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
Bristow files for Chapter 11news Alasdair Whyte 13 May 19 0Bristow Group voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas on 11 May. The oil-and-gas helicopter operator… Read more
Bristow shareholder “greatly disappointed” with board, nominates replacementsnews Alasdair Whyte 26 Apr 19 0Will the Bristow directors’ headaches ever end? One of the helicopter operator’s smaller shareholders – Global Value Investment (GVIC) – has penned an open letter… Read more
Another law firm opens case against Bristownews Alasdair Whyte 3 Apr 19 0New 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.… Read more
Bristow announces further Q3 report delays,details internal control ‘weaknesses’news Alasdair Whyte 19 Feb 19 0Bristow Group has announced that it is still working towards filings it final third-quarter results for the period ended 31 December 2018 due to needing… Read more
Bristow Group to combine with Columbia Helicopters In a $560 Million transactionnews Terry Spruce 14 Nov 18 0Houston, 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… Read more
Bristow reports “better than expected” second quarternews Alasdair Whyte 13 Nov 17 0Bristow Group has seen a “better than expected” second quarter of fiscal year 2018. The operator’s adjusted EBITDA is up a substantial 27.5% year-on-year from… Read more
