EX-25 8 h57336exv25.htm STATEMENT OF ELIGIBILITY OF TRUSTEE exv25
Exhibit 25
 
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM T-1
STATEMENT OF ELIGIBILITY UNDER
THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
Check if an Application to Determine Eligibility of
a Trustee Pursuant to Section 305(b)(2)
 
U.S. BANK NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)
31-0841368
I.R.S. Employer Identification No.
           
  800 Nicollet Mall
Minneapolis, Minnesota
     55402  
  (Address of principal executive offices)     (Zip Code)  
 
Susan C. Merker
U.S. Bank National Association
225 Asylum Street, 23rd Floor
Hartford, CT 06103
(860) 241-6815
(Name, address and telephone number of agent for service)
Bristow Group Inc.*
(Issuer with respect to the Securities)
           
  Delaware     72-0679819  
  (State or other jurisdiction of incorporation or organization)     (I.R.S. Employer Identification No.)  
 
           
  2000 W. Sam Houston Parkway, Suite 1700
Houston, TX
     77042  
  (Address of Principal Executive Offices)     (Zip Code)  
 
Debt Securities
(Title of the Indenture Securities)
*Includes additional registrants identified on the following page.
 
 

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AIR LOGISTICS, L.L.C.
(Exact name of registrant as specified in its charter)
     
LOUISIANA
(State or other jurisdiction of
incorporation or organization)
  72-1412904
(I.R.S. Employer Identification Number)
AIR LOGISTICS OF ALASKA, INC.
(Exact name of registrant as specified in its charter)
     
ALASKA
(State or other jurisdiction of
incorporation or organization)
  92-0048121
(I.R.S. Employer Identification Number)
AIRLOG INTERNATIONAL, LTD.
(Exact name of registrant as specified in its charter)
     
DELAWARE
(State or other jurisdiction of
incorporation or organization)
  72-0679819
(I.R.S. Employer Identification Number)

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FORM T-1
Item 1.     GENERAL INFORMATION. Furnish the following information as to the Trustee.
  a)   Name and address of each examining or supervising authority to which it is subject.
 
      Comptroller of the Currency
Washington, D.C.
 
  b)   Whether it is authorized to exercise corporate trust powers.
 
      Yes
Item 2.     AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee, describe `` each such affiliation.
None
     
Items 3-15
  Items 3-15 are not applicable because to the best of the Trustee’s knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.
Item 16.   LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.
  1.   A copy of the Articles of Association of the Trustee.*
 
  2.   A copy of the certificate of authority of the Trustee to commence business.*
 
  3.   A copy of the certificate of authority of the Trustee to exercise corporate trust powers.*
 
  4.   A copy of the existing bylaws of the Trustee.**
 
  5.   A copy of each Indenture referred to in Item 4. Not applicable.
 
  6.   The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.
 
  7.   Report of Condition of the Trustee as of March 31, 2008, published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.
 
*   Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.
 
**   Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-145601 filed on August 21, 2007

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SIGNATURE
     Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Hartford, State of Connecticut on the 5th of June, 2008.
         
  U.S. BANK NATIONAL ASSOCIATION
 
 
  By:   /s/ Susan C. Merker    
    Susan C. Merker   
    Vice President   
 
         
     
By:   /s/ Elizabeth C. Hammer      
  Elizabeth C. Hammer     
  Vice President     
 

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Exhibit 6
CONSENT
     In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.
Dated: June 5, 2008
         
  U.S. BANK NATIONAL ASSOCIATION
 
 
  By:   /s/ Susan C. Merker    
    Susan C. Merker   
    Vice President   
 
         
     
By:   /s/ Elizabeth C. Hammer      
  Elizabeth C. Hammer     
  Vice President     
 

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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 3/31/2008
($000’s)
         
    3/31/2008  
Assets
       
Cash and Balances Due From Depository Institutions
  $ 7,494,457  
Securities
    38,286,822  
Federal Funds
    5,371,110  
Loans & Lease Financing Receivables
    156,885,223  
Fixed Assets
    3,251,220  
Intangible Assets
    11,809,562  
Other Assets
    14,170,921  
 
     
Total Assets
  $ 237,269,315  
 
       
Liabilities
       
Deposits
  $ 143,100,823  
Fed Funds
    13,224,737  
Treasury Demand Notes
    0  
Trading Liabilities
    982,166  
Other Borrowed Money
    41,879,455  
Acceptances
    0  
Subordinated Notes and Debentures
    7,647,466  
Other Liabilities
    7,818,123  
 
     
Total Liabilities
  $ 214,652,770  
 
       
Equity
       
Minority Interest in Subsidiaries
  $ 1,530,190  
Common and Preferred Stock 18,200
       
Surplus
    12,057,586  
Undivided Profits
    9,010,569  
 
     
Total Equity Capital
  $ 22,616,545  
 
       
Total Liabilities and Equity Capital
  $ 237,269,315  
 
To the best of the undersigned’s determination, as of the date hereof, the above financial information is true and correct.
         
U.S. Bank National Association
 
   
By:   /s/ Susan C. Merker      
  Vice President     
       
 
Date: June 5, 2008

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