MARKET COMPOSITE
VTOL - Bristow Group Inc.8:00:02 PM 4/19/2024
Price
$25.30
+ 0.26 (1.04%)
Bristow Helicopters Limited is a British civil helicopter operator originally based at Aberdeen Airport, Scotland, which is currently a part of the U.S.-based Bristow Group which in turn has its corporate headquarters in Houston, Texas, US. Bristow Helicopters was established by Alan Bristow in June 1955; two years later, it acquired its first pair of helicopters in the form of the Westland Widgeon. The company quickly expanded overseas as well as various services, including helicopter training, oil exploration, search and rescue, and charter flights. Having entered the African market in 1960, Nigeria became Bristow's biggest profit center during the 1970s. Having entered the North Sea market during the 1960s, Bristow became Aberdeen Airport's largest single employer during the 1980s and was operating the majority of offshore flights in the North Sea. The company went through repeated changes in ownership during the 1980s and 1990s, leading to its acquisition by American helicopter operator Offshore Logistics in 1996, which re-branded itself as The Bristow Group in February 2006.
Financials
Quarterly financials
(USD)Sep 2022Q/Q
Revenue298.4MM+1%
Operating Income16.6MM+36%
Operating Expenses281.8MM-
Net Income16.5MM-
G&A41.1MM+2%
Interest Expense10MM-2%
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Stock news

    Total revenues of $337.9 million in Q4 2023 compared to $338.1 million in Q3 2023

    Bristow Group Inc. (NYSE: VTOL), the leading global provider of innovative and sustainable vertical flight solutions, announced today that it has signed an agreement with Leonardo for 10 AW189 super medium helicopters plus options to purchase an additional 10 AW189 helicopters. The new AW189 helicopters will support offshore transport as well as search and rescue (SAR) missions. Bristow currently operates 21 AW189 helicopters globally, with an additional five already scheduled for delivery begin

    Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced it will release its fourth quarter and full year 2023 financial results after market close on Tuesday, March 5, 2024. In connection with the release, Bristow has scheduled a conference call for Wednesday, March 6, 2024, to begin at 9 a.m. ET (8 a.m. CT).

    The Helicopter and Jet Company (THC), Saudi Arabia's premier provider of commercial helicopter services and fully owned by the Public Investment Fund (PIF), today announced the signing of a Memorandum of Understanding (MOU) with Bristow Arabia Aircraft & Maintenance Services, a subsidiary of Bristow Group Inc. (NYSE: VTOL), the leading global provider of innovative and sustainable vertical flight solutions. The two companies plan to work together on advanced air mobility (AAM) initiatives in the

    Bristow Ireland Limited, a subsidiary of Bristow Group Inc. (NYSE: VTOL), the leading global provider of innovative and sustainable vertical flight solutions, has received its Air Operator Certificate (AOC) from the Irish Aviation Authority (IAA), marking a significant step towards the next generation of Coast Guard search and rescue aviation services in Ireland.

    Bristow Group Inc. (NYSE: VTOL) and its subsidiaries announced today that it has entered into a new twelve-year secured equipment financing for an aggregate amount up to £55 million with a syndicate of banks led by National Westminster Bank Plc ("NatWest"). The proceeds from the financing will be used to support Bristow's capital commitments related to the 2nd generation UK search and rescue ("UKSAR2G") contract with the Department for Transport and the Maritime & Coastguard Agency of the United

    Bristow Group Inc. (NYSE: VTOL) announced today that Shefali Shah has been appointed to its Board of Directors. The appointment to the new director position is effective immediately.

    Following the successful first flights of Electra.aero, Inc.'s (Electra) eSTOL technology demonstrator aircraft, Bristow Group Inc. (NYSE: VTOL), the leading global provider of innovative and sustainable vertical flight solutions, secured early delivery positions for five of Electra's hybrid-electric short takeoff and landing (eSTOL) production aircraft by executing a deposit agreement. Bristow signed a Memorandum of Understanding (MOU) with Electra in 2021 to be the principal launch operational

    HOUSTON, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, announced today the appointment of Edward Chipman (“Chip”) Earle as Executive Vice President, General Counsel, Chief Administrative Officer, Chief Compliance Officer and Corporate Secretary, effective November 27th. Mr. Earle will succeed Executive Vice President Peter R. Buchler, who is retiring from Orion after 15 years of service. Mr. Earle joins Orion f

    Total revenues of $338.1 million in Q3 2023 compared to $319.4 million in Q2 2023