PPRuNe Forums - View Single Post - Bristow files for Chapter 11 Bankruptcy
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Old 12th May 2019 | 15:54
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Watson1963
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Joined: Jul 2006
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From: Somerset
Non-US affiliate companies

One of you guys with finance knowledge might know the answer to this.

I've been wondering what happens with the affiliate companies not directly covered by the Ch.11 .. where those affiliates are making a loss and have said in filings that they need to rely on the financial support of the parent co to continue?
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​​​Out of Bristow's UK based companies, both BHL and Eastern posted losses in the year ending March 2018. I didn't check any others.
https://beta.companieshouse.gov.uk/s...ow+helicopters
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