Bristow gains extension for late Q3 results, avoids loan defaults news Alasdair Whyte 20 Mar 19 0 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… Read more
Comment: Is Bristow as bad as it looks? insight Alasdair Whyte 5 Mar 19 0 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”… Read more
Bristow announces new CEO and CFO news Alasdair Whyte 1 Mar 19 0 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… Read more
Pomerantz joins Bristow Group investigation news Alasdair Whyte 25 Feb 19 0 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… Read more
A new law firm joins Bristow investigation news Alasdair Whyte 21 Feb 19 0 Just days after three law firms announced they were investigating Bristow Group for potential violations of securities laws; another shareholders’ rights law firm, Robbins Arroyo,… Read more
Stephen A. King resigns as Bristow Director news Alasdair Whyte 20 Feb 19 0 In 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 0 Bristow 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 investigation news Alasdair Whyte 18 Feb 19 0 Following 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 day news Alasdair Whyte 12 Feb 19 0 Long 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 delayed news Alasdair Whyte 9 Jan 19 0 Following 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
Bristow Group to combine with Columbia Helicopters In a $560 Million transaction news Terry Spruce 14 Nov 18 0 Houston, 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 buys Columbia Helicopters, loses Baliff news Alasdair Whyte 10 Nov 18 0 Bristow 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 costs news Alasdair Whyte 17 Sep 18 0 Oil 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
Bristow closes $350 million offering news Alasdair Whyte 9 Mar 18 0 Bristow 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 RCF news Alasdair Whyte 23 Feb 18 0 British 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 quarter news Alasdair Whyte 13 Nov 17 0 Bristow 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 sells flight academy operations news Alasdair Whyte 13 Nov 17 0 Bristow has sold all of its flight academy operations in Titusville, Florida, and Minden, Nevada, to help improve its returns, liquidity and credit quality during a… Read more
Bristow downsizes in light of “challenging market conditions” news Alasdair Whyte 26 Sep 17 0 Bristow 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 Contracts news Alasdair Whyte 22 Sep 17 0 Bristow 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
Bristow Helicopters wins search and rescue award news Alasdair Whyte 13 Sep 17 0 Rescuing a surfer stranded at sea for 32 hours has won Bristow Helicopters a Sikorsky Winged-S Rescue Award. The award was presented by Sikorsky yesterday… Read more