Bristow Group Inc Stock Price, News & Analysis

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.

Bristow Group (NYSE: VTOL), a global leader in vertical flight solutions, has scheduled its fourth quarter and full year 2024 earnings release for February 26, 2025, after market close. The company will host a conference call on February 27, 2025, at 10:00 a.m. ET to discuss the results.

Investors can participate in the call through a pre-registration link, and a replay will be available until March 20, 2025. The company will also make its investor presentation available on the investor section of its website on February 27, 2025.

Bristow Group (NYSE: VTOL) and Leonardo have finalized long-term agreements for enhanced fleet support and training of AW139 and AW189 helicopters extending into the next decade. The package includes enhanced Power-by-the-Hour maintenance agreements, simulator training in Aberdeen, and the introduction of a new AW139 flight simulator by 2026. Bristow will add four new AW189 helicopters to its offshore energy services fleet in 2025-2026. The agreements cover global fleet support with KPIs, inventory management, training, and Health and Usage Monitoring Systems.

Bristow Group (NYSE: VTOL) reported Q3 2024 results with total revenues of $365.1 million, up from $359.7 million in Q2 2024. Net income remained stable at $28.2 million ($0.95 per diluted share). The company raised its 2024 Adjusted EBITDA outlook range to $220-$230 million. Operating revenues increased by $3.9 million sequentially, with government services up $5.8 million and fixed wing services up $3.6 million, while offshore energy services declined $4.8 million. Operating expenses increased $16.3 million, primarily due to higher personnel costs, including a $6.5 million UK labor agreement impact.

Bristow Group (NYSE: VTOL), a global leader in vertical flight solutions, has scheduled its third quarter 2024 earnings release for Tuesday, November 5, 2024, after market close. The company will host a conference call on Wednesday, November 6, 2024, at 10:00 a.m. ET to discuss the results. Investors can register early for the call through a provided link. A replay will be available until November 27, 2024, and the investor presentation will be accessible on the company's website on November 6.