Bristow Group Inc Stock Price, News & Analysis

Bristow Norway AS, a subsidiary of Bristow Group (NYSE:VTOL), has conducted the first flight of BETA Technologies' all-electric ALIA CX300 aircraft at Stavanger Airport, launching Norway's Test Arena for Zero & Low Emission Aviation. The demonstration flights, in collaboration with Avinor and CAA Norway, mark a significant step toward integrating Advanced Air Mobility (AAM) in the Nordic region.

The test program will span several months, initially operating routes between Stavanger and Bergen airports, with potential expansion across Norway. The ALIA CX300 aircraft completed a remarkable 6,976 km journey across seven EU countries before arriving in Norway. This initiative represents Norway's commitment to sustainable aviation, with BETA-trained Bristow crews piloting and maintaining the aircraft throughout the six-month regulatory sandbox evaluation project.

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Bristow Group (NYSE:VTOL) reported strong Q2 2025 financial results, with total revenues of $376.4 million, up from $350.5 million in Q1 2025. The company achieved net income of $31.7 million ($1.07 per diluted share), compared to $27.4 million ($0.92 per diluted share) in Q1.

Highlighting improved performance, Bristow raised its 2025 Adjusted EBITDA guidance to $240-$260 million and 2026 Adjusted EBITDA outlook to $300-$335 million. The company initiated accelerated debt payments and commenced share repurchases, buying back 119,841 shares at an average cost of $32.41 per share.

Segment performance showed growth across all divisions, with Offshore Energy Services revenues up 5.4%, Government Services up 7.6%, and Other Services up 25.5%. The company maintained strong liquidity with $316.5 million available, including $251.8 million in unrestricted cash.

Bristow Group (NYSE: VTOL), a global leader in vertical flight solutions, has scheduled its second quarter 2025 earnings release for Tuesday, August 5, 2025, after market close.

The company will host a conference call on Wednesday, August 6, 2025, at 10:00 a.m. ET to discuss the results. Investors can access the call through a pre-registration link, and the presentation materials will be available on Bristow's website. A replay will be accessible until August 27, 2025.

Bristow Group (NYSE: VTOL), a global vertical flight solutions provider, released its 2024 Sustainability Report highlighting significant achievements. The company's UK Search and Rescue team conducted 2,870 missions, rescuing 470 people. Safety improvements led to a 32% reduction in lost workdays during 2024. Key sustainability initiatives include an agreement to purchase 10 Leonardo AW189 helicopters (with options for 10 more) that support reduced CO₂ emissions and SAF usage. Bristow expanded its SAR operations to Ireland and achieved ISO 14001 certification there. The company signed an agreement to participate in Norway's zero- and low-emission aviation testing. Through Bristow Uplift, the company donated $600,000 to local communities in 2024. Additional initiatives include implementing a human rights supplier commitment process in Norway and adopting a generative AI policy.

Bristow Group (NYSE: VTOL) reported Q1 2025 results with total revenues of $350.5 million, slightly down from $353.5 million in Q4 2024. Net income was $27.4 million ($0.92 per diluted share), compared to $31.8 million ($1.07 per diluted share) in Q4 2024. Adjusted EBITDA remained stable at $57.7 million. The company affirmed its 2025 Adjusted EBITDA outlook range of $230-$260 million and 2026 outlook range of $275-$335 million. Working capital used $56.4 million due to increased accounts receivables and inventory. The company's performance is supported by its stable Government Services business, focus on production support activities in Offshore Energy Services, and diverse geographic markets. Bristow maintains $254.3 million in total liquidity, including $191.1 million in unrestricted cash.

Bristow Group (NYSE: VTOL), a global leader in vertical flight solutions, has scheduled its first quarter 2025 earnings release for Tuesday, May 6, 2025, after market close. The company will host a conference call on Wednesday, May 7, 2025, at 10:00 a.m. ET (9:00 a.m. CT).

Investors can participate through an online registration link, with replay access available until May 28, 2025. The company will also make its investor presentation available on May 7, 2025, through the investor section of their website at bristowgroup.com.

Sikorsky and Bristow Group (NYSE: VTOL) have announced a significant long-term agreement to enhance support for Bristow's fleet of over 60 S-92® helicopters. The deal includes Sikorsky's Total Assurance Program (TAP), providing aftermarket support and predictable operating costs.

The comprehensive package includes:

• Power-by-the-Hour agreement for offshore energy and search/rescue operations
• Coverage for over 90% of replacement parts costs
• Enhanced global fleet support through Sikorsky's worldwide network
• Access to Sikorsky360 customer portal

Sikorsky has also unveiled the S-92 Phase IV main gearbox with an auxiliary lubrication system, pending FAA certification in 2025. The company has increased inspection intervals and offered a one-time life extension for specific main gearbox housings, potentially adding 12-24 months of service life for operators.

Norway has signed its first formal agreement to establish an international test arena for zero- and low-emission aviation. The agreement, signed on March 4, 2025, at Bergen Airport, involves BETA Technologies and Bristow Norway AS.

The initiative will begin with demonstration cargo flights using BETA's ALIA CX300 aircraft between Stavanger and Bergen airports starting in late summer 2025. The aircraft has received FAA certification for VFR, IFR, day and night flying.

The Norwegian government has allocated one billion kroner through the National Transport Plan 2025-2036 to accelerate the transition to zero- and low-emission aviation. Infrastructure preparations include the procurement of fast chargers at Bergen and Stavanger airports, with installation deadlines of June 1 and August 15, respectively.

Bristow Group (NYSE: VTOL) reported strong Q4 2024 financial results, exceeding their upwardly revised outlook. The company achieved net income of $31.8 million ($1.07 per diluted share) in Q4 2024, up from $28.2 million in Q3 2024. Full-year 2024 results showed net income of $94.8 million on revenues of $1.4 billion, with Adjusted EBITDA of $236.8 million beating the outlook range of $220-230 million.

The company announced a new capital allocation framework including: debt reduction to approximately $500 million by end of 2026, pursuit of growth opportunities, and shareholder returns through a new quarterly dividend program starting Q1 2026 ($0.125 per share) and a $125 million share repurchase program.

Bristow restructured its reporting into three segments: Offshore Energy Services, Government Services, and Other Services. The Offshore Energy segment showed strong performance with increased rates and utilization, while Government Services faced some transition costs and challenges with new contracts.