Bristow Group, Inc. (VTOL) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone, and welcome to Bristol Group's first quarter of 2026 earnings call. Today's call is being recorded. After the speaker's remarks, there'll be a question and answer session. If you would like to ask a question during that time, simply press star followed by the number five on your telephone keypad. At this time, I would like to turn the call over to Red Tillohan, Senior Manager, Investor Relations and Financial Reporting. Thank you, Michael. Good morning, everyone, and welcome to Bristol Group's first quarter of 2026 earnings call. I'm joined on the call today with our President and Chief Executive Officer, Chris Bradshaw, and Senior Vice President and Chief Financial Officer, Jennifer Whalen. Before we begin, I would like to take this opportunity to remind everyone that during the course of this call, management may make forward-looking statements that are subject to risks and uncertainties that are described in more detail on slide three of the investor presentation. You may access the investor presentation on our website. we will also reference certain non-GAAP financial measures such as EBITDA and free cash flows. A reconciliation of such measures to GAAP is included in the earnings relief and the investor presentation. I will now turn the call over to our President and CEO. Chris? Thank you, Red. The company delivered on our goal of zero air accidents in the first quarter, and the Bristow team remains committed to safety as our number one core value and highest operational priority. Bristow's first quarter financial results place us on track for what is expected to be a transformational year for the company. We are pleased to affirm our financial guidance ranges for 2026, which notably reflect adjusted EBITDA growth for approximately 25% year o...