Bristow Group, Inc. (VTOL) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you. 🎵 🎵 Thank you. Thank you. 🎵 🎵 Thank you. Thank you. 🎵 🎵 Thank you. Good day, everyone, and welcome to the Bristow Group's fourth quarter 2025 earnings call. Today's call is being recorded. After the speaker's remarks, there'll be a question and answer session. If you'd like to ask a question during that time, simply press star followed by the number five on your telephone keypad. At this time, I'd like to turn the call over to Red Tillahan, Senior Manager of Investor Relations and Financial Reporting. Thank you, Luke. Good morning, everyone, and welcome to Bristow Group's fourth quarter and full year 2025 earnings call. I am 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'd 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 flow. For reconciliation of such measures, the GAAP is included in the earnings release and the investor presentation. I'll now turn the call over to our President and CEO. Chris? Thank you, Red. I will begin with a note on safety, which is Bristow's number one core value and our highest operational priorities. We experienced fewer lost work days in 2025, the second consecutive year of improvement in this metric. The Bristow team remains committed to our target zero safety culture and the belief that we each own safety every day. By maintaining situational a...