Bristow Group Inc. Company News

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Bradshaw to Lead Bristow and Era Merged Firm
Thursday, May 14, 2020Bristow Group and Era Group announced the new executive leadership team and global organizational structure that will take effect when the companies merge.

Bristow Americas Aids in COVID-19 Transport Effort
Wednesday, March 25, 2020This photo shows one of Bristow's rescue helicopters. PHOTO SOURCE: Bristow Group, Inc.

ConocoPhillips Extends Bristow Contracts
Wednesday, February 12, 2020This photo shows a Bristow S-92 aircraft on the ramp at ConocoPhillips' Ekofisk platform in the North Sea. PHOTO SOURCE: Bristow Group, Inc.

Helicopter Operators Set For Take-Off As Oil Drilling Picks Up
Tuesday, June 03, 2014A pickup in offshore drilling is swelling the orderbooks of the handful of helicopter operators that shuttle oil workers to and from remote rigs.

Bristow Lands Statoil Contract
Tuesday, April 19, 2011Statoil has awarded Bristow Norway a new contract for offshore helicopter services running from Stavanger Airport, Norway.

Bristow Group Appoints CFO
Tuesday, September 14, 2010Bristow Group announced that Jonathan E. Baliff has been appointed to the position of Senior Vice President and Chief Financial Officer, commencing October 11th, 2010.

Bristow Group Clinches $1.3B in Long-Term Contracts
Thursday, September 09, 2010Bristow Group has secured new contracts for work in the UK North Sea, Norway and Malaysia potentially worth in excess of $1.3B in revenue.

Bristow Appoints New Director of European Ops
Thursday, July 22, 2010Mike Imlach, who was previously Director of Bristow's Nigerian Business Unit, has been appointed as the Director of European Operations.

Bristow Group Updates Impact of Drilling Moratorium
Thursday, June 10, 2010Bristow Group provided an update on the impact of the ongoing deepwater oil spill and the recently announced 180-day moratorium on deepwater drilling in the Gulf of Mexico on its activity in the U.S. Gulf of Mexico.

Bristow Group Strengthens Organizational Structure
Monday, December 28, 2009Bristow Group has announced changes and improvements in its organizational structure designed to improve operations and financial performance.

C.K. Cooper & Co Initiates Coverage of Bristow Group
Wednesday, December 16, 2009C. K. Cooper & Company, an independent, full-service investment bank, headquartered in Irvine, Calif., announced today that it has initiated coverage of Bristow Group, Inc.

Bristow Group Purchases 3 New Helicopters
Tuesday, September 22, 2009Bristow Group has purchased three new AW139 medium twin engine helicopters and options for additional AW139 purchases from AgustaWestland.

Bristow Promotes Elizabeth Brumley to CFO
Monday, August 10, 2009Bristow announced that Elizabeth D. Brumley has been promoted to the position of Chief Financial Officer, effective immediately.

Bristow Group's Posts Fiscal 2010 First Quarter Results
Thursday, August 06, 2009"Bristow is pleased with our June 2009 quarter results as we continue to experience good activity levels in a number of markets including Nigeria, the North Sea and Brazil," said William E. Chiles, Bristow Group's President and CEO.

Bristow Snaps Up 42.5% of Brazil's Largest Helicopter Services Co
Wednesday, May 27, 2009Bristow has acquired 42.5% of Lider Aviacao Holding S.A. 'Lider', Brazil's largest provider of helicopter and executive aviation services.

Bristow Group Declares Quarterly Dividend
Friday, May 22, 2009Bristow Group has declared a quarterly dividend of $0.6875 per share of Mandatory Convertible Preferred Stock issued and outstanding at the close of business on June 1, 2009.

Bristow Group Posts Financial Results for Fiscal Year 2009
Thursday, May 21, 2009Bristow Group has reported financial results for the fiscal year 2009 fourth quarter and year-ended March 31, 2009.

Bristow Group Appoints Acting Chief Financial Officer
Tuesday, April 14, 2009Bristow Group has appointed Elizabeth R. Brumley as Acting Chief Financial Officer following the departure of Perry L. Elders, Executive VP and CFO, effective April 30.

Bristow Helicopter Services Reevaluates to Reduce Company Costs
Monday, March 23, 2009Bristow will evaluate and prioritize its capital expenditures as a result of the continuing decline in the demand for its helicopter services primarily in the exploration and development sector.

Bristow to Boost Aviation Safety with Bar-Coding Tools
Tuesday, February 03, 2009Bristow, the leading supplier of helicopter services globally, is pioneering a unique initiative to boost aviation safety by introducing bar-coding to their tool control.

Revenues Increase 17% for Bristow Group
Thursday, November 06, 2008Bristow Group has reported financial results for the three months ended September 30, 2008, which is the Company's fiscal 2009 second quarter.

Bristow Sells 53 Aircraft, Related Assets Operating in GOM
Thursday, August 07, 2008Bristow Group executed an agreement to see 53 single-engine aircraft and related assets operating in the U.S. Gulf of Mexico to Rotorcraft Leasing Co. for $65 million.

Bristow Group Names Sikka VP, Global Business Development
Tuesday, May 13, 2008Bristow Group Inc., a leading provider of helicopter services to the offshore energy industry, announced that Meera Sikka will join the Company as Vice President - Global Business Development effective June 1.

Bristow Group Extends Helicopter Services in Nigeria
Monday, March 24, 2008William E. Chiles, President and Chief Executive Officer, said, "This contract extension is another significant step toward achieving our goal of improved operating margins for our business in Nigeria."

Bristow Renegotiates Nigeria Contract
Monday, November 26, 2007Bristow Group has renegotiated a $109 million contract with a major customer in Nigeria to include both retroactive and future rate increases.

