Bristow Leasing has secured a €100m ($108m) term loan to fund its next generation of search and rescue… Read more
HI Uplift: HAI returns to Anaheim … in search of liftnews Mike Stones 4 Mar 24 0Mickey Mouse, Minnie, Donald Duck and pals normally pull the crowds to Anaheim, California. But last week, there was another star attraction. HAI Heli-Expo was… Read more
Bristow confirms fatal S-92 North Sea crashnews Mike Stones 29 Feb 24 0Bristow Group has confirmed the crash of a search and rescue (SAR) S-92 helicopter off the coast of Norway, which resulted in one fatality and… Read more
Bristow’s UK SAR operations win awards for rescue missionsnews Mike Stones 6 Nov 23 0Helicopter operator Bristow’s UK Search and Rescue (SAR) operations team has won a series of prestigious awards. The latest award is the Prince Philip Helicopter… Read more
Bristow hails passing ‘positive inflection point’ in Q3 2023 resultsnews Mike Stones 2 Nov 23 0Bristow Group has passed “a positive inflection point”, according to its president and CEO Chris Bradshaw, after the helicopter operator posted net income of $4.3m… Read more
HI Uplift: Bristow sees eVTOLs and helicopters ‘on a parallel path’news Mike Stones 28 Sep 23 0Pragmatic partnership between Bristow and eVTOL manufacturers to develop advanced air mobility aircraft and the business case to support their safe and efficient operation in… Read more
BRISTOW AND VOLOCOPTER AGREE TO LAUNCH EVTOL SERVICESnews Yves Le Marquand 10 Sep 23 0Bristow Group and Volocopter have signed an agreement to look at launching eVTOL passenger and cargo services in the US and UK. As part of… Read more
HI Uplift: Leonardo’s AW609 TiltRotor enjoys a big yearnews Mike Stones 31 Aug 23 0“If you are in trouble anywhere in the world, an airplane can fly over and drop flowers, but a helicopter can land and save your… Read more
Bristow posts Q2 adjusted EBITDA showing ‘building business momentum’news Mike Stones 11 Aug 23 0Bristow Group’s 35% rise in adjusted EBITDA to reach $39m, posted in second-quarter (Q2) results, shows the operators’ building business momentum, according to Chris Bradshaw,… Read more
Bristow Group stages demonstrator flight of AW609 Tiltrotornews Mike Stones 12 Jul 22 0Bristow Group has staged the inaugural US demonstration flight of the AW609 Tiltrotor. The 60-minute flight, which took place in Philadelphia on May 11th, is… Read more
HI Uplift: After Bristow withdraws from Australia, what next?insight Mike Stones 8 Feb 22 0Fewer than 40 words from Bristow Group helped draw a close to the company’s 50-plus years of operations in Australia. In a statement to Helicopter Investor… Read more
CHC acquires Babcock’s $10m oil and gas businessnews Alasdair Whyte 1 Sep 21 0CHC Group has completed its acquisition of Babcock International’s $10m oil and gas business. Through the deal, CHC will increase its crew transportation capacity and… Read more
Bristow signs MOU to purchase 50 eSTOLs from Electra.aeronews Alasdair Whyte 26 Aug 21 0Bristow Group has signed a Memorandum of Understanding (MOU) to purchase 50 eSTOL (electric short take-off and landing) aircraft from developer Electra.aero. The company said… Read more
Newsletter: SAR takes off with Covid rule relaxationsinsight Alasdair Whyte 11 Aug 21 0Depending on where you are reading this, there might be reasons to revel in the easing of restrictions. Maybe you are on a summer holiday… Read more
Bristow cancels 22 H175 order with Airbusnews Alasdair Whyte 8 Jan 20 0UPDATE: Airbus has since dismissed claims that the 22 H175s cancelled represent half of the model types order backlog. Bristow Group has cancelled a long-standing… Read more
Bristow Group emerges from Chapter 11 Bankruptcy protectionnews Alasdair Whyte 5 Nov 19 0Less than six months after filing for bankruptcy in May 2019, Bristow Group has successfully emerged from Chapter 11 Bankruptcy protection – having restructured its… Read more
Bristow finalizes $385 million debt for equity swapnews Alasdair Whyte 29 Jul 19 0Bristow, the helicopter operator currently in Chapter 11 protection, has entered into a backstop commitment agreement with several of its noteholders for a $385 million… Read more
Bristow signs $150 million DIP commitmentnews Alasdair Whyte 5 Jul 19 0Bristow announced this week that it has signed a new debtor-in-possession (DIP) commitment to provide a new debt facility worth $150 million. The process is… Read more
Bristow, “business as usual” and buyoutsnews Alasdair Whyte 1 Jul 19 0Amidst its current Chapter 11 proceedings, Bristow Group has embodied the ‘business as usual’ approach. Within the last week, it has secured new financing from… Read more
