Bristow has $1bn to spend

admin
By admin April 20, 2015 20:07

Bristow has $1bn to spend

Bristow Group Chief Executive Officer Jonathan Baliff, has stated in an interview that the helicopter company is willing to spend as much as $1 billion on acquisitions.

“There are a lot of M&A opportunities that are presenting themselves now and could deliver great results in calendar year 16, fiscal year 17,” he said.

In 2014, Bristow has begun to acquire stakes in small regional airlines.

admin
By admin April 20, 2015 20:07