Mark Huber is an aviation industry veteran who has worked in the flight training, aircraft sales, aircraft component, and airport development businesses. He has flight time in more than 50 different and diverse aircraft, including helicopters, aerobatic aircraft, vintage warbirds, jet fighters, business jets and turboprops, and transport-category aircraft. He has jumped out of several of these—on purpose—with a parachute. His defense and aviation journalism has been published in a variety of national and international periodicals.

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Mark Huber

On Thursday, Bristow Group released its latest results for the quarter ending December 31, reporting a $21.9 million loss on revenues of $324.35 million, compared with a $3.2 million profit on revenues of $395 million from the year-ago period. For the nine months ended December 31, Bristow's net loss was $92.5 million on revenues of $1.024 billion versus a loss of $47.18 million on revenues of $1.254 billion from the same period in 2015.


Bristow CEO Jonathan Baliff said the results "exceeded our internal expectations," but conceded that the company's oil-and-gas business "continues to operate along the economic bottom" in a "dynamic and prolonged downturn." He said the company is minimizing the impact through a combination of reduced capital expenditures and aggressive cost cutting.


On this note, he said that Bristow had secured or&nbsp;is in the process of securing $630 million in new financing commitments to maintain the company's liquidity and financial flexibility. The group of lenders includes Lombard North Central ($200 million), Macquarie Bank Limited ($230 million), and GE Capital Aviation Services/Milestone Aviation Group ($200 million).

News and issues regarding all manner of civil and military rotorcraft and their powerplants, including helicopters, tilt rotors and unmanned air vehicles.

Bristow Secures New Financing as Helo Ops Losses Widen

Company's oil and gas business "continues to operate along the economic bottom" in a "dynamic and prolonged downturn."

2024 Corporate Aviation Leadership Summit

Charlotte Bailey

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

Essential news and analysis on the defense aerospace business. Your trusted source for new and ongoing programs and requirements in military aircraft (manned and unmanned), engines, avionics, weapons and associated systems, including ground-based air defense.

Pentagon permission facilitates sale of Bell 412EXP and 407M

U.S. Approves $800M Bell 407/412 Sale to Iraq Military

News and information on safety procedures and concerns.

News and issues relating to the aerospace industry that are related to the science, engineering and business of flight in space involving civil, industrial and military applications, and similar topics related to flight in the atmosphere of the Earth that are not covered more directly by other AINonline subject channels. In other words, both astronautical and aeronautical subjects, except for those aeronautical topics that are specifically covered elsewhere on this website.

Fire and disaster management agency to use aircraft in aerial reconnaissance role

Japan Orders Its First H160 for Emergency Response

Flights with two scaled technology demonstrators will inform potential future iterations 

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Matt Thurber

New developments and products in avionics, specifically about aircraft electronics in the cockpit.

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

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U.S. Approves $800M Bell 407/412 Sale to Iraq Military

Pentagon permission facilitates sale of Bell 412EXP and 407M

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Fire and disaster management agency to use aircraft in aerial reconnaissance role

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Flights with two scaled technology demonstrators will inform potential future iterations

FAA Approves TSO for ASU Panoramic Night-vision Goggles

Lightweight white-phosphor NVG have a 94-degree field of view

FAA Floats Special Conditions for Skyryse Fly-by-wire R66

Proposed rule addresses pilot awareness of control limits

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European Helicopter Association and Vertical Aviation International extended their alliance

Sikorsky Is Upgrading the Black Hawk Helicopter for Evolving Military Needs

Armed forces will be able to outfit Black Hawks with new armament and equipment.

Sikorsky’s S-97 Raider Points to a New Level of Performance for Future Helicopters

Originally developed for the U.S. military, X2 technology is in search of a new customer.

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