Printer Friendly
The Free Library
19,585,946 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Bristow Group Inc. Announces Aircraft Purchase.


HOUSTON -- Bristow Group Inc. (NYSE NYSE

See: New York Stock Exchange
:BRS BRS - Big Red Switch. This abbreviation is fairly common on-line. ), a leading provider of helicopter transportation services and production management services to the offshore energy industry, announced today that it had exercised options under its Helicopter Sales Agreement with Sikorsky Aircraft For other meanings and similar spellings, see .

Sikorsky is an American aircraft and helicopter manufacturer. It was founded 1923 by a Ukrainian born American aircraft engineer Igor Sikorsky, who made the first stable, single-rotor, fully-controllable helicopter to enter
 Corporation to purchase four additional S-92 helicopters. In conjunction with this exercise of options for the four S-92 helicopters, nine medium aircraft ordered previously have become options. In addition, Bristow has acquired options for ten additional S-92 helicopters, bringing the total number of options for S-92 helicopters to fourteen.

William E. Chiles Chiles is a surname, and may refer to:
  • Adrian Chiles, British TV and radio presenter
  • Eddie Chiles, American businessman
  • Jackie Chiles, fictional attorney in Seinfeld
  • Lawton Chiles, American politician
  • Lois Chiles, American actress and model
, President and Chief Executive Officer said, "With all existing Sikorsky S-92 large helicopter orders already under contract, we are adding four more state-of-the-art S-92 aircraft to meet the foreseeable needs of our customers. We will continue to consider if and when to exercise our options for 22 additional large and 36 medium aircraft based on market demand."

Bristow Group Inc. is the leading provider of helicopter transportation services to the worldwide offshore energy industry based on number of aircraft operated. Through its subsidiaries, affiliates and joint ventures, the Company has major operations in the U.S. Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico
Golfo de Mexico

Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east
 and the North Sea, and operations in most of the other major offshore oil and gas producing regions of the world, including Alaska, Australia, Brazil, Mexico, Nigeria, Russia and Trinidad. Additionally, the Company is a leading provider of production management services for oil and gas production facilities in the U.S. Gulf of Mexico. The Company's Common Stock trades on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 under the symbol BRS.

Statements contained in this release that state the Company's or management's intentions, hopes, beliefs, expectations or predictions of the future are forward-looking statements. These forward-looking statements include intended use of aircraft and expected delivery dates. It is important

to note that the Company's actual results could differ materially from those projected in such forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the Company's SEC filings, including but not limited to the Company's quarterly report on Form 10-Q Form 10-Q

See 10-Q.
 for the nine months ended December 31, 2007 and the annual report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the year ended March 31, 2006. Bristow Group Inc. disclaims any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events or otherwise.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Apr 4, 2007
Words:402
Previous Article:Imaging3 CEO to be Interviewed on Internet Investor Site Market News First.
Next Article:Capstone Turbine Appoints Shelby Ahmann as Senior Vice President, Customer Service.
Topics:



Related Articles
Speechmaker or catalyst for change?
Park it.
Sex and the simpy. (the Buzz).
Indoor whiteness: a new internationally standardized concept: a new ISO standard measures whiteness under conditions that simulate the indoor...
BRIEFLY.
Canadian agent provocateur speaks.
The summer side of Triangle Lake.
MORNING BRIEFING.
Spartans are clutch when they need to be.
City homes in on opportunity to rehab multi-family buildings.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles