Bristow Group has appointed a new chief financial officer after a merger with rival Era and re-emerging from Chapter 11 bankruptcy.
The parent company of a North Sea helicopter firm, which also carries out search and rescue operations in the UK, is considering taking US-style bankruptcy to end its debt woes.
A pilot who was killed in a helicopter crash in the Gulf of Mexico has been recovered.
US helicopter operator Bristow, which employs around 900 people in the UK, has named a new chief executive.
The US firm behind a major North Sea helicopter operation employing 900 people has cast doubt on the validity of its own finances.
Helicopter operator Bristow Group has revealed bold plans to snatch work away from its rivals after announcing a reorganisation of the business.
North Sea helicopter operator Bristow Helicopters said yesterday it had worked hard to “secure its position” during a difficult year.