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star this property registered interest false more like this
star this property date less than 2019-02-15more like thismore than 2019-02-15
star this property answering body
Department for Transport more like this
star this property answering dept id 27 more like this
star this property answering dept short name Transport more like this
star this property answering dept sort name Transport more like this
star this property hansard heading Bristow Helicopters remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Transport, if he will assess the financial solvency of the ultimate owner of Bristow Helicopters Limited; and when he last made such an assessment. more like this
star this property tabling member constituency Stockton North more like this
star this property tabling member printed
Alex Cunningham more like this
star this property uin 222024 more like this
unstar this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer remove filter
star this property answer text <p>Bristow Group Inc is an indirect shareholder of our search and rescue helicopter provider, Bristow Helicopters Limited. Bristow Group issued cautionary guidance to investors on 11 February about a material weakness observed in the internal controls over its financial reporting going back to 31 March 2018.</p><p> </p><p>Bristow Group intends to release further information on its financial position at the end of 2018 to the United States Securities and Exchange Commission (US SEC), no later than 19 February 2019. An assessment of Bristow Group’s financial position will be made following the release of its quarterly results to the US SEC.</p><p> </p><p>These current difficulties are contained within Bristow Group and do not affect the Department for Transport’s contract with Bristow Helicopters Limited.</p><p> </p> more like this
star this property answering member constituency Wealden more like this
star this property answering member printed Ms Nusrat Ghani more like this
star this property question first answered
less than 2019-02-20T14:53:51.997Zmore like thismore than 2019-02-20T14:53:51.997Z
star this property answering member
4460
star this property label Biography information for Ms Nusrat Ghani remove filter
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham remove filter