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Recent Updates — VTOL

August 4, 2026View Source ↗

Bristow Group Inc. reported second quarter 2026 net income of $21.2 million ($0.70 per diluted share) on total revenues of $411.8 million, compared to $13.1 million and $388.7 million in the first quarter. Adjusted EBITDA rose to $79.8 million from $59.3 million. The company completed its acquisition of Berry Aviation for $105.0 million on July 13, 2026, expanding its Government Services capabilities. Bristow affirmed its full-year 2026 Adjusted EBITDA outlook range of $295 million to $325 million and updated segment guidance. On August 4, 2026, the Board declared a quarterly cash dividend of $0.125 per share, payable on August 28, 2026, to shareholders of record as of August 14, 2026. Bristow Group Inc. is a leading global provider of mission-critical aviation services for government entities and offshore energy companies.

June 26, 2026View Source ↗

On June 23, 2026, Bristow Group Inc. entered into a Merger Agreement to acquire Berry Aviation, Inc. for $105 million in cash, subject to adjustments for working capital, cash, indebtedness, and transaction expenses. The transaction has been unanimously approved by the boards of both companies and is expected to close in the second half of 2026. Bristow has also obtained a conditional representation and warranty insurance policy to cover potential breaches by Berry. The company operates in the aviation industry, providing helicopter transportation services.