Q2 FY23 Earnings Presentation and CY2023 Outlook November 3, 2022 Q2 FY23 Earnings Call & CY2023 Outlook Introduction 01 Redeate (Red) Tilahun Senior Manager, Investor Relations and Financial Reporting Operational Highlights Chris Bradshaw President and CEO Financial Review Jennifer Whalen SVP, Chief Financial Officer Concluding Remarks Chris Bradshaw President and CEO 02 03 04 05 Questions & Answers 2 Cautionary Statement Regarding Forward-Looking Statements This presentation contains "forward-looking stat ...

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, 2022 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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ________________________________________ (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, 2022 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 registrant as specified in its charter) Delaware 72-1455213 ...

Bristow Group Inc. (NYSE:VTOL) Q4 2022 Earnings Conference Call June 1, 2022 10:00 AM ET Company Participants Crystal Gordon - SVP, General Counsel Christopher Bradshaw - President and CEO Jennifer Whalen - SVP and CFO Conference Call Participants Oscar Olivas - Allspring Global Investments Dilip Badlani - SKM Michael Kaufman - Redwood Capital Gabriela Perez - MacKay John Deysher - Pinnacle Jason Stan - Clayton Dohyun Cha - MacKay Operator Good day, and welcome to the Bristow Group Reports Fourth Quarter an ...

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 March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ...

Bristow Group Inc. (NYSE:VTOL) Q2 2022 Earnings Conference Call February 4, 2022 10:00 AM ET Company Participants Crystal Gordon - SVP, General Counsel Christopher Bradshaw - President & CEO Jennifer Whalen - SVP & CFO Conference Call Participants Dohyun Cha - MacKay Shields John Deysher - Pinnacle Sam Mitchell - Empyrean Capital Adam Ritzer - Private Investor Patrick Fitzgerald - Baird Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamp ...

HM COASTGUARD Q3 FY22 Earnings Presentation February 4, 2022 i Bristow Q3 FY22 Earnings Call Agenda I. Introduction Crystal Gordon, SVP and General Counsel II. Operational Highlights Chris Bradshaw, President and CEO III. Financial Review Jennifer Whalen, SVP and CFO IV. Concluding Remarks Chris Bradshaw, President and CEO V. Questions & Answers 2 Cautionary Statement Regarding Forward-Looking Statements This presentation contains "forward-looking statements." Forward-looking statements represent Bristow Gr ...

Bristow Group Inc. (NYSE:VTOL) Q2 2022 Earnings Conference Call November 4, 2021 10:00 AM ET Company Participants Crystal Gordon - Senior Vice President General Counsel Chris Bradshaw - President & Chief Executive Officer Jennifer Whalen - Senior Vice President & Chief Financial Officer Conference Call Participants James West - Evercore ISI. Dilip Badlani - SKM Lenny Dunn - Mutual Trust Company of America. Operator Good day, and welcome to the Bristow Group Reports Second Quarter Fiscal Year 2022 Results. ...

Bristov 0 (0 Q2 FY22 Earnings Presentation November 4, 2021 i Bristow Q2 FY22 Earnings Call Agenda I. Introduction Crystal Gordon, SVP and General Counsel II. Operational Highlights Chris Bradshaw, President and CEO III. Financial Review Jennifer Whalen, SVP and CFO IV. Concluding Remarks Chris Bradshaw, President and CEO V. Questions & Answers 2 Cautionary Statement Regarding Forward-Looking Statements This presentation contains "forward-looking statements." Forward-looking statements represent Bristow Gro ...

