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SEC Filings

BRISTOW GROUP INC filed this Form 8-K on 11/09/2017
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Slide 5

We have made significant progress in achieving our FY18 STRIVE priorities ~$130M in cost recoveries expected to be received from OEMs in second half of FY18 Better bottom-line results reflect increased operating leverage from a much lower cost structure Continuing focus on managing risk exposure through enhanced safety analytics Completed Organizational Safety Effectiveness Survey as initial action to refresh our Target Zero safety culture ~$190 million of capex deferrals out of FY18 – FY20 into FY20 and beyond Bristow Academy sale in early November 2017; making difficult decisions concerning each business based on current and future returns Safety improvement Cost efficiencies Portfolio and fleet optimization Revenue growth Increased activity particularly in the U.S. Gulf of Mexico and Norway Improved revenue reflects ability to capture short-cycle opportunities through lower cost and faster hub response

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