3-Jun-2020Source: Era Group
Era Group Inc. (NYSE:ERA) (“Era”) announced that on June 1, 2020, the Board of Directors of Era (the “Board”) approved an amendment to the Amended and Restated Certificate of Incorporation of Era to effect a reverse stock split of the issued and outstanding shares of common stock of Era in connection with the consummation of... Read more
18-May-2020Source: Era Group
Era Group Inc. (NYSE: ERA) is pleased to announce the 10-year service anniversary of its Search and Rescue (“SAR”) program in the U.S. Gulf of Mexico. Collaborating with Priority 1 Air Rescue (“P1AR”), an internationally recognized leader of SAR services, the Company pioneered the establishment of its commercial air ambulance and search and rescue offering... Read more
18-May-2020Source: Bristow
Bristow Group and Era Group (NYSE:ERA) announced the new global organization structure and the selection of the executive leadership team that will help create a financially stronger industry leader in offshore helicopter transportation and search and rescue services. The structure and executive appointments will be effective upon the close of the transaction and approval by... Read more
8-May-2020Source: Era Group
Era Group Inc. (NYSE:ERA) (“Era”) announced that on April 24, 2020 it repurchased an aggregate of 44,359 shares of its common stock at an average price of $4.23 per share, on April 27, 2020 it repurchased an aggregate of 10,636 shares of its common stock at an average price of $4.31 per share and on... Read more
28-Apr-2020Source: Era Group
Era Group Inc. (NYSE:ERA) (“Era”) announced that on April 21, 2020 it repurchased an aggregate of 54,099 shares of its common stock at an average price of $3.64 per share, on April 22, 2020 it repurchased an aggregate of 46,027 shares of its common stock at an average price of $3.81 per share and on... Read more
14-Apr-2020
In connection with the proposed merger (the “Merger”) involving Era Group Inc. (“Era”) and Bristow Group Inc. (“Bristow”), on February 6, 2020, Era and Bristow each filed a premerger notification and report form under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”) with the Antitrust Division of the Department of Justice... Read more
2-Mar-2020Source: Era Group
Era Group Inc. (NYSE: ERA), one of the largest helicopter operators in the world, announced it will release financial results for its fourth quarter and fiscal year 2019 after the market closes on Thursday, March 5, 2020. In connection with the release, Era has scheduled a conference call for Friday, March 6, 2020, to begin... Read more
14-Jan-2020Source: Era Group
Era Group Inc. (NYSE: ERA), one of the largest helicopter operators in the world, today announced that David Stepanek has been appointed to the position of Senior Vice President, Business Development. Mr. Stepanek has an extensive background in aviation and the helicopter industry, most recently as the President of PHI Americas where he was responsible... Read more
30-Jul-2019Source: Era Group
Era Group Inc. (NYSE:ERA), one of the largest helicopter operators in the world, today announced it will release financial results for its second quarter 2019 after the market closes on Tuesday, July 30, 2019. In connection with the release, Era has scheduled a conference call for Wednesday, July 31, 2019, to begin at 10:00 a.m.... Read more
27-Jun-2019Source: Leonardo
Leonardo is pleased to celebrate another outstanding operational milestone for its bestselling AW139 with Era’s fleet achieving 200,000 flight hours. This accomplishment includes 166,000 operating flight hours and 34,000 hours in support of leasing partnerships. A prime civil helicopter customer to Leonardo, Era is one of the leading helicopter operators in the world and the... Read more
6-May-2019Source: Era Group
Era Group Inc. (NYSE: ERA), one of the largest helicopter operators in the world, announced it will release financial results for its first quarter 2019 after the market closes on Tuesday, May 7, 2019. In connection with the release, Era has scheduled a conference call for Wednesday, May 8, 2019, to begin at 10:00 a.m.... Read more
15-Apr-2019Source: Era Group
The National Ocean Industries Association (NOIA) presented Era Group Inc. (NYSE:ERA) (“Era”) with the 2019 NOIA Safety in Seas (SIS) Culture of Safety Award during the association’s annual meeting in Washington, DC. Era is recognized for instituting a robust safety culture that resulted in a drop in the company’s Total Recordable Incident Rate from 1.78... Read more
18-Mar-2019Source: DART Aerospace
When Rio de Janeiro-based Aeróleo Táxi Aéreo(“Aeróleo”), a subsidiary of Era Group Inc.,needed a certified cargo-carrying solution for its fleet of AW139s,DART Aerospace (“DART”) answered the challenge, and with resounding success. Aeróleo has provided offshore transportation services in Brazil for over 40 years and recently enhanced its cargo carrying capacity for its 13 AW139s through... Read more
14-Mar-2019Source: Era Group
Global cloud enterprise software provider Ramco Systems, announced ten years of Ramco Operations with Era Group Inc. (“Era”). Era, with more than 70 years of experience, is one of the largest helicopter operators in the world and the longest serving helicopter operator in the U.S. Era’s helicopters are primarily used to transport personnel to, from... Read more
6-Mar-2019Source: Era Group
Era Group Inc. (NYSE: ERA), one of the largest helicopter operators in the world, today announced it will release financial results for its fiscal year and fourth quarter 2018 after the market closes on Thursday, March 7, 2019. In connection with the release, Era has scheduled a conference call for Friday, March 8, 2019, to... Read more
