In a press release yesterday Friday 6-February-2015 Airnorth have announced that an 85% controlling stake in the airline has been sold to Bristow Helicopters Australia, part of the worldwide Bristow Group.
“This investment strengthens our position in Australia as it allows us to offer integrated fixed- and rotarywing logistics solutions, a combined offering that has proven valuable to our customers around the world,” said Jonathan E. Baliff, president and chief executive officer of Bristow Group Inc. “We also gain access to key southeast Asian markets where we do not currently operate. We view Airnorth as an exceptional operator, and are culturally and operationally aligned with shared core values of safety, quality and service.”
Bristow Group is the leading worldwide operator of helicopters supporting offshore oil and gas operations, and its Australia subsidiary based in Perth does just that of the coast of Western Australia and Victoria.
Airnorth is the second oldest airline in Australia founded in 1978 with claims on the largest independent regional arline title flying 350,000 passengers annually. They operate a fleet of 4 Embraer E170 Regional Jets, 5 Embraer E120 Brasilia and 3 SWM Metroliner turboprop aircraft. Their RPT and FIFO/charter route network covers the NT, WA & QLD as well as Dili in Timor-Leste and Manila in the Philippines.
There will be no changes to the services offered by Airnorth and both companies will look to future new options.
Read the full press release from airnorth HERE