Bristow Group Bolsters Presence In Brazil With The Launch Of Two New Operating Bases
Portfolio Pulse from Benzinga Newsdesk
Bristow Group Inc. (NYSE:VTOL) has expanded its operations in Brazil with the opening of two new bases at Eurico de Aguiar Salles Airport in Vitória, Espírito Santo, and Farol de São Thomé, Rio de Janeiro. This brings the company's total number of bases in Brazil to five and the total number of helicopters operating countrywide to 15. The company now has a total fleet of 15 helicopters operational in Brazil to meet customer needs.
July 26, 2023 | 12:40 pm
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Bristow Group Inc. has expanded its operations in Brazil, which could potentially increase its revenue and customer base in the region.
The expansion of Bristow Group Inc. in Brazil indicates a strategic move to increase its market share and customer base in the region. This could potentially lead to increased revenues and profitability for the company, positively impacting its stock price in the short term.
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