View Full Version : Air North - Bristow Group Performance

5th Aug 2018, 00:22
Can anybody here give an interpretation of this and give an educated comment on Air North’s performance?Bristow Group Inc. - News Release (http://ir.bristowgroup.com/mobile.view?c=91226&v=203&d=1&id=2361894)

5th Aug 2018, 01:30
I can offer an uneducated comment. The Air North business financials have improved over what it was last year.

4 Holer
5th Aug 2018, 01:33
The loss in 2017 was $55 Million the loss this year same period was less $32 Million. There is $64 Million less cash in the bank, maybe covered some of the losses or was pulled out for another reason.Either way its a bit ugly.

15th Aug 2018, 13:05
Bristow own 85% of Airnorth, and from the statement it seems that Airnoth provides around 10% of EBTIDA

"Airnorth contributed $0.2 million and $0.9 million in adjusted EBITDA for the June 2018 quarter and June 2017 quarter, respectively."