Bristow Group Declares Dividend
Tuesday, November 20, 2007Bristow Group has declared a dividend of $0.68750 per share of Mandatory Convertible Preferred Stock issued and outstanding at the close of business on December 1, 2007.

Bristow Expands Training Division
Thursday, November 15, 2007Bristow Group has acquired Vortex Helicopters for $2.5 million as part of the expansion of Bristow's Global Training Division.

Bristow Group Closes Senior Notes Offering
Wednesday, November 14, 2007Bristow Group has closed its private offering of $50 million of senior notes due 2017.

Bristow Group Prices Senior Notes
Thursday, November 08, 2007Bristow announced the pricing of its private offering of $50 million of senior notes due 2017.

Bristow Goes on Helicopter Shopping Spree
Wednesday, October 03, 2007Bristow Group and Sikorsky Aircraft Corporation have exercised options to acquire an additional four S-92(R) helicopters and three S-76C++(TM) helicopters with a combined value of more than $100 million.

Bristow Renegotiates Two Existing Nigerian Contracts
Monday, October 01, 2007Bristow Group has renegotiated two different contracts with one major customer in Nigeria to extend the term of the contracts, which include rate increases.

Bristow Settles Nigerian Charges
Thursday, September 27, 2007Bristow Group has consented to the issuance of an administrative cease-and-desist order by the Securities and Exchange Commission, in final settlement of a previously disclosed investigation.

Bristow Group to Open New Global Training Division in Aberdeen
Friday, September 21, 2007Bristow Group is continuing its investment in the Company's new Global Training Division with the purchase from Frasca International of the latest full-flight, state-of-the-art flight simulators for Eurocopter EC225 and Sikorsky S-92 aircraft.

Bristow Taps Ware to Lead Global HR
Tuesday, August 07, 2007Bristow Group has appointed Ms. Hilary Ware as Vice President, Global Human Resources.

Bristow Prices Senior Notes Offering
Friday, June 08, 2007Bristow Group Inc. has priced its private offering of $300 million of senior notes due 2017. The notes priced at par and will carry an interest rate of 7 1/2%.

Bristow Reports Record Earnings for Q4, 2006
Wednesday, May 23, 2007Bristow Group Inc. on Tuesday reported record financial results for its fiscal 2007 fourth quarter and year ended March 31, 2007.

Bristow to Add Helicopters to Fleet
Wednesday, April 04, 2007Bristow Group Inc. said late Tuesday that it had exercised options under its Helicopter Sales Agreement with Sikorsky Aircraft Corporation to purchase four additional S-92 helicopters.

Bristow Announces New Officers, Donaldson Retirement
Friday, March 30, 2007Bristow Group Inc. has appointed Michael J. Simon as Senior Vice President of Production Management and Mark H. Frank as Vice President of Planning.

Bristow to Buy Flight School
Thursday, March 01, 2007Bristow Group Inc. has entered into an agreement to purchase 100% of the stock of Helicopter Adventures, Inc., a leading flight training provider, for approximately $15 million plus debt of approximately $5 million.

Bristow Announces Preferred Stock Dividend
Thursday, February 22, 2007Bristow Group Inc. announced lat Wednesday that its Board of Directors has declared a dividend of $0.68750 per share of Mandatory Convertible Preferred Stock issued and outstanding at the close of business on March 1, 2007.

Bristow's Earnings Climb 30%
Tuesday, November 07, 2006Bristow Group Inc. on Tuesday reported financial results for its fiscal 2007 second quarter and six months ended September 30, 2006.

North Sea Contract Extended for Bristow
Friday, October 06, 2006Bristow Group has received an extension of its existing contract in the North Sea with Integrated Aviation Consortium for the provision of helicopter transportation services to offshore facilities both East and West of the Shetland Islands.

Bristow's Underwriters Exercise Over-Allotment Option
Friday, October 06, 2006Bristow Group says that the underwriters for the recently completed public offering by Bristow have exercised their option to purchase an additional 600,000 shares of 5.5% mandatory convertible preferred stock to cover over-allotments.

Bristow Prices Previously Announced Stock Offering
Thursday, September 14, 2006Bristow Group Inc. has priced its previously announced public offering of $200 million of 5.5% mandatory convertible preferred stock. Bristow expects the net proceeds from this offering will be $193.7 million

Bristow Group to Offer $200 Million in Stock
Tuesday, September 12, 2006Bristow Group is commencing a public offering of $200 million of mandatory convertible preferred stock. Some of the proceeds will be used to fund the acquisition of five large aircraft under options it intends to exercise before September 30th.

Bristow Looks to Raise $230M
Monday, August 21, 2006Bristow Group Inc. on Friday announced the filing of a Form S-1 Registration Statement for a proposed offering of $230 million of mandatory convertible preferred stock, including $30 million subject to the underwriters' over-allotment option.

Bristow Group Wins Pemex Contract
Monday, June 26, 2006Bristow Group's Mexico joint venture has been awarded a two-year contract by Pemex for three helicopters.

Bristow Group Reports Fiscal 2006 4Q & Year-End Results
Friday, June 09, 2006Bristow Group Inc. reported financial results for its fiscal 2006 fourth quarter and year ended March 31, 2006.

Woodside Awards Contract to Bristow Helicopters
Thursday, June 08, 2006Woodside Energy has awarded a contract to The Bristow Group to provide helicopter services in support of their forthcoming drilling campaigns in Kenya and Australia.

Offshore Industry Faces Potential Shortage of Helicopter Resources
Monday, May 29, 2006The continuing upsurge in oil and gas activity is leading to increasing difficulty in supplying helicopter services for the offshore industry, and a potential shortage of aircraft.