Bristow Announces Organizational Changes as Part of Continuous Improvements to the Company's Support Services
BRISTOW GROUP (BRS)
Last bristow group earnings: 2/11 04:33 pm
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US:NYSE Investor Relations:
bristowgroup.com/investors
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Source: PR Newswire
HOUSTON, Sept. 12, 2018 /PRNewswire/ -- Bristow Group Inc. (NYSE:BRS) today announced organizational changes as part of continuous improvements to the company's support services model. The changes build off the company's success over the past 15 months to reduce costs and align the company's structure with the market environment for offshore services. "We have been pursuing increases in revenue and more efficient management of our portfolio of assets and businesses and reducing our costs as we continue to create the world's premier industrial aviation services company," said President and CEO Jonathan Baliff. "Market demands have changed, which means we must continue to look for opportunities to improve our support services model and enable our geographical hubs to operate more effectively and efficiently." As part of the efforts to reduce costs, the company is taking actions to restructure several functions within the organization; all designed to create a more effective and efficien
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