Fleet and Operations - For the quarter ended September 30, 2021, Bristow Group Inc. reported a total fleet of 234 aircraft, including 218 helicopters and 14 fixed-wing aircraft[114]. - The average age of the owned helicopters in the fleet is 13 years, with the oldest being the B212 at 40 years[114]. - The company operates in multiple regions including Australia, Brazil, Canada, and the U.K., providing geographic and customer diversity to mitigate risks[104]. - The company has a total of 179 operating helicopters, with 56 heavy helicopters and 79 medium helicopters in its fleet[114]. - As of September 30, 2021, Bristow had 10 S-92 U.K. SAR helicopters, with an average age of 7 years[114]. Financial Performance - Operating revenues for the current quarter were $290,120,000, an increase of $1,769,000 or 0.6% compared to the preceding quarter[119]. - Total revenues for the current quarter were $301,584,000, up by $982,000 or 0.3% from the preceding quarter[119]. - Operating income for the current quarter was $12,475,000, compared to an operating loss of $12,231,000 in the preceding quarter[119]. - Net income attributable to Bristow Group Inc. was $2,775,000, a significant improvement from a net loss of $14,197,000 in the preceding quarter[119]. - Operating revenues for the six months ended September 30, 2021, were $602.2 million, an increase of $27.4 million or 4.8% compared to $574.8 million in the same period of 2020[136]. - Operating income was $0.2 million, a significant improvement from an operating loss of $36.5 million in the prior year[150]. - The company reported a net loss attributable to Bristow Group Inc. of $11.4 million, compared to a net income of $43.6 million in the prior year[136]. Expenses and Costs - Operating expenses increased by $4,265,000 or 2.0% in the current quarter, totaling $218,768,000[119]. - Personnel costs rose by $2,341,000, primarily due to vacation accruals and labor union-related payments[125]. - Total operating expenses rose to $577.2 million, an increase of $5.7 million or 1.0% compared to $571.6 million in the prior year[136]. - The company recognized a loss on impairment of $24.8 million during the current period, compared to a loss of $36.8 million in the prior year[147]. - Operating lease expenses recognized during the three and six months ended September 30, 2021, were $27.2 million and $54.7 million, respectively[164]. Revenue Sources - The company has modified its revenue reporting by adding a government services line, which includes revenues from U.K. SAR and other government contracts[108]. - Operating revenues from oil and gas services increased by $3,896,000 or 2.1% in the current quarter[120]. - Operating revenues from oil and gas services decreased by $12.9 million, with Africa experiencing a decline of $20.5 million primarily due to the end of customer contracts and lower utilization[139]. - Operating revenues from government services increased by $20.0 million, driven by the benefits of the Merger and an increase in flight hours[141]. Cash Flow and Liquidity - Cash flows provided by operating activities were $73.2 million, compared to $35.0 million in the prior year, reflecting improved operational performance[157]. - Total liquidity as of September 30, 2021, was $287.6 million, consisting of $237.0 million in unrestricted cash and $50.6 million available under the ABL Facility[160]. - Approximately 78% of the total cash balance was held outside the U.S. as of September 30, 2021[161]. - Principal debt balance as of September 30, 2021, was $531.8 million, primarily comprised of 6.875% Senior Notes due in March 2028[163]. - Net cash used in investing activities was $4.3 million in the Current Year, a significant decrease from $168.4 million provided in the Prior Year[159]. Impact of COVID-19 - The COVID-19 pandemic has significantly impacted global economic activity, with demand for services not yet returning to pre-pandemic levels[106]. - Bristow continues to face uncertainties related to the COVID-19 pandemic, including potential impacts from virus variants on logistics and business operations[107]. Other Income and Tax - Other income, net for the current quarter was $15,330,000, significantly higher than $6,184,000 in the preceding quarter[133]. - Income tax expense for the current quarter was $14,484,000, compared to a tax benefit of $4,842,000 in the preceding quarter[134]. - Other income, net was $21.5 million, an increase from $14.6 million in the prior year, primarily due to a bankruptcy-related legal settlement and government grants[153]. Capital Expenditures and Commitments - Capital expenditures amounted to $17.3 million, with cash transferred from the sale of a subsidiary at $0.9 million, and proceeds from the sale of aircraft and equipment at $13.8 million[162]. - Unfunded capital commitments totaled $85.4 million, primarily for the purchase of helicopters scheduled for delivery from fiscal year 2023 through 2025[169].