Bristow (VTOL) 10-K2023 FY Annual report

Filed: 5 Mar 24, 6:59pm

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New words: AAM, abide, accomplish, airframe, authentication, aware, backfilling, Bergen, BEU, Centre, Chevron, commentary, constrained, contact, contemporaneously, cum, database, deepened, Defence, discriminatory, drop, Dublin, Elizabeth, email, EMS, en, encompassing, encryption, endpoint, EPA, ERM, Erosion, EVs, Expro, Falkland, firewall, forgo, FOST, harassment, Helder, Holdco, hybrid, ILT, Inspectie, introducing, IRA, IRCG, Irish, Jet, laude, Leefomgeving, Luchtvaartwet, magnitude, maker, meaningful, meant, Memorandum, Ministry, MOD, MOU, multifactor, nationwide, nautical, Navy, NOIA, notable, noteholder, Nova, OECD, Offense, onboard, operationalization, opportunistic, OSX, patching, pattern, pertinent, PHLX, PIF, pillar, posture, premier, principle, propulsion, Pucillo, Recast, renamed, Resiliency, roadmap, robust, sadly, SAF, Shah, Shannon, Shefali, Sligo, solution, Steering, strictly, subcontractor, super, syndicate, TCFD, TETRA, Text, THC, tighten, tightened, troop, UKSAR, upstream, vacant, Waterford, Westminster, Weston, wet, Yale

Removed: acreage, aerial, Allegiant, anniversary, announcement, appointed, ASC, attended, attending, attributable, behavior, bid, calculating, call, canceled, CARBO, choice, Codification, Colombia, Colorado, conform, consummated, contemplated, convertible, correlated, Crystal, declined, Denver, desist, directed, disaggregated, disclosed, division, dual, elimination, ending, expend, experiencing, extend, extending, extinguishment, facilitating, fifty, final, flexible, goodwill, Gordon, Graham, Hornbeck, inducing, interbank, Interior, jointly, lawyer, liquidation, London, longest, Macquarie, match, merged, Milestone, modified, multiplied, optional, partial, participating, pendency, pending, percent, possession, premium, presently, presidential, protective, published, qualify, recognizing, Reform, SAS, SEACOR, secondary, separately, Sicher, spread, stemming, structured, surrender, surviving, Transocean, uncollectible, unforeseeable, update, voluntary, warrant

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EXHIBIT 21.1 BRISTOW GROUP INC. Subsidiaries Company Place of Incorporation Percentage of Stock Owned Aeróleo Internacional LLC Delaware 100 % ALN, Inc. Delaware 100 % Aircraft Logistics Pty. Ltd. Australia 100 % * Aircrew Logistics Pty. Ltd. Australia 100 % * Atyrau-Bristow Airways Service Kazakhstan 49 % * BHNA Holdings Inc. Delaware 100 % BL Holdings B.V. Netherlands 100 % BL Scotia LP Scotland 100 % BNAS Holding Company Limited Ireland 49 % * BriLog Leasing Ltd. Cayman Islands 100 % BriLog Leasing Ltd. II Cayman Islands 100 % Bristow (UK) LLP England 100 % Bristow Aerial Solutions Limited England 100 % * Bristow Aircraft Leasing Limited England 100 % * Bristow Aircraft Leasing II Ltd. England 100 % * Bristow Arabia Aircraft and Maintenance Services Saudi Arabia 100 % * Bristow Aviation Holdings Limited England 49 % Bristow Canada Holdings Inc. British Columbia 100 % Bristow Canadian Real Estate Company Inc. British Columbia 100 % Bristow Caribbean Limited Trinidad and Tobago 100 % * Bristow Cayman Ltd. Cayman Islands 100 % Bristow Equipment Leasing Ltd, Cayman Islands 100 % Bristow EU Holdco B.V. Netherlands 49 % Bristow European Technical Services B.V. Netherlands 100 % ** Bristow Guyana Inc. Guyana 100 % * Bristow Helicopter Group Limited England 100 % * Bristow Helicopters (Ghana) Limited Ghana 90 % * Bristow Helicopters (International) Limited England 100 % * Bristow Helicopters (Nigeria) Limited Nigeria 48 % *** Bristow Helicopters Australia Pty. Ltd. Australia 100 % * Bristow Helicopters Inc. Delaware 100 % Bristow Helicopters Limited England 100 % * Bristow Holdings Company Ltd. Cayman Islands 100 % Bristow Holdings Company Ltd. III Cayman Islands 100 %

