Bristow Sells Flight Academy | Aviation International News

Bristow Sells Flight Academy

Initial type rating and recurrent training for Bristow Group pilots will continue at its flight-simulator training facilities in Scotland and the U.S.

By Mark Huber • Contributor

November 27, 2017

Bristow Group has disposed of the Bristow Academy and recorded a $6.5 million write down on the transaction as reflected in its financial report for the latest quarter. The buyer was not disclosed, but Bristow did reveal that it received relatively little for the sale—$1.5 million to be paid over four years and unspecified consideration linked to the Academy's future performance. The deal includes all of the Academy’s personnel, facilities and helicopters.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

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