Helicopter Investor newsletter: ‘The industry absolutely needs consolidation’insight Alasdair Whyte 16 Sep 21 0“The industry absolutely needs consolidation,” Clark McGinn, principal, Uplifting Advice told Helicopter Investor in response to the news of CHC Group’s acquisition of Babcock’s oil and… Read more
Bristow and Electra to bring mid-mile logistics for retail distributionnews Alasdair Whyte 31 Aug 21 0Bristow Group has made its first move towards advanced air mobility, when it signed a Memorandum of Understanding (MOU) to purchase 50 eSTOL (electric short… Read more
Bristow and Era Helicopters complete their mergernews Mike Stones 12 Jun 20 0Bristow Group and Era Helicopters have completed the merger, announced on January 24th 2020, to form “a financially stronger company with enhanced size and diversification”.… Read more
Bristow flies coronavirus patients off oil rigsnews Alasdair Whyte 25 Mar 20 0Bristow has launched a fleet of specifically-configured AW139, S76 and S92 helicopters to transport suspected or confirmed coronavirus victims ashore. The operator has performed flights… Read more
What the oil price crash means for helicopter operatorsnews Alasdair Whyte 24 Mar 20 0Plummeting oil prices are likely to mean fewer contract renewals, cancellations and even further consolidation for offshore helicopter operators, industry analysts have told Helicopter Investor.… Read more
Babcock wins five-year offshore contract from Bristownews Alasdair Whyte 10 Mar 20 0Babcock has won a five-year offshore transport contract from Integrated Aviation Consortium (IAC) to operate more than 100 helicopter flights per month between Shetland and… Read more
Helicopter Investor London 2020: A new ERAinsight Alasdair Whyte 3 Mar 20 0Bristow and ERA are merging to form a dominant offshore operator, creating a safe and financially strong player with a presence in established and emerging… Read more
Helicopter Investor 2020: Unmanned aspirationsnews Alasdair Whyte 27 Feb 20 0Unmanned aerial vehicles (UAVs) could provide a cheaper and safer alternative to helicopters on some firefighting and SAR missions, according to speakers at Helicopter Investor… Read more
Right helicopter, wrong time for Bristowinsight Alasdair Whyte 13 Jan 20 0This originally appeared as part of our Helicopter Investor Weekly newsletter series. Click here to subscribe. What a difference six years can make. At Heli-Expo… Read more
Public large helicopter financial transactions from 2012-2019news Alasdair Whyte 2 Dec 19 0The reality of 2019 thus far is that not many people are buying helicopters, and not many helicopter companies are raising money to grow in… Read more
Bristow receives court approval for reorganisation plannews Alasdair Whyte 9 Oct 19 0After a tumultuous six months, Bristow Group has been cleared to emerge from Chapter 11 following recent approval from the US Bankruptcy Court. The helicopter… Read more
Bristow announces $75 million tender offernews Alasdair Whyte 13 Aug 19 0Bristow Group has announced a cash tender offer to purchase $75 million of its secured notes maturing in 2023. The tender offer to purchase the… 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 belatedly releases 10-Q and 10-K updatesnews Alasdair Whyte 24 Jun 19 0After 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… Read more
Bristow signs new offshore contract amidst Chapter 11 proceedingsnews Alasdair Whyte 4 Jun 19 0Amidst 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… Read more
Comment: Do Bristow and PHI’s woes herald years of uncertainty for O&G operators?insight Alasdair Whyte 24 Apr 19 0Chess 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… Read more
Bristow pushes 10-Q deadline, considers bankruptcynews Alasdair Whyte 17 Apr 19 0 Bristow Group has pushed back its 10-Q filing deadline and is considering US Chapter 11 bankruptcy – according to a recent SEC Filing. The… Read more
Bristow gains extension for late Q3 results, avoids loan defaultsnews Alasdair Whyte 20 Mar 19 0Oil-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… Read more
Comment: Is Bristow as bad as it looks?insight Alasdair Whyte 5 Mar 19 0Bristow 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”… Read more
Bristow announces new CEO and CFOnews Alasdair Whyte 1 Mar 19 0Under the eyes of corporate law firms investigating Bristow for potential securities fraud, the company has just appointed a new CEO to take the helm… Read more
