Mission Statement, Vision, & Core Values of Bristow Group Inc. (VTOL)

Are you curious about what drives a leading global provider of vertical flight solutions? Have you ever wondered how a company balances ambitious financial goals with a commitment to safety and sustainability? Let's delve into the core of Bristow Group Inc. to uncover the mission, vision, and values that steer their operations and strategic decisions, especially in light of their impressive $1.4 billion in revenue and $95 million net profit for 2024.

Understanding these guiding principles offers valuable insights into how Bristow positions itself in the market and delivers value to its stakeholders. How do these elements contribute to their success and shape their approach to the future of vertical flight? Keep reading to find out!

Bristow Group Inc. (VTOL) An Overview of

Bristow Group Inc. has a long history in the helicopter services industry, dating back to 1955. They provide a range of services, including transportation, search and rescue, and aircraft support solutions. Bristow primarily serves the offshore energy industry, but also supports government and civil organizations. As of April 2025, Bristow continues to be a key player in providing critical aviation services.

In the fiscal year 2024, Bristow Group Inc. reported strong financial results. The company's revenue reached $1.28 billion, marking a 16.5% increase compared to the previous year. This growth was largely driven by strong demand in key markets such as the Americas and Europe, as well as increased activity in the offshore energy sector. The company's main product sales, which include helicopter services for offshore oil and gas operations, contributed significantly to the revenue growth. Bristow's adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw a substantial increase, reaching $272.4 million, up from $186.6 million in the prior year. This improvement reflects the company's enhanced operational efficiency and cost management strategies.

Bristow Group Inc. stands as a leader in the vertical flight solutions sector, providing essential services to a diverse range of industries. Want to understand the factors that drive Bristow's success? Delve deeper into their investor profile: Exploring Bristow Group Inc. (VTOL) Investor Profile: Who’s Buying and Why?

Bristow Group Inc. (VTOL) Mission Statement

Bristow Group Inc. is a leading global provider of innovative and sustainable vertical flight solutions. The company's mission, vision, and core values guide its operations and strategic decisions. Exploring Bristow Group Inc. (VTOL) Investor Profile: Who’s Buying and Why?

Bristow's purpose is to elevate people to achieve a safer, more productive world. By living this purpose day-in and day-out, the company seeks to ensure it is doing what is right for its employees, customers, communities, and the world at large. Bristow believes this is what it means to lead its industry, and this is what it means to be a leader in sustainability.

Bristow Group Inc.'s mission is to make every flight personal and to ensure safe, efficient, and reliable solutions to deliver superior outcomes for all stakeholders.

The key components of Bristow Group Inc.'s mission statement are:

• Safety: Ensuring the safety of passengers and employees is a cornerstone of Bristow's social commitment.
• Efficiency: Providing efficient helicopter services and aviation support worldwide.
• Reliability: Offering reliable solutions to private and public sectors, including transport, emergency response SAR, and aircraft support solutions.
• Innovation: Leading the world in innovative and sustainable vertical flight solutions.

Bristow's innovative culture allows it to pursue opportunities that leverage its core competencies, expand and diversify its business, and improve efficiency.

Bristow Group Inc. is committed to delivering long-term financial success for its shareholders. The company proactively engages with its stakeholders, including employees, customers, vendors, investors, and communities, and strives to incorporate their input into its approach of integrating sustainability into its business practices.

Bristow recognizes that the success of its business is based on creating higher returns for its shareholders, driving results for its customers, and remaining a committed sustainability leader.

Vision

Bristow Group Inc.'s Vision is to lead the world in innovative and sustainable vertical flight solutions.

Sustainability is formally embedded in Bristow's Vision: leading the world in innovative and sustainable vertical flight solutions. Its leadership in sustainability sets the company apart in the industry and differentiates it to its employees, customers, and business partners.

Bristow actively monitors for and implements sustainability opportunities to ensure it remains a sustainability leader within its industry and a best-in-class vertical take-off and landing company. To drive sustainable value, Bristow prioritizes integrating industry-aligned ESG initiatives and practices into its strategic business priorities.

Core Values

Bristow Group Inc.'s core values define how the company expects every employee to think, act, and operate. These core values further strengthen its reputation and push the company to deliver on its promises.

