Tag: Bristow

Bristow secures early delivery positions with deposit for five Electra eSTOL aircraft

Following the successful first flights of Electra.aero, Inc.'s (Electra) eSTOL technology demonstrator aircraft, Bristow Group Inc., the leading global provider of innovative and sustainable vertical flight solutions, secured early delivery positions for five of Electra's hybrid-electric short takeo...

Bristow secures early delivery positions for five Elroy Air Chaparral Aircraft

Bristow Group Inc., the world's leading global provider of innovative and sustainable vertical flight solutions, has reserved early delivery slots for five of Elroy Air's vertical take-off and landing (VTOL) cargo systems, the Chaparral. Bristow signed a Letter of Intent (LOI) with Elroy Air to p...

Bristow & Volocopter Partner to Bring UAM Services to U.S. and U.K.

Bristow Group Inc., the leading global provider of innovative and sustainable vertical flight solutions, and Volocopter, the pioneer of Urban Air Mobility (UAM), have signed an agreement to explore and develop passenger and cargo services for electric vertical takeoff and landing (eVTOL) aircraft in...

Bristow and Overair form strategic partnership to introduce Butterfly

Overair, Inc., developer of electric vertical take-off and landing (eVTOL) vehicles, has announced they signed a Memorandum of Understanding (MOU) with Bristow Group Inc., the world's leading global provider of innovative and sustainable vertical flight solutions to government and civil organizatio...

Bristow announces executive leadership team reorganization

Bristow Group Inc. has announced changes to its executive leadership team structure. The changes are effective April 1st, as the Company begins its new fiscal year. "As we continue to make progress on post-merger integration, we are reorganizing Bristow's executive leadership team to enable...

Bristow becomes first UK helicopter operator to achieve major international safety standard

Bristow Group Inc. is the first helicopter operator in the UK to achieve a new mandatory international aviation safety standard designed to ensure the airworthiness of its aircraft, underscoring the Company's commitment to safety and industry leadership. Bristow was notified it officially achiev...

Bristow Group to raise $400M debt capital

Bristow Group Inc. announced today that it has commenced, subject to market conditions and other factors, a private offering of $400 million aggregate principal amount of senior secured notes due 2028 to eligible purchasers pursuant to Rule 144A and Regulation S under the Securities Act of 1933,...

Bristow could owe Columbia Helicopters $20 million in contract termination fees

Bristow could owe Columbia Helicopters $20 million in contract termination fees

[caption id="attachment_11525" align="alignleft" width="300"] Columbia Helicopters[/caption] Plans to buy Columbia Helicopters have stalled due to falling stock prices for Bristow Group. Under the plan, Bristow would acquire Columbia for $560 million in a cash/debt/stock deal that was expec...

Bristow secures contract extension in Norwich for further three years

Bristow Group, Inc. today announced a three-year contract extension from Perenco UK Ltd. The extension covers seven-day-a-week coverage in the UK Southern North Sea through December 2021. Under the three-year extension, Bristow will provide world-class performance coupled with a tailored aviation...

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