Bristow Group Inc. sold its aircraft engine overhaul business, Turbo Engines, Inc., to Timken Alcor Aerospace Technologies, Inc. for about $14 million, including estimated post-closing adjustments. Based in Tucson, Ariz., Turbo Engines overhauls and refurbishes aircraft engines for a number of third parties. "While Turbo Engines has been a profitable part of Bristow for the past five years,” said Bristow President and CEO William Chiles, “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." More