Bristow Narrows Losses On Declining Revenues | Aviation International News

Bristow Narrows Losses On Declining Revenues

Bristow Group says it expects the offshore helicopter market to recover in late 2021.

By Mark Huber • Contributor

May 27, 2021

Bristow Group reported a net loss for the fiscal year ending March 31 of $56.1 million on operating revenues of $1.1 billion, compared with a net loss of $697.2 million on operating revenues of $1.2 billion a year earlier. It posted a net loss from operations of $42.6 million for the quarter on operating revenues of $281.5 million.

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