- Bristow Group (BRS -5.2%) says it has grounded most of its EC225 helicopters, after regulators in Norway and the U.K. barred passenger flights with the model following Friday's fatal crash in the North Sea at the Gullfaks B oil field, killing all 13 people onboard.
- Airbus (OTCPK:EADSF, OTCPK:EADSY), which makes the helicopter, says it sees no need to suspend flights of the model, adding that its experts have conducted on-site inspections of the crashed helicopter parts and found no safety-of-flight risk for the fleet.
- The EC225, which has had previous safety problems with its main gearbox that drives the rotor, is the backbone of North Sea oil and gas helicopter operations.
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