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Bristow Group Announces Planned Retirement of Government Services COO

Story Highlights
  • Bristow announced on April 20, 2026 that Government Services COO Alan Corbett will retire at year-end after remaining to support a structured leadership transition.
  • Corbett’s tenure significantly expanded Bristow’s Government Services portfolio with major long-term search and rescue and coast guard contracts, prompting a global search for his successor.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bristow Group Announces Planned Retirement of Government Services COO

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An announcement from Bristow Group ( (VTOL) ) is now available.

Bristow Group Inc., the NYSE‑listed vertical flight services provider, announced on April 20, 2026 that Alan Corbett, Chief Operating Officer for Government Services, plans to retire at the end of this year after joining the company in 2014. Corbett, who has held multiple senior roles across Europe, Africa, the Middle East and Asia, will remain in his position until a successor is appointed to ensure a structured transition.

During his tenure, Corbett was credited with expanding Bristow’s Government Services portfolio by winning major long‑term contracts such as the UK Search and Rescue Second‑Generation program, the Irish Coast Guard contract, and the Netherlands and Dutch Caribbean Coast Guard programs. Bristow has launched a comprehensive global search, supported by an international executive search firm, underscoring the strategic importance of the Government Services business and the company’s intent to maintain continuity in its government client relationships.

The most recent analyst rating on (VTOL) stock is a Buy with a $56.00 price target. To see the full list of analyst forecasts on Bristow Group stock, see the VTOL Stock Forecast page.

Spark’s Take on VTOL Stock

According to Spark, TipRanks’ AI Analyst, VTOL is a Outperform.

Overall score is driven primarily by improved financial strength (notably the sharply reduced leverage) and a positive earnings outlook with reaffirmed 2026 guidance for material EBITDA growth. Technicals are supportive with positive momentum and a solid uptrend versus longer-term averages, while valuation looks reasonable on a ~10.9 P/E but lacks dividend-yield support due to missing yield data. The key constraint on the score remains inconsistent free-cash-flow conversion and margin pressure.

To see Spark’s full report on VTOL stock, click here.

More about Bristow Group

Bristow Group Inc. is a leading global provider of innovative and sustainable vertical flight solutions, primarily serving offshore energy companies and government entities. Its aviation services include personnel transportation, search and rescue, medevac, fixed-wing transportation, unmanned systems, and ad hoc helicopter services across markets including Australia, Brazil, Canada, Nigeria, Norway, the UK and the U.S.

The company’s energy customers charter helicopters to move staff between onshore bases and offshore platforms, rigs and other installations, while government clients mainly outsource search and rescue operations to Bristow. Additional services include regional fixed‑wing airline operations in Australia and dry‑leasing aircraft to third‑party operators in various industries and geographies.

Average Trading Volume: 207,257

Technical Sentiment Signal: Buy

Current Market Cap: $1.44B

See more data about VTOL stock on TipRanks’ Stock Analysis page.

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