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
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 pre-orders up to 50 Butterfly eVTOLs in Overair dealnews Mike Stones 22 Dec 21 0Helicopter operator Bristow has pre-ordered between 20 and 50 Butterfly five-seat passenger eVTOLs as part of a new partnership with Californian start-up Overair. A piloted,… 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 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
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
Exclusive: Chris Bradshaw explains how ERA is staying afloat during the downturninsight Alasdair Whyte 16 Aug 19 0Now is not the best of times to be a helicopter operator in the oil and gas market. Even the giants of the market are… Read more
Era Group Celebrates 70 Years of Servicenews Alasdair Whyte 16 Feb 18 0Era Group Inc., one of the largest helicopter operators in the world and the longest serving helicopter transport operator in the United States, is pleased… Read more
Erickson files for Chapter 11, Lombard lends to Bristowinsight Rianne West 17 Nov 16 0One step forward, one step back. Just as CHC prepares to exit from Chapter 11 early next year, Erickson has entered. Like CHC, Erickson’s filing… Read more
Era raises margin despite tough marketinsight Alasdair Whyte 11 Aug 15 0“To paraphrase Mark Twain, reports on the death of the Gulf of Mexico offshore market have been greatly exaggerated. At least as it relates to… Read more
Era Group expands S-92 fleet and opens a super basenews Terry Spruce 29 Jun 15 0Era Group has taken delivery of its second S-92 helicopter ALSO READ: Record year for Era Group, but getting tougher In January 2014, Era signed… Read more
Plenty of helicopter finance despite oil priceinsight Alasdair Whyte 12 May 15 0You already know the quote about bankers and umbrellas. It does not apply at the moment. A barrel of Brent Crude may only be $65.… Read more
Record year for Era, but getting toughernews Alasdair Whyte 12 May 15 0Era Group had a record year in 2014 with adjusted earnings of $84.7 million against adjusted earnings of $77 million in 2013. But despite the… Read more