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Bristow Group Inc (N:VTOL)

Business Focus: Oil Related Services and Equipment

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.