Bristow Group extended an existing North Sea contract with the Integrated Aviation Consortium for six Sikorsky S-92s and inked a new deal covering four more S-92s in Norway with Statoil. The deals are worth more than $1.3 billion.
Richard Santulli’s re-entry into the helicopter game drew mixed reaction from a variety of operators who spoke to AIN. Santulli is the CEO of the newly formed Milestone Aviation Group, a company that will devote most of its resources to helicopter leasing and sale leasebacks.
President Obama’s 180-day moratorium on new permits for Gulf of Mexico deepwater drilling is beginning to pinch helicopter operators in the region.
President Obama’s 180-day moratorium on deepwater oil drilling operations in the Gulf of Mexico is beginning to pinch helicopter operators there. The President imposed the moratorium following the explosion of the Deepwater Horizon drilling rig on April 20.
Bristow will build $10 million in new facilities and add 97 employees at its Florida flight school in Titusville. It will also build a new FBO facility there. Bristow operates the largest civilian helicopter school in the U.S.
Bristow Group consolidated its business units and made changes in the executive suite just weeks before posting declining net income, but modestly increasing revenues. The company said it made the changes “in an effort to improve operations and financial performance.”
Bristow Group in late September ordered three AW139s for its offshore operations. The contract also includes options for the medium twin. It brings the number of firm orders to “more than 440.” Separately, AgustaWestland has signed an agreement with maintenance specialist Heli-One to establish a repair and overhaul center in Vancouver.
Selection of a preferred bidder could emerge before the end of this year in the UK’s search-and-rescue helicopter (SAR-H) procurement process, which aims to replace the country’s existing mix of military and contractor-operated helicopters with new machines operated by a single commercial consortium under a private finance initiative (PFI) contract.
Sikorsky Global Helicopters has delivered six more S-300CBi trainers to Bristow Academy’s existing fleet of 48 of the models. The helicopters will operate at Bristow’s locations in California, Florida and Louisiana. Bristow has been operating S-300CB-series helicopters since 1995 and has more than 100 in service.
Eurocopter will break ground next month on a new helicopter service and simulator facility in Kirkhill Commercial Park near Aberdeen Airport, Scotland, a major hub for offshore oil and gas operations. Construction is to be completed by December. Knight Property Group will design and build the facility. It will consist of a 10,000-sq-ft logistics warehouse and 5,000 sq ft of offices.