Bristow Group Inc. reports developments across its global vertical flight services business, which provides aviation services to offshore energy companies and government entities. Its recurring updates cover Offshore Energy Services, Government Services and Other Services, including personnel transportation to offshore installations, search and rescue, medevac, fixed-wing transportation, unmanned systems, ad hoc helicopter services and aircraft dry leasing.
Company news also covers quarterly and annual results, Adjusted EBITDA outlook, operating cash flow, common-stock dividends and debt financing activity. Other recurring themes include government search-and-rescue contract activity, leadership changes and partnerships or test projects involving zero- and low-emission aviation technologies.
Bristow Group (NYSE: VTOL) reported third-quarter 2026 revenue of $437.9 million, with earnings and operating cash flow rising from the preceding quarter. Net income reached $27.7 million, or $0.93 per diluted share, versus $21.2 million, or $0.70. Adjusted EBITDA, a non-GAAP earnings measure, rose to $89.6 million from $79.8 million.
Government Services and Other Services revenue increased following the July acquisition of Berry Aviation, now Bristow Special Missions, while Offshore Energy Services revenue fell 2.1%. Bristow said supply-chain delays in aircraft modifications were depressing Government Services margins and expects those issues to stabilize during 2027. The company reaffirmed its 2026 adjusted EBITDA midpoint, with guidance of $300–$320 million. Quarterly operating cash flow reached $61.2 million versus $41.1 million. Bristow repurchased $25.0 million of shares and declared a $0.125 quarterly dividend.
Bristow Group (VTOL) declared a quarterly cash dividend of $0.125 per share of its common stock. The dividend is payable on November 27, 2026, to shareholders of record at the close of business on November 13, 2026.
The company intends to continue regular quarterly dividends, but subsequent dividends and their dates require the board’s final determination each quarter after reviewing financial performance.
Bristow Group (NYSE: VTOL) will release its third quarter 2026 financial results after market close on November 3, 2026.
The earnings call will begin November 4, 2026, at 10:00 a.m. ET (9:00 a.m. CT). An investor presentation will be available November 3 on the investor section of Bristow's website. A call replay will remain available through November 25, 2026.
Bristow Group (VTOL) and its partners have selected five Norwegian locations for hybrid-electric aircraft demonstrations planned to begin in 2027.
Bristow, Electra, Avinor and CAA Norway plan the first flight with Electra's EL2 technology demonstrator for the third quarter of 2027. Horvnes quay near Sandnessjøen and Kongsbergporten Business Park represent sites without established runways; Trondheim and Oslo airports represent larger hubs; Mosjøen represents a short-runway airport. The project aims to inform infrastructure, operational and regulatory requirements. The partners will next develop the detailed test program, obtain necessary approvals and prepare the locations.
Bristow Group (NYSE: VTOL) has appointed Paul Armstrong as incoming Chief Operating Officer, Government Services, succeeding Alan Corbett.
Armstrong is expected to join on February 22, 2027, after completing his current professional commitments, and will be based in the United Kingdom. Corbett plans to retire and will remain during the transition, anticipated through March 2027.
Elroy Air announced that Bristow Group (VTOL) reserved 10 additional early delivery positions for its Chaparral autonomous cargo aircraft, bringing Bristow’s total to 15.
Bristow had already secured early delivery slots for five Chaparral drones and announced a pre-order agreement for up to 100 aircraft. The expanded reservation follows autonomous, uncrewed Chaparral flight demonstrations in Houma, Louisiana under the FAA and U.S. Department of Transportation’s eVTOL Integration Pilot Program. Chaparral is an uncrewed VTOL cargo aircraft designed to carry 500+ pounds up to 450 miles without runways or charging infrastructure, using a hybrid-electric powertrain and interchangeable pods.
Kratos Defense & Security Solutions will serve as exclusive U.S. manufacturer of Chaparral at its Sacramento, California facility, with first production aircraft planned for late 2026. Elroy Air also disclosed a definitive business combination agreement with Inflection Point Acquisition Corp. VII (Nasdaq: IPXG), sponsored by a team including Cohen & Company (COHN), through which Elroy Air is expected to become publicly traded, subject to SEC review and IPAC shareholder approval.
Bristow Group (NYSE: VTOL) reported Q2 2026 revenues of $411.8 million, up from $388.7 million in Q1 2026, with net income attributable to the company rising to $21.2 million ($0.70 diluted EPS) from $13.1 million ($0.44 diluted EPS). Adjusted EBITDA increased to $79.8 million from $59.3 million, and free cash flow improved to $34.3 million from negative $12.6 million.
Offshore Energy Services delivered higher revenues and margins, while Government Services posted an operating loss impacted by penalties and fuel-cost timing. Bristow completed the $105 million all-cash acquisition of Berry Aviation, enhancing Government Services capabilities, and affirmed its 2026 Adjusted EBITDA outlook of $295–$325 million with updated segment guidance. Liquidity stood at $371.6 million, and the board declared a $0.125 per-share dividend payable August 28, 2026.
Bristow Group (NYSE: VTOL) declared a quarterly cash dividend of $0.125 per share of common stock. The dividend is payable on August 28, 2026 to shareholders of record as of the close of business on August 14, 2026. The company indicates an intention to continue regular quarterly dividends, subject each quarter to approval by its Board after reviewing financial performance.
Bristow Group (NYSE: VTOL) will release its second quarter 2026 financial results after market close on Tuesday, August 4, 2026. The company has scheduled a related earnings conference call for Wednesday, August 5, 2026 at 10:00 a.m. ET (9:00 a.m. CT), with an accompanying investor presentation to be posted on its website.
Bristow (NYSE:VTOL) announced that Project SEAN, a consortium-led Scottish Electric Aviation Network, has secured £1.5 million in funding from the UK Department for Transport to conduct electric aircraft demonstration flights across Scotland's Highlands and Islands starting in 2027.
According to Bristow, the consortium includes BETA Technologies, Electric Aviation Maven, HIAL, HITRANS and Skyports Infrastructure. A three‑month program using BETA’s all‑electric ALIA CTOL (CX300) will operate from a hub at Inverness Airport to selected regional airports, including Wick John O'Groats, to gather operational data, assess charging infrastructure and airport readiness, and develop evidence‑based recommendations for future commercial electric aviation and regional decarbonization.