Perhaps those who bought @ $18.91 in the past year are just lowering their total holding average purchase price before the whole show jumps off the precipice.

I said it earlier....when a Stock Price hits these lows and the ups and downs are as dramatic as they are.....a person with some money and some courage can make some money.

A one day 16% gain is nothing to sneeze at!

Timing is of the essence and it is legalized gambling....but you can make some money if you get it right.

I count 14 lawsuits filed against Bristow in 'Class Action' in the US this last week.

Amazing......do a search using these words....."Bristow Helicopters, Class Action Law suits filed".....and look at the Laundry List that shows up!

The CEO got a Two Year Basic Salary Going Away Bonus????

I was at the wrong end the Management Totem Pole for sure!

True but don't think those lawyers care

It is not about BHL's survival.....it is about going after conduct that harmed Investors.

Some folks have walked off with lots of money and apparently did not do their job properly.....and conducting one's fiduciary duties in less than an legal manner should not be condoned.

If it means Bristow ceases operation then those harmed along with the Investors know who to blame.

Actually, on re-reading some of the suits, it is clearer that it is the individuals - CEO and CFO - and not the company that are being sued.

They just missed their self imposed date to report their financials correctly. Ouch.

Why do you say that. Can they post at 10 o'clock.? I have no idea how the US works.

:)Ah I see - they have given an 8-K today but not a 10-k. I have read the 8-k - can anyone explain it in English.:)

They just tweeted about it. Their last communication was that it would be filed by no later than today. They just issued a statement it will not be filed until they are ready (obviously) but it doesn't look great if you are late reporting a quarter (and 9 months in fact) which ended 7 weeks ago.

The determination of the existence of a control deficiency related to these matters, which has been classified as a material weakness in the Company’s
internal controls over financial reporting, and the need to assess possible non-compliance with all non-financial covenants commenced when the
Company’s senior management became aware that certain pledged and leased helicopter engines were not matched to specific pledged or leased
helicopter airframes or returned to such airframes within specified periods, as is required under certain of the secured financing and helicopter lease
agreements. The removal and replacement of engines and components from helicopters is part of the Company’s normal ongoing maintenance
activities; however, since certain of those helicopter engines and airframes are pledged to lenders or leased from lessors, the removal of a pledged or
leased engine from a pledged or leased airframe can create issues of non-compliance with certain of the secured financing and helicopter lease
agreements. All issues related to this matter were cured prior to December31,2018 for all but nine helicopter engines (relating to three agreements)
where the pledged or leased engines were not returned to the pledged or leased airframes within specified periods due to delays with certain of the
Company’s maintenance service providers. The Company has obtained waivers of such non-compliance under the applicable agreements related to
such helicopter engines. The issues detected, which have all been cured or waived, involve a small subset of the approximately 385 helicopter engines
that are subject to the Company’s secured financings or helicopter leases.
1

Bristow Investors ? RSS Content ? BRS ? bristowgroup.com

Some of this is a little, er, alarming. Read the whole thing.

How much do you think the EC225 adventure hurt the company?

thought they had a nice settlement from Airbus?

"EC225 adventure" was hardly an adventure. Bristow were not the only operator who thought that the 225 was the future. It was an operators dream and were it not for the screw-up Airbus made of the whole thing it might still be. By the way the BRS crashing stock just crashed upwards by 20%.