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Bristow Group Affiliates and Joint Ventures

In addition to its wholly owned international operations, Bristow Group maintains service agreements and equity interests in helicopter operators in Australia, Brazil, Canada, Egypt, Nigeria, Russia (Sakhalin Island) and Turkmenistan. These joint ventures allow Bristow to extend its range of services into new and developing oil and gas markets. International partnerships also allow Bristow to provide a lower cost structure in some operating areas.


Airnorth is the largest regional airline operating in Northern Australia, with fixed-wing operations based in Darwin, Northern Territory, Australia, including both scheduled and charter services, focusing primarily on the energy and mining industries in northern and western Australia, and international service to Timor-Leste and the Philippines. Airnorth provides the bulk of flying to many remote oil and gas and indigenous tribal areas and is the only Darwin/Northern Territory-based Qantas code-share partner. Through its partnership with Qantas Airways, Airnorth offers seamless connectivity including check in and interline baggage facilities. Airnorth is a wholly owned subsidiary of Bristow Helicopters Australia.


Líder Aviação is the largest provider of helicopter and corporate aviation services in Brazil. Líder has five primary operating units: helicopter service, maintenance, chartering, ground handling and aircraft sales, and provides commercial SAR and medical evacuation services to the oil and gas industry. Líder’s fleet includes 57 rotor wing and 29 fixed wing aircraft (including owned and managed aircraft). Líder’s management has introduced large helicopters into their operational portfolio allowing them to gain competence and positioning them for the anticipated growth associated with Brazil’s pre-salt fields. Líder also has a vast network of over 20 bases distributed strategically in Brazil including locations in Macae, Rio de Janiero, Sao Tome, Urucu and Vitória. Bristow currently leases eight medium and three large aircraft to Líder. Bristow owns a 41.9 percent economic interest in Lider.


Cougar Helicopters is the largest offshore energy and SAR helicopter service provider in Atlantic Canada. Cougar has approximately 280 employees and operations are primarily focused on serving the offshore oil and gas industry off Canada’s Atlantic coast. Bristow currently leases eight large helicopters and three shore-based facilities to Cougar, including state-of-the-art helicopter passenger, maintenance and SAR facilities located in Newfoundland and Labrador. Bristow owns a 40 percent economic interest in Cougar.


Petroleum Air Services (PAS) provides helicopter and fixed wing transportation to the offshore energy industry. Additionally, spare fixed wing capacity is chartered to tourism operators. PAS operates 38 helicopters and seven fixed wing aircraft from multiple locations. Bristow owns a 25 percent interest in PAS. The remaining 75 percent interest in PAS is owned by the Egyptian General Petroleum Corporation.


Bristow Helicopters (Nigeria) Limited (BHNL) is a joint venture in Nigeria in which Bristow Helicopters owns a 48 percent interest, a Nigerian company owns a 50 percent interest, and an employee trust fund owns the remaining two percent interest as of December 31, 2015. BHNL provides helicopter services to clients in Nigeria.

Pan African Airlines (Nigeria) Limited (PAAN) is a joint venture in Nigeria with local partners. PAAN provides helicopter services to clients in Nigeria.

BGI Aviation Technical Services (BATS) provides aviation engineering and technical services to the Nigerian aviation market. BATS headquarters is at GRA Ikeja Lagos, and a service office is located at the General Aviation Area of Murtala Muhammed Airport, including a fully equipped heavy maintenance hangar and management offices. In Port Harcourt the company has a full maintenance hangar in addition to its support facilities. BATS also operates from customer bases in Warri, Calabar, Eket, and Escravos.

Russia (Sakhalin Island)

Aviashelf Aviation Co. (“Aviashelf”), is a Russian helicopter company. Bristow Aviation has a 48.5 percent interest in Aviashelf. Additionally, Bristow owns 51 percent of two U.K. joint venture companies, Bristow Helicopters Leasing Ltd. and Sakhalin Bristow Air Services Ltd. These two U.K. companies lease aircraft to Aviashelf which holds the client contracts for Bristow's Russian operations. Aviashelf is consolidated based on the ability of certain consolidated subsidiaries of Bristow Aviation to control the vote on a majority of the shares of Aviashelf, rights to manage the day to day operations of the company which were granted under a shareholders’ agreement, and Bristow's ability to acquire an additional 8.5 percent interest in Aviashelf under a put/call option agreement.


Turkmenistan Helicopters Limited is a Turkmenistan corporation that provides helicopter services to an international offshore energy company from a single location. Bristow operates two aircraft through its 51 percent interest in Turkmenistan Helicopters Limited.

United Kingdom

Eastern Airways is a regional fixed wing operator based in the U.K. Eastern Airways has 708 employees and operations focus on providing both charter and scheduled services targeting U.K. oil and gas transport. Eastern Airways operates 30 fixed wing aircraft. Bristow believes this investment will strengthen its ability to provide a complete suite of point to point transportation services for existing European based passengers, expand helicopter services in certain areas like the Shetland Islands and create a more integrated logistics solution for global clients. Bristow owns a 60 percent interest in Eastern Airways.

Sky-Futures is the world leading provider of drone inspection services for the oil and gas industry, working with over 36 of the biggest oil and gas companies in the world. The drones collect high definition video, stills and thermal imagery data, which is analyzed in a proprietary data platform and delivered to the client as a technical report. Each part of this process is overseen by Sky-Futures' highly qualified, in-house team of global industry experts in flare systems and structural engineering. Sky-Futures now delivers drone inspection services in the North Sea, Middle East, South East Asia, North Africa, and most recently in the Gulf of Mexico, having been one of the first companies to receive FAA regulatory approval to operate in the US. The business is headquartered in London with offices in Houston, Abu Dhabi, Kuala Lumpur and Aberdeen. Bristow has made a $4.2 million investment in Sky-Futures.