Air North - Bristow Group Performance
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Air North - Bristow Group Performance
Can anybody here give an interpretation of this and give an educated comment on Air North’s performance?Bristow Group Inc. - News Release
Join Date: Mar 2012
Location: Florida USA
Age: 61
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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.
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."
"Airnorth contributed $0.2 million and $0.9 million in adjusted EBITDA for the June 2018 quarter and June 2017 quarter, respectively."
