Stephen A. King resigns as Bristow Directornews Alasdair Whyte 20 Feb 19 0In an 8-K filing yesterday, Bristow Group disclosed that its director Stephen A. King has resigned as director and has stepped down from the board.… 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 under investigationnews Alasdair Whyte 18 Feb 19 0Following on from weak Q3 results, the departure of its CEO and the collapse of a proposed $560 million acquisition, helicopter operator Bristow Group is… Read more
Bristow announces late Q3 results, cancels Columbia deal and announces CEO’s retirement on same daynews Alasdair Whyte 12 Feb 19 0Long considered a star of the offshore helicopter market until oil prices collapsed in August 2016, Bristow Group announced on 11 February the late filing… Read more
Bristow/Columbia acquisition delayednews Alasdair Whyte 9 Jan 19 0Following the announcement that Bristow would be acquiring Columbia Helicopters – Bristow has since delayed the acquisition. The Group initially planned to complete the purchase… Read more
What went wrong at Waypoint Leasing?news Alasdair Whyte 5 Dec 18 0When Waypoint Leasing launched in 2014 it appeared to have all the ingredients that a business needs to succeed. There was an experienced management team… Read more
Why 2018 is a year of change for helicopter leasinginsight Alasdair Whyte 24 Nov 18 0The year 2014 was clearly the top of the cycle, 2018 is now showing all the signs of being the turning point for offshore helicopters.… Read more
Bristow buys Columbia Helicopters, loses Baliffnews Alasdair Whyte 10 Nov 18 0Bristow 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… Read more
Bristow announces organisational changes to cut costsnews Alasdair Whyte 17 Sep 18 0Oil and gas operator Bristow is taking steps to streamline operations and reduce costs by eliminating the role of vice president and chief safety officer.… Read more
Jeremy Akel joins Milestonenews Alasdair Whyte 13 Jun 18 0Jeremy Akel has been appointed as the executive vice president of commercial aviation at Milestone after leaving Bristow in 2016. Mr Akel will take up… Read more
Bristow closes $350 million offeringnews Alasdair Whyte 9 Mar 18 0Bristow has completed its private $350 million notes offering, offering the group greater financial certainty though higher costs. The issue had initially been set as… Read more
Bristow offers up $300 million secured notes, issues new RCFnews Alasdair Whyte 23 Feb 18 0British helicopter operator Bristow has announced a $300 million private note offering and a new $75 million revolving credit facility to complement it. The offering… 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
Bristow downsizes in light of “challenging market conditions”news Alasdair Whyte 26 Sep 17 0Bristow is reducing the size of its board due to “challenging market conditions”. The helicopter operator will be downsizing its board from 11 to ten… Read more
Bristow renews Barents Sea Contractsnews Alasdair Whyte 22 Sep 17 0Bristow Norway has renewed contracts for two S92s with Norwegian operators Eni Norge and Statoil to be operated on the Barents Sea. Statoil and Eni… Read more
Sikorsky celebrates one year Stavanger FSL openingnews Alasdair Whyte 19 Sep 17 0Sikorsky is celebrating the first year of operations at its Stavanger Forward Stocking Location (FSL). Stavanger is home to one of the largest Sikorsky S-92… Read more
Coastguard introduces AW189 to Prestwicknews Alasdair Whyte 7 Aug 17 0HM Coastguard Search and Rescue (SAR) has introduced two new AgustaWestland 189s at its Prestwick base. The AW189s are outfitted in a SAR configuration and… Read more
HM Coastguard operating New AW189 SAR.news Alasdair Whyte 3 Apr 17 0The HM Coastguard search and rescue has started flying the new Leonardo AW189 helicopter for SAR operations. The helicopter will be operated out of the… Read more
Bristow subsidary enters $200 million agreement with Macquarie Banknews Alasdair Whyte 7 Feb 17 0A subsidiary of Bristow Group has entered a $200 million loan agreement with Macquarie Bank. The financing will be secured by 20 oil and gas… Read more
Bristow Group sees net loss of $21.9 million for Q3news Alasdair Whyte 7 Feb 17 0Bristow Group reported a GAAP net loss of $21.9 million for the quarter ending 31 December 2016. This is down from $3.2 million in December… Read more
