8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December 8, 2006 (November 30, 2006)

Bristow Group Inc.

(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction
of incorporation) 001-31617
(Commission File Number) 72-0679819
(IRS Employer
Identification No.)

2000 West Sam Houston Parkway South, Suite 1700,
Houston, Texas 77042
(Address of principal executive offices)

(713) 267-7600
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

	Item 8.01 Other Events.
	Item 9.01 Financial Statements and Exhibits.
Press Release

Item 8.01 Other Events.

On November 30, 2006, Bristow Group Inc. sold substantially all of the assets of its wholly owned subsidiary, Turbo Engines Inc., (“Turbo”) to Timken Alcor Aerospace Technologies, Inc., for an aggregate purchase price of approximately US$13,500,000 subject to adjustment for changes in working capital. Turbo, located in Tucson, Arizona, overhauls and refurbishes aircraft engines for a number of third parties.

A copy of the press release issued by Bristow on December 1, 2006 announcing the closing of this transaction is attached as Exhibit 99.1 hereto and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
99.1	Press Release dated December 1, 2006

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	BRISTOW GROUP INC.
Date: December 8, 2006	By:	/s/ Randall A. Stafford
		Randall A. Stafford
		Vice President, General Counsel and Corporate Secretary

Exhibit Index

Exhibit Number	Description of Exhibit
99.1	Press Release of the Company dated December 1, 2006 announcing the sale of assets of Turbo Engines Inc.

EX-99.1

Exhibit 99.1

Bristow Group Inc. Announces Sale of Turbo Engines, Inc.

HOUSTON—(BUSINESS WIRE)—Nov. 30, 2006—Bristow Group Inc., a leading provider of helicopter services and production management services to the offshore energy industry, announced today that it has completed the sale of the assets of its aircraft engine overhaul business, Turbo Engines, Inc., to Timken Alcor Aerospace Technologies, Inc. for approximately $14 million, including estimated post-closing adjustments. Turbo Engines, Inc., located in Tucson, Arizona, overhauls and refurbishes aircraft engines for a number of third parties.

The sale, effective November 30, 2006, was approximately equal to book value, but a loss will be recognized for the tax expense of $2.5 million related to non-deductible goodwill recorded at the time Bristow acquired Turbo Engines, Inc. in 2001.

William E. Chiles, Bristow’s President and Chief Executive Officer, commented that “While Turbo Engines has been a profitable part of Bristow for the past five years, we are pleased to capitalize on this opportunity to allow us to concentrate capital on opportunities in our core offshore helicopter services business and to strengthen our relationship with an important supplier, Timken.”

Bristow Group Inc. is the leading provider of helicopter services to the worldwide offshore energy industry based on number of aircraft operated. Through its subsidiaries, affiliates and joint ventures, the Company has major operations in the U.S. Gulf of Mexico and the North Sea, and operations in most of the other major offshore oil and gas producing regions of the world, including Alaska, Australia, Brazil, China, Mexico, Nigeria, Russia and Trinidad. Additionally, the Company is a leading provider of production management services for oil and gas production facilities in the U.S. Gulf of Mexico. The Company’s Common Stock trades on the New York Stock Exchange under the symbol BRS and the Preferred Stock trades on the NYSE under the symbol BRS Pr.

CONTACT: Bristow Group Inc., Houston
Investor Relations:
Joe Baj, 713-267-7605
Fax: 713-267-7620
joe.baj@bristowgroup.com