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Bristow Group targets $295 million to $325 million in 2026 EBITDA as Berry Aviation deal closes

A 2026 EBITDA outlook of $295 million to $325 million has moved Bristow Group (VTOL) into focus, arriving alongside confirmation that the Berry Aviation acquisition is complete. The company is also running an active…

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NewsMV Markets Desk
3 min read
5 August 2026Markets desk
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Key takeaways

  • Bristow Group set its 2026 EBITDA outlook at $295 million to $325 million.
  • Bristow confirmed its acquisition of Berry Aviation is complete, though financial terms were not disclosed.
  • Bristow is running an active sale process to divest its Norway OES business.
  • The company provided no additional financial breakdown tied to the EBITDA range, and neither portfolio move was separately quantified.
  • Bristow has not disclosed a buyer, timeline, or expected proceeds for the Norway OES divestiture.

A 2026 EBITDA outlook of $295 million to $325 million has moved Bristow Group (VTOL) into focus, arriving alongside confirmation that the Berry Aviation acquisition is complete. The company is also running an active sale process for its Norway OES business. Those two portfolio actions frame the operating picture behind the earnings band.

The EBITDA range

Bristow Group has formally set its 2026 EBITDA expectations between $295 million and $325 million. The company offered no additional financial breakdown tied to that range in its release.

The pairing of fresh guidance with two concurrent portfolio moves is a notable structure for the tape. A closed acquisition changes the revenue base going forward. A pending divestiture introduces timing uncertainty. Both factors sit inside the $295 million to $325 million band Bristow has offered, and neither has been separately quantified by the company.

Berry Aviation: acquisition complete

The Berry Aviation deal has moved to completion. Bristow Group confirmed the acquisition is finalized, bringing Berry Aviation into its portfolio. Financial terms for the transaction were not disclosed.

Norway OES: the sale process to watch

Bristow is actively pursuing the divestiture of its Norway OES business. The company has not disclosed a buyer, a timeline, or expected proceeds. The conclusion of that process is the next confirmable milestone for the Bristow setup: a definitive agreement or a regulatory filing would be the concrete data point to track.

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Frequently asked

What is Bristow Group's 2026 EBITDA guidance?

Bristow Group has formally set its 2026 EBITDA expectations between $295 million and $325 million, with no additional financial breakdown provided.

Is the Berry Aviation acquisition finished?

Yes, Bristow confirmed the Berry Aviation acquisition is complete and the business is now part of its portfolio, though financial terms were not disclosed.

What is happening with Bristow's Norway OES business?

Bristow is actively pursuing a divestiture of its Norway OES business but has not disclosed a buyer, a timeline, or expected proceeds.

What is the next milestone to watch in the Norway OES sale?

The next confirmable data point would be a definitive agreement or a regulatory filing marking the conclusion of the sale process.

Were the financial terms of the Berry Aviation deal disclosed?

No, Bristow did not disclose the financial terms of the Berry Aviation transaction.