Bristow Holdings U.S. Inc. Delaware 100 % Bristow International Aviation (Guernsey) Limited Guernsey 100 % * British International Helicopter Services Limited England 100 % * Bristow International Panama S. de RL Panama 100 % Bristow Ireland Limited Ireland 100 % ** Bristow Leasing Limited England 100 % * Bristow Management Services Pty Limited Australia 100 % * Bristow Netherlands B.V. Netherlands 100 % ** Bristow Norway AS Norway 49 % **** Bristow Panama Inc. Panama 100 % Bristow Southeast Asia Limited England 100 % * Bristow Staff Pension Scheme Trustees Limited England 100 % * Bristow Taxi Aéreo S.A. Brazil 100 % Bristow Technical Services Limited England 100 % * Bristow U.S. Holdings LLC Delaware 100 % Bristow U.S. LLC Louisiana 100 % Bristow U.S. Leasing LLC Delaware 100 % Bristow Worldwide LP England ***** Caledonian Helicopters Limited England 100 % * Capiteq Pty Limited Australia 100 % * Cougar Helicopters Inc. Canada 40 % Era Aeroleo LLC Delaware 100 % Era Helicopters, LLC Delaware 100 % Era Leasing LLC Delaware 100 % Humberside International Airport Limited England 82.7 % * Kingsmill Insurance Company Limited Guernsey 100 % * NextGen VTOL Sales LLC Texas 100 % Offshore Logistics do Brasil Servicos Industrials E Maritimos Limitado Brazil 100 % Pan African Airlines (Nigeria) Limited Nigeria 56.15 % ****** Petroleum Air Services Egypt 25 % Turkmenistan Helicopters Limited Turkmenistan 51 % * United Helicopters Limited England 100 % * * Percentage owned by Bristow Aviation Holdings Limited (“BAHL”) or its subsidiaries. ** Percentage owned by Bristow EU Holdco B.V. *** Bristow Helicopters (Nigeria) Limited (“BHNL”) is a joint venture in Nigeria in which Bristow Helicopters Limited (“BHL”) owns a 48% interest, a Nigerian company owned 100% by Nigerian employees owns a

50% interest and an employee trust fund owns the remaining 2% interest. BHNL provides helicopter services to customers in Nigeria. **** Bristow Norway AS (“BNAS”) is wholly owned by a joint venture in Ireland in which BHL owns a 49% interest and a Norwegian employee owns a 51% interest. BNAS provides helicopter services to customers in Norway. ***** Bristow Worldwide LP is a partnership between Bristow (UK) LLP and BAHL. Under the Partnership Agreement, 95.88% of the profits and losses of BriLog Leasing Ltd. and Bristow Cayman Ltd. and 5% of the profits and losses of Bristow Helicopter Group Limited and its subsidiaries are allocated to Bristow (UK) LLP. The remaining 4.12% of the profits and losses of Brilog Leasing Ltd. and Bristow Cayman Ltd. and 95% of the profits and losses of Bristow Helicopter Group Limited and its subsidiaries are allocated to BAHL. ****** Pan African Airlines (Nigeria) Limited (“PAAN”) is a joint venture in Nigeria in which ALN Inc. owns a 49% interest, BHNL owns a 25.43% interest and Bristow Helicopters Inc. owns the remaining 1.17% interest. The percentage set forth in the table above reflects that (i) BHL owns a 48% interest in BHNL, (ii) BHL is a wholly owned subsidiary of BAHL and (iii) Bristow Group Inc. owns a 49% interest in BAHL.

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