Helicopter Group Bristow Shifts Business Model with Commitment for 50 eSTOL Aircraft
Declining revenues and margin from its core oil and gas sector have prompted the rotorcraft operator to shift into logistics operations using Electra's new eSTOL aircraft.
Helicopter operator Bristow is planning to launch services using the eSTOL fixed-wing aircraft being developed by Electra.aero. Under a memorandum of understanding (MoU) announced on August 26, Texas-based Bristow committed to buying up to 50 of the aircraft, which is set to enter commercial service in 2026.
Under the agreement, Bristow also said it will support the start-up in “development of the eSTOL aircraft’s operations, design, and safety features to meet customer as well as FAA, EASA, and Transport Canada certification requirements.” The two companies intend to jointly explore potential new applications for the hybrid-electric short takeoff and landing model, with a focus on middle-mile logistics needs for retailers.
