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EXHIBIT 21.1
SUBSIDIARIES OF OFFSHORE LOGISTICS, INC.
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%
Airlog Part Sales, Inc. Louisiana 100%
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 International Limited England 49%
Bristow Helicopters Limited England 49%
Bristow Helicopters Nigeria Limited Nigeria 40% *
Bristow International Limited England 100%
Bristow Technical Services Limited England 49%
FB Heliservices Limited England 50% *
FBL Limited England 50% *
FBS Limited England 50% *
Grasso Corporation Delaware 100%
Grasso Production Management Texas 100%
Guaranty Financial International, N.A. Netherlands 49%
Antilles
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%
Pueblo Airmotive, Inc. Arizona 100%
* percentage owned by Bristow Helicopters Limited