Sector: Energy | Industry: Oil Related Services and Equipment |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 3151 Briarpark Drive, Suite 700 HOUSTON TX 77042 |
Tel: | N/A |
Website: | https://www.bristowgroup.com |
IR: | See website |
Key People | ||
Christopher Scott Bradshaw President, Chief Executive Officer, Director | Jennifer D. Whalen Chief Financial Officer, Senior Vice President | David F. Stepanek Executive Vice President, Chief Transformation Officer |
Elizabeth Matthews Senior Vice President, General Counsel, Head of Government Affairs and Corporate Secretary | Donna Anderson Chief Accounting Officer, Vice President | Alan William George Corbett Chief Operating Officer - Government Services | Stuart Stavley Chief Operating Officer - Offshore Energy Services |
Business Overview |
Bristow Group Inc. is a provider of vertical flight solutions. The Company primarily provides aviation services to a broad base of offshore energy companies and government entities. Its aviation services include personnel transportation, search and rescue (SAR), medevac, fixed-wing transportation, unmanned systems, and ad-hoc helicopter services. The global aviation service includes four regions: Europe, the Americas, Africa and Asia Pacific. The Company owns and operates three classes of helicopters, such as heavy helicopters, medium helicopters, and light helicopters. It operates a modern fleet of AW139, AW189 and S-92 specially equipped SAR aircraft. It serves customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, the Falkland Islands, India, Ireland, the Kingdom of Saudi Arabia, Mexico, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad, the United Kingdom and the United States. The Company's fleet includes 220 aircraft located across 17 different countries. |
Financial Overview |
For the three months ended 31 March 2024, Bristow Group Inc revenues increased 12% to $337.1M. Net income totaled $6.6M vs. loss of $1.5M. Revenues reflect Americas segment increase of 23% to $97M, Europe segment increase of 8% to $186.4M, Africa segment increase of 19% to $34.3M. Net Income reflects Aviation services segment income increase from $6M to $22.8M, Americas segment income increase from $9.3M to $19.7M. |