STOCK TITAN
  1. Home
  2. News
  3. VTOL

Bristow Group Inc. - VTOL STOCK NEWS

Welcome to our dedicated news page for Bristow Group (Ticker: VTOL), a resource for investors and traders seeking the latest updates and insights on Bristow Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bristow Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bristow Group's position in the market.

News
Bristow Group Announces First Quarter 2024 Investor Call
Rhea-AI Summary
Bristow Group Inc. (NYSE: VTOL) has announced the release of its first quarter 2024 financial results and selected financial outlook for 2025 and 2026. A conference call is scheduled for May 8, 2024, following the market close on May 7, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.68%
Tags
earnings
-
News
Bristow Group Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Bristow Group Inc. (NYSE: VTOL) achieves an increased outlook for 2023 and affirms its outlook for 2024. Despite a net loss in Q4 2023, the company reported total revenues of $337.9 million and adjusted EBITDA of $46.0 million. The CEO expressed condolences for a tragic accident and highlighted strategic growth in government and offshore energy services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.62%
Tags
earnings
-
News
Bristow Upgrades Fleet with New AW189 Helicopters to Meet Customer Demand and Boost Profitability
Rhea-AI Summary
Bristow Group Inc. (NYSE: VTOL) expands its fleet with 10 new AW189 helicopters to drive EBITDA growth and enhance operational efficiency. The helicopters will offer superior performance, lower CO2 emissions, and support offshore transport and search and rescue missions. The deliveries will span from 2025 to 2028, showcasing Bristow's commitment to sustainability and customer needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
Tags
none
News
Bristow Group Announces Fourth Quarter and Full Year 2023 Earnings Release Call
Rhea-AI Summary
Bristow Group Inc. (NYSE: VTOL) will release its fourth quarter and full year 2023 financial results on March 5, 2024, followed by a conference call on March 6, 2024. Investors can participate in the call and access the replay through a provided link. The investor presentation will be available on the company's website on March 6, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
Tags
earnings
-
News
Bristow and The Helicopter Company Form Strategic Partnership to Explore Advanced Air Mobility Opportunities
Rhea-AI Summary
The Helicopter and Jet Company (THC), fully owned by the Public Investment Fund (PIF) of Saudi Arabia, has signed a Memorandum of Understanding (MOU) with Bristow Arabia Aircraft & Maintenance Services, a subsidiary of Bristow Group Inc. (NYSE: VTOL), to collaborate on advanced air mobility initiatives in Saudi Arabia and other vertical lift projects. This partnership aims to drive innovation and sustainability in the vertical aviation sector, positioning THC as a regional leader and global player.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
Tags
partnership
-
News
Bristow Takes Significant Step Towards Next Generation of Coast Guard Search and Rescue Aviation Services in Ireland
Rhea-AI Summary
Bristow Ireland Limited, a subsidiary of Bristow Group Inc. (NYSE: VTOL), has received its Air Operator Certificate (AOC) from the Irish Aviation Authority (IAA), marking a significant step towards the next generation of Coast Guard search and rescue aviation services in Ireland. The AOC approval required Bristow to demonstrate that its AW189 aircraft meets the Irish regulator's requirements for safe and compliant operations, submit detailed documentation for continued airworthiness, and carry out a proving flight in Ireland. With over 75 years of global experience, Bristow is well-prepared for the new service, with TOEXCEL Ireland Limited working in parallel for the award of a fixed-wing AOC. Bristow now has Air Operating Certificates covering 11 jurisdictions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
Tags
none
News
Bristow Enters Into New Long-term Equipment Financing for up to £55 Million
Rhea-AI Summary
Bristow Group Inc. secures a new £55 million credit facility for the UK search and rescue contract, strengthening its financial position and supporting continued growth and success. The financing will be used for capital commitments related to the 2nd generation UK search and rescue contract with the Department for Transport and the Maritime & Coastguard Agency of the United Kingdom.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
Tags
none
-
News
Bristow Group Appoints Shefali Shah to its Board of Directors
Rhea-AI Summary
Bristow Group Inc. (NYSE: VTOL) appoints Shefali Shah, a seasoned executive with a background in legal and corporate management, to its Board of Directors. Shah's extensive experience in the industry, including her previous role at Era Group Inc., makes her a valuable addition to the board as the company aims for further growth and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
management
-
News
Bristow Secures Early Delivery Positions with Deposit for Five Electra eSTOL Aircraft
Rhea-AI Summary
Bristow Group Inc. (NYSE: VTOL) secures early delivery positions for five of Electra.aero, Inc.'s eSTOL production aircraft after successful first flights. Bristow also has a pre-order of up to 50 aircraft and aims to expand its portfolio of specialized passenger services. Electra's eSTOL aircraft has unique capabilities and is expected to be certified and enter service in 2028.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
none
News
BRISTOW GROUP REPORTS THIRD QUARTER 2023 RESULTS
Rhea-AI Summary
Bristow Group Inc. reported total revenues of $338.1 million in Q3 2023, compared to $319.4 million in Q2 2023. Net income was $4.3 million in Q3 2023, compared to a net loss of $1.6 million in Q2 2023. Adjusted EBITDA was $56.6 million in Q3 2023, compared to $39.0 million in Q2 2023. The company raised its 2023 Adjusted EBITDA outlook and reaffirmed its 2024 financial outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.79%
Tags
earnings
Stock VTOL logo
Bristow Group Inc.

NYSE:VTOL

VTOL Rankings

#2624 Ranked by Market Cap
#2885 Ranked by Stock Gains
N/A Ranked by Dividends

VTOL Stock Data

724.35M
24.31M
1.91%
95.67%
1.04%
Nonscheduled Chartered Passenger Air Transportation
Transportation and Warehousing
Link
US
Houston

About VTOL

with its headquarters in houston, texas, bristow group is the leading provider of helicopter services to the worldwide offshore energy industry based on the number of aircraft operated, and one of two helicopter service providers to the offshore energy industry with global operations. with recent acquisitions of premium regional air carriers, bristow provides point-to-point scheduled and charter transportation services, combining fixed-wing with rotary-wing services to clients around the world. the company’s operations are organized into four regions around the world, including africa, americas, europe caspian and asia pacific. search and rescue bristow’s proud heritage includes providing search and rescue (sar) services in the uk since 1971. utilizing specially commissioned helicopters equipped with the latest sar technology, including night vision, mission management and increased onboard medical capabilities, bristow provides civilian sar services in the uk and north scotland o