Annual report [Section 13 and 15(d), not S-K Item 405]

VARIABLE INTEREST ENTITIES AND OTHER INVESTMENTS IN SIGNIFICANT AFFILIATES (Tables)

v3.25.4
VARIABLE INTEREST ENTITIES AND OTHER INVESTMENTS IN SIGNIFICANT AFFILIATES (Tables)
12 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule Of Variable Interest Entities The following table shows summarized financial information, in aggregate, for the Company’s VIEs and their subsidiaries (in thousands):
December 31,
2025 2024
Total assets $ 1,574,191  $ 1,362,223 
Total liabilities(1)
$ 1,251,501  $ 5,730,561 
____________________
(1)Includes Bristow Aviation subordinated unsecured loan stock (debt) bearing interest at an annual rate of 13.5% and payable semi-annually to the Company that is not eliminated at the Bristow Aviation and subsidiaries summarized financial information level, but is eliminated in consolidation at the Bristow Group Inc. level. Payment of interest on such debt has been deferred since its incurrence in 1996 at an annual rate of 13.5% and aggregated $4.6 billion as of December 31, 2024. During the year ended December 31, 2025, the Company wrote off $5.3 billion of accrued interest related to this note. All significant inter-company accounts and transactions are eliminated in consolidation and have no impact to the consolidated financial statements presented herein.