UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ________________________________________ ANNUAL REPORT PURSUANT TO SECTIONS 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware 72-1455213 (State or Other Jurisdiction of Incorporation or ...

Exhibit 99.1 PRESS RELEASE BRISTOW GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS ACHIEVES 2023 INCREASED OUTLOOK AND AFFIRMS 2024 OUTLOOK Houston, Texas March 5, 2024 FOR IMMEDIATE RELEASE — Bristow Group Inc. (NYSE: VTOL) today reported net loss attributable to the Company of $7.9 million, or $0.28 per diluted share, for its quarter ended December 31, 2023 (the "Current Quarter") on operating revenues of $329.6 million compared to net income attributable to the Company of $4.3 million, or $0.15 p ...

Financial Data and Key Metrics Changes - Adjusted EBITDA for Q4 2022 was $36.3 million, an increase from $33.9 million in Q3 2022, reflecting a growth of approximately $2 million [11] - Operating revenues increased by $5 million, primarily due to higher government services revenues and increased activity levels in offshore energy [12] - Available liquidity as of December 31 was $240 million after cash outflows of $32 million for aircraft purchases and $24 million related to PBH buying [16] Business Line Data and Key Metrics Changes - The government services segment has expanded with new contracts for search and rescue (SAR) operations in the Netherlands and the Dutch Caribbean, both being 10-year contracts [7][8] - The offshore energy services market is expected to see a significant increase in spending, with Barclays Research projecting a 24% increase in 2023 following a 12% increase in 2022 [18] Market Data and Key Metrics Changes - The offshore helicopter market is experiencing a tightening supply-demand balance, with significant increases in leading-edge rates due to constrained global labor force and equipment market [21][28] - The market for AW139 and super medium helicopters is expected to remain tight, with limited available capacity [20] Company Strategy and Development Direction - The company is focused on expanding its government services business and is involved in active tender processes for additional contracts [17] - A realignment of the management team aims to enhance focus on government services and offshore services, allowing for better customer engagement and adaptation to market needs [36] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about improved fundamentals and outlook for 2023, driven by increasing offshore energy activity and a growing government services business [54] - The first quarter of the year is traditionally the weakest due to seasonality, but the company expects better utilization of the fleet and higher revenues in the second half of the year [21][22] Other Important Information - The company has initiated guidance for 2023, anticipating revenues between $1.2 billion and $1.3 billion, with adjusted EBITDA of $150 million to $170 million [14] - The company completed new equipment financing of approximately £140 million to support obligations under the SAR contract in the U.K. [9][10] Q&A Session Summary Question: Timing and ramp-up of revenues for Bristow - Management indicated that new contracts are scheduled to start throughout the year, with some back-end weighted, particularly in Brazil and Norway [24][25] Question: Impact of increasing costs on the bottom line - Management acknowledged inflationary pressures, particularly in labor and supply chain costs, but emphasized visibility due to union agreements and long-term contracts [27][28] Question: Growth potential in offshore wind - Management sees offshore wind as a growing market but noted that the U.S. market is still nascent, with no offshore helicopters currently supporting wind projects [29][30] Question: Acceleration of CapEx related to U.K. SAR contract - Management clarified that the total CapEx needed has not changed, but the timing has been pulled forward to ensure successful contract execution [34] Question: Structural changes and new opportunities - The management realignment aims to better position the company for growth in government services, with active participation in upcoming tenders [36][38] Question: Strategy for off-lease aircraft - Management stated that they have orders for new AW139 helicopters and are evaluating the market for additional AW189 helicopters as needed [39][40] Question: Current stock value and NAV - Management noted that the shares are trading at a significant discount to the net asset value, which is approximately $48 per share based on third-party appraisals [47][49]

| --- | --- | --- | --- | --- | --- | |-------------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Q3 2023 Earnings Presentation | | | | | | | November 2, 2023 | | | | | | Q3 2023 Earnings Call Introduction 01 Redeate (Red) Tilahun Senior Manager, Investor Relations and Financial Reporting Operational Highlights 02 Chris Bradshaw President and CEO Financial Review 03 Jennifer Whalen SVP, Chief Financial Officer Concluding Remarks 04 Chri ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ________________________________________ FORM 10-Q ________________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35701 Bristow Group Inc. (Exact name of regi ...

Bristow Group Inc. (NYSE:VTOL) Q2 2023 Earnings Conference Call August 3, 2023 10:00 AM ET Company Participants Red Tilahun - Investor Relations Chris Bradshaw - President and Chief Executive Officer Jennifer Whalen - Senior Vice President and Chief Financial Officer Conference Call Participants Josh Sullivan - The Benchmark Company Chris Lee - Evercore ISI Steve Silver - Argus Research Operator Good day, everyone and welcome to today’s Bristow’s Second Quarter 2023 Conference Call. [Operator Instructions] ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ________________________________________ FORM 10-Q ________________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35701 Bristow Group Inc. (Exact name of registran ...

Bristow Group Inc. (NYSE:VTOL) Q1 2023 Earnings Conference Call May 4, 2023 10:00 AM ET Company Participants Red Tilahun - Investor Relations Chris Bradshaw - Chief Executive Officer Jennifer Whalen - Senior Vice President & Chief Financial Officer Conference Call Participants Chris Lee - Evercore ISI Josh Sullivan - The Benchmark Company Steve Silver - Argus Research Operator Good day, everyone, and welcome to today's Bristow Group Reports First Quarter 2023 Results. At this time, all participants are in a ...

标 Bristow Q1 2023 Earnings Presentation May 4, 2023 Q1 2023 Earnings Call Introduction 01 Redeate (Red) Tilahun Senior Manager, Investor Relations and Financial Reporting Operational Highlights 02 Chris Bradshaw President and CEO Financial Review 03 Jennifer Whalen SVP, Chief Financial Officer Concluding Remarks 04 Chris Bradshaw President and CEO 05 Questions & Answers 2 Cautionary Statement Regarding Forward-Looking Statements This presentation contains "forward-looking statements." Forward-looking statem ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ________________________________________ FORM 10-Q ________________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35701 Bristow Group Inc. (Exact name of registra ...