Bristow buys stake in Brazilian helicopter company
HOUSTON Bristow Group Inc., which provides helicopter airlift services to offshore oil rigs, says it is buying a minority stake in a Brazilian helicopter and aviation services company.
On Feb. 4, Bristow Group Inc. reported strong financial results for its 2013 fiscal third quarter, driven by its investment in the Canadian offshore operator Cougar Helicopters, and by new contracts and improvements in pricing in its key markets of Europe, Australia, West Africa and the United States Gulf of Mexico.