Finance, Taxes, Insurance
Bristow Sees No Recovery for Offshore Helicopters in 2021
Helicopter services company Bristow continues fleet downsizing, quarterly losses.

Global helicopter services company Bristow Group announced a widening net loss in the fourth quarter and confirmed its intention to seek $400 million in new financing to pay down high-cost debt, some of which comes due in 2022. CEO Chris Bradshaw also said he didn’t see Bristow’s core offshore energy business improving until next year. 


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