Bristow files for bankruptcy. Looking to sell Airnorth.
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Bristow files for bankruptcy. Looking to sell Airnorth.
Bristow Group also owned interests two fixed-wing carriers – Airnorth in Australia and Eastern Airways in the UK. GVIC had presented its plan for Bristow in the run-up to the company's entering Chapter 11. It estimated that the sale of the two airlines alone could generate up to $230 million.
Eastern Airways has since been sold, in a deal completed on 10 May, Bristow confirms.
Eastern Airways has since been sold, in a deal completed on 10 May, Bristow confirms.