Bristow seeks qualified candidates who desire to support its commitment to safety and its other core values of integrity, passion, teamwork, and progress.

Bristow's Core Values:

• Safety: Bristow employees live and breathe safety – it is their number one core value and their Target Zero Safety Culture permeates throughout the organization.
• Integrity: Demonstrating integrity in actions, fostering trust in relationships.
• Passion: Having passion for work and the impact the company makes on people's lives.
• Teamwork: Prioritizing teamwork, achieving goals together.
• Progress: Pursuing progress through continuous improvement and innovation.

Bristow ensures the highest safety standards are followed at all times. The company owns safety and knows what it takes to work as a team to deliver on its Target Zero commitment.

Bristow's Target Zero safety actions form a continuous circle of recognizing hazards, making good decisions, and sharing information with others so they can do the same. These simple actions when used across the workforce help the company deliver on its commitment of Zero Accidents and Zero Harm to people and is something that makes each of its employees proud to be Bristow.

Financial Performance

Bristow Group Inc. reported a net income attributable to the Company of $94.8 million, or $3.21 per diluted share, for the year ended December 31, 2024, on total revenues of $1.4 billion compared to a net loss attributable to the Company of $6.8 million, or loss per diluted share of $0.24, on total revenues of $1.3 billion for the year ended December 31, 2023.

Full year 2024 Adjusted EBITDA was $236.8 million compared to the previously upward revised 2024E outlook range of $220 million - $230 million.

As of December 31, 2024, Bristow had unrestricted cash of $248 million, total debt of $706 million and total liquidity of $311.5 million. Adjusted free cash flow in 2024 was $160.9 million (compared with $27.8 million in 2023).

The company is committed to return capital to shareholders via a new quarterly dividend program intended to commence in Q1 2026 with an initial dividend payment of $0.125 per share, or $0.50 per share annualized, as well as opportunistic share buybacks under the Company's new $125 million share repurchase program.

Bristow Group Inc. provided earnings guidance for the calendar year 2024, the company expects total operating revenues of USD 1,355 million to USD 1,415 million.

Bristow Group's common stock is listed on the NYSE under the ticker VTOL (from “vertical takeoff and landing”). In 2024, the shares increased by 21%, compared with a 23% rise for the S&P 500.

As of December 31, 2024, the company's fleet had 210 aircraft, including 192 helicopters. Approximately 80% of the helicopters are owned, while the balance are leased. Bristow has a leading market position in the largest and most in-demand aircraft models, namely S92, AW189, and AW139. These three models represent 65% of the total fleet. The company had 25 new aircraft under construction or on order, with options for an additional 20 aircraft over time.

Bristow Group Inc. (VTOL) Vision Statement

A vision statement serves as a guiding star for a company, outlining its aspirations and long-term goals. It encapsulates the essence of what the company aims to achieve and provides a clear direction for its strategic initiatives. Similarly, a mission statement defines the company’s purpose and how it intends to achieve its vision, while core values are the fundamental beliefs that guide its actions and decisions. These elements collectively shape the company's identity and culture.

Bristow Group Inc. is a global provider of vertical flight solutions. Understanding its mission, vision, and core values provides insight into its strategic direction and operational philosophy. As of April 2025, while specific, formally declared vision statements may evolve, we can analyze Bristow's publicly stated goals and values to infer their overarching vision.

Mission Statement

Bristow's mission is centered on providing safe, reliable, and efficient vertical flight solutions. This involves:

• Delivering mission-critical services to various sectors, including offshore energy, search and rescue, and government services.
• Prioritizing safety in all aspects of its operations.
• Focusing on operational excellence and efficiency to meet client needs.

Vision

Based on Bristow's recent activities and strategic goals, their vision can be understood as aiming to be the leading global provider of innovative and sustainable vertical flight solutions. This includes:

• Expanding service offerings: Diversifying into new markets and service areas, such as urban air mobility and advanced drone operations.
• Technological Advancement: Integrating new technologies to improve efficiency, safety, and environmental sustainability.
• Sustainability: Reducing their environmental footprint through investments in new, more efficient aircraft and sustainable practices.
• Global Leadership: Maintaining and strengthening its position as a leading provider of vertical flight services worldwide.

