Offshore helicopter operator Bristow seeks Chapter 11 bankruptcy protection

Bristow Group, a helicopter services provider for the offshore oil and gas industry, has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas.

Announcing the filing on Saturday, May 11 Bristow said it intended to use the proceedings to restructure and strengthen its balance sheet and achieve a more sustainable debt profile, while continuing to provide industrial aviation services to its clients well into the future.

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