Bristow Group Inc
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Company profile

Bristow Group Inc. is a provider of flight solutions. The Company provides aviation services to national and independent energy companies. It also provides commercial search and rescue (SAR) services in multiple countries and public sector SAR services in the United Kingdom on behalf of the Maritime & Coastguard Agency (MCA). The Company also offers fixed-wing transportation and other aviation related solutions. The Company owns and operates three classes of helicopters, such as heavy helicopters, medium helicopters and light helicopters. Its heavy helicopters have twin engines and passenger capacity ranging from 16 to 19. Its medium helicopters have twin engines and passenger capacity of 12. Its light helicopters have single or twin engines and a typical passenger capacity of four to seven. Its total fleet consists of approximately 229 aircraft, of which 213 were helicopters. Its fleet also includes approximately 14 fixed wing aircraft and two unmanned aerial vehicles (UAV).

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DiDi's stock selloff after SEC probe disclosure weighs on U.S.-listed shares of other China-based companies

8:45 am ET May 4, 2022 (MarketWatch)

A selloff in DiDi Global Inc.'s stock (DIDI), after the China-based ride-hailing company disclosed a Securities and Exchange Commission probe into its June 2021 initial public offering, sent other U.S.-listed shares of China-based companies lower. DiDi's stock dropped 4.0% in premarket trading. The company's shareholders are set to vote on May 23 on the company's proposal to delist from the NYSE, and to list in Hong Kong instead, after Chinese regulators announced an investigation into alleged data-privacy violations. Elsewhere, shares of Alibaba Group Holding Ltd. (9988.HK) shed 2.8% ahead of the open, Pinduoduo Inc. (PDD) slid 3.3%, iQIYI Inc. (IQ) dropped 1.7%, Nio Inc. (NIO) fell 1.4% and Inc. (JD) gave up 2.9%. The iShares MSCI China ETF (MCHI) declined 2.0% premarket, while futures for the S&P 500 rose 0.4%.

-Tomi Kilgore


(END) Dow Jones Newswires

May 04, 2022 08:45 ET (12:45 GMT)

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