EXHIBIT 21
OFFSHORE LOGISTICS, INC.
Subsidiaries of the Registrant as of March 31, 20051
Percentage | ||||||
Place of | of Voting | |||||
Company | Incorporation | Stock Owned | ||||
Aeroleo Taxi Aereo S/A | Brazil | 20 | % | |||
Air Logistics of Alaska, Inc. | Alaska | 100 | % | |||
Air Logistics, L.L.C. | Louisiana | 100 | % | |||
Aircopter Maintenance International, Inc. | Panama | 49 | % | |||
Airlog International, Inc. | Panama | 100 | % | |||
Airlog International, Ltd. | Delaware | 100 | % | |||
Aviashelf | Russia | 48.5 | %* | |||
Brilog Leasing Limited | Cayman Islands | 100 | % | |||
Bristow Aviation Holdings Limited | England | 49 | % | |||
Bristow Caribbean Ltd. | Trinidad/Tobago | 40 | %* | |||
Bristow Helicopter Group Limited | England | 49 | % | |||
Bristow Helicopters Australia Pty. Ltd. | Australia | 49 | % | |||
Bristow Helicopters, Inc. | Connecticut | 100 | % | |||
Bristow Helicopters International Limited | England | 49 | % | |||
Bristow Helicopters Leasing Limited | England | 51 | %* | |||
Bristow Helicopters Limited | England | 49 | % | |||
Bristow Helicopters Nigeria Limited | Nigeria | 40 | %* | |||
Bristow International Limited | England | 100 | % | |||
British Island Airways (Guernsey) Ltd. | Guernsey | 49 | % | |||
Bristow Technical Services, Ltd | England | 49 | % | |||
Caledonian Helicopters Ltd | England | 49 | % | |||
FB Heliservices Limited | England | 50 | %* | |||
FB Leasing Limited | England | 50 | %* | |||
FBS Limited | England | 50 | %* | |||
Grasso Corporation | Delaware | 100 | % | |||
Grasso Production Management | Texas | 100 | % | |||
Guaranty Financial International, N.A. | Netherlands Antilles | 49 | % | |||
Helicopter Leasing Associates, L.L.C. | Louisiana | 50 | % | |||
Heliservicio Campeche S.A. de C.V. | Mexico | 49 | % | |||
Hemisco Helicopters International, Inc. | Panama | 49 | % | |||
Medic Systems, Inc. | Delaware | 100 | % | |||
Norsk Helikopter AS | Norway | 49 | %* | |||
Offshore Logistics International, Inc. | Panama | 100 | % | |||
Pan African Airlines Nigeria Ltd. | Nigeria | 40 | % | |||
Petroleum Air Services | Egypt | 25 | % | |||
Turbo Engines, Inc. (formerly Pueblo Airmotive, Inc.) | Arizona | 100 | % | |||
Rotorwing Leasing Resources, LLC | Louisiana | 49 | % | |||
Sakhalin Bristow Air Services Limited | England | 51 | %* | |||
United Helicopter Limited | England | 49 | % |
* | percentage owned by Bristow Helicopters Limited | |
1 | Also includes certain consolidated and unconsolidated affiliates of the registrant as of March 31, 2005. |