Bristow Group Inc. has been actively involved in initiatives that reflect this vision. For example, Bristow is embracing new technologies and sustainable practices. Bristow's financial performance in 2024 reflects these strategic priorities. The company reported a revenue of $1.28 billion for the fiscal year 2024, demonstrating its strong market position. The gross profit stood at $271.1 million, and the adjusted EBITDA was $197.4 million. These figures indicate a focus on both growth and operational efficiency.

Core Values

Bristow's core values underpin its approach to business and stakeholder relationships:

• Safety: Emphasizing a culture of safety above all else.
• Integrity: Conducting business with honesty and transparency.
• Excellence: Striving for continuous improvement and high performance.
• Customer Focus: Meeting and exceeding customer expectations through reliable and responsive service.
• Teamwork: Fostering a collaborative and inclusive work environment.

These values are reflected in their operational policies, training programs, and engagement with stakeholders.

In summary, Bristow Group Inc.'s mission is to deliver safe and efficient vertical flight solutions, with a vision to lead in innovative and sustainable practices. Their core values emphasize safety, integrity, excellence, customer focus, and teamwork. These elements together drive Bristow's strategic decisions and operational activities. Further insights into the company's financial health can be found at: Breaking Down Bristow Group Inc. (VTOL) Financial Health: Key Insights for Investors.

Bristow Group Inc. (VTOL) Core Values of

Bristow Group Inc. operates with a clear mission and vision, underpinned by a set of core values that guide its operations and interactions with stakeholders. These values reflect the company's commitment to safety, performance, and ethical conduct. You can learn more about the company's background at: Bristow Group Inc. (VTOL): History, Ownership, Mission, How It Works & Makes Money

Safety

Safety is paramount at Bristow Group Inc. The company demonstrates this value through comprehensive training programs, rigorous maintenance schedules, and a proactive approach to risk management. Bristow's commitment to safety is not just about compliance; it's embedded in the company's culture, influencing every decision and action.

• Bristow has invested heavily in advanced safety technologies for its fleet.
• The company has implemented a comprehensive safety management system (SMS) that includes regular audits and continuous improvement initiatives.
• Bristow emphasizes a 'just culture' where employees are encouraged to report safety concerns without fear of reprisal.

Performance

Bristow Group Inc. strives for excellence in all aspects of its performance. This includes operational efficiency, financial results, and customer satisfaction. The company's focus on performance is driven by a commitment to delivering value to its shareholders, customers, and employees.

• Bristow continuously seeks ways to improve its operational efficiency, such as optimizing flight routes and reducing fuel consumption.
• The company invests in employee development to enhance skills and capabilities.
• Bristow actively solicits customer feedback to identify areas for improvement and ensure customer needs are met.

Integrity

Integrity is a cornerstone of Bristow Group Inc.'s corporate identity. The company adheres to the highest ethical standards in all its dealings, ensuring transparency, honesty, and fairness. Bristow's commitment to integrity builds trust with its stakeholders and reinforces its reputation as a responsible corporate citizen.

• Bristow has a strict code of conduct that outlines ethical expectations for all employees.
• The company has implemented a whistleblower policy to encourage reporting of unethical behavior.
• Bristow regularly conducts ethics training to reinforce its commitment to integrity.

Collaboration

Bristow Group Inc. recognizes the importance of teamwork and collaboration in achieving its goals. The company fosters a culture of open communication, mutual respect, and shared responsibility. Bristow's collaborative approach extends to its relationships with customers, suppliers, and other stakeholders.

• Bristow encourages cross-functional collaboration to leverage diverse perspectives and expertise.
• The company promotes knowledge sharing and best practices across its global operations.
• Bristow actively engages with its stakeholders to build strong, collaborative relationships.

Innovation

Bristow Group Inc. embraces innovation as a means of improving its services, enhancing safety, and creating value for its stakeholders. The company encourages employees to think creatively and challenge the status quo. Bristow's commitment to innovation ensures that it remains at the forefront of the aviation industry.

• Bristow invests in research and development to explore new technologies and solutions.
• The company partners with industry leaders to drive innovation and share best practices.
• Bristow encourages employees to submit ideas for innovation through internal programs.