North Sea helicopter operator Bristow Helicopters said yesterday it had worked hard to “secure its position” during a difficult year.
The firm, which is part of US-based Bristow Group, saw losses widen to £25.6million during the year to March 31, from just over £2million previously.
But a recently won contract to provide UK search and rescue (SAR) services helped drive up turnover to nearly £380million, from £334.8million in 2014/15.