21-Nov-2018Source: Era Group
Era Group Inc. (NYSE: ERA), one of the largest helicopter operators in the world, today announced that Crystal Gordon has been appointed to the position of Senior Vice President, General Counsel & Chief Administrative Officer, effective January 1, 2019. Ms. Gordon has an extensive background in corporate law, mergers and acquisitions, and aviation, most recently as... Read more
14-Sep-2018Source: Era Group
Era Group and Bel Air Aviation have entered into a teaming agreement. This new agreement means that the helicopter services offered by both companies will be further strengthened through a close cooperation. As the biggest commercial operator of AgustaWestland helicopters worldwide, Era will add fleet and support to the cooperation while Bel Air Aviation will... Read more
3-Mar-2018Source: Sikorsky
Sikorsky, a Lockheed Martin company (NYSE: LMT), today delivered the 300th S-92® helicopter. Era Group Inc. signed for the aircraft, configured for offshore oil worker transportation, in a ceremony at the 2018 Helicopter Association International Heli-Expo. This aircraft, assembled in Coatesville, Pennsylvania, will join Era Group’s fleet of eight Sikorsky helicopters and enter service in March in... Read more
3-Mar-2018Source: Era Group
Era Group Inc. (NYSE:ERA) (“Era”), one of the largest helicopter operators in the world, today announced it will release financial results for its fiscal year and fourth quarter 2017 after the market closes on Thursday, March 8, 2018. In connection with the release, Era has scheduled a conference call for Friday, March 9, 2018, to... Read more
27-Feb-2018Source: Leonardo
Leonardo and Era Group (Era) have announced today the signing of a landmark agreement that would launch the AW609 into service in the US commercial market and demonstrate its capabilities on a wider scale. Building upon their previous efforts in helping to mature the design, development and supportability of the AW609, Era will take delivery... Read more
15-Feb-2018Source: Era Group
Era Group Inc. (NYSE:ERA) (“Era”), one of the largest helicopter operators in the world and the longest serving helicopter transport operator in the United States, is pleased to commence a year-long celebration of 70 years of service beginning in 1948. Era’s founder, Carl Brady, learned to fly helicopters in Washington State where he formed Economy... Read more
31-Oct-2017Source: Era Group
Era Group Inc. (NYSE:ERA) (“Era”), one of the largest helicopter operators in the world, today announced it will release financial results for its third quarter 2017 after the market closes on Thursday, November 2, 2017. In connection with the release, Era has scheduled a conference call for Friday, November 3, 2017, to begin at 10:00... Read more
13-Aug-2017Source: HeliHub.com
Although Airbus’s H225s have been cleared for use after their recent suspension following the fatal crash in Norway, Era Group has commented that they do not see a return to service for their nine H225s. They are also in a court battle with Airbus as they claim Airbus knew full well the safety issues with... Read more
4-Aug-2017Source: Era Group
Era Group Inc. (NYSE:ERA) (“Era”), one of the largest helicopter operators in the world, today announced it will release financial results for its second quarter 2017 after the market closes on Tuesday, August 8, 2017. In connection with the release, Era has scheduled a conference call for Wednesday, August 9, 2017, to begin at 10:00... Read more
19-Jun-2017Source: Era Group
Era Group Inc. (NYSE: ERA) today announced that Jennifer Whalen has been appointed to the position of Vice President, Acting Chief Financial Officer, effective immediately. Ms. Whalen, who had served as Era’s Vice President and Chief Accounting Officer, will continue to serve as Era’s principal accounting officer. This leadership change was implemented in connection with the... Read more
27-Apr-2017Source: Era Group
Era Group Inc. (NYSE:ERA) (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its first quarter 2017 after the market closes on Tuesday, May 2, 2017. In connection with the release, Era has scheduled a conference call for Wednesday, May 3, 2017, to begin at... Read more
5-Mar-2017Source: Era Group
Era Group Inc. (NYSE:ERA), one of the largest helicopter operators in the world, today announced that one of its AW189 helicopters will be on display at the 2017 HAI Heli-Expo, the world’s largest trade show dedicated to the international helicopter community. Era served as the launch customer for the AW189 helicopter in the Americas upon taking delivery... Read more
17-Jan-2017Source: Era Group
Era Group Inc. (NYSE:ERA), one of the largest helicopter operators in the world, today announced that its search and rescue (SAR) program is the 2017 winner of Helicopter Association International’s Salute to Excellence Airbus Helicopters Golden Hour Award. The annual award is presented to those who have advanced the use of helicopters in the vital... Read more
2-Sep-2016Source: Era
Era Group, has announced that David Zaworski has been appointed Director of Safety and Compliance. With over seventeen years of experience in the aviation industry, Mr. Zaworski rejoins Era to oversee the company’s commitment to maintain the highest safety standards. Era’s President and Chief Executive Officer, Chris Bradshaw says, “David brings a wealth of industry... Read more
9-Aug-2016Source: Era Group
Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator, announced today the launch of its Unmanned Aerial Solutions (UAS) service offering and an exclusive agreement with Total Safety. Era’s UAS offering utilizes unmanned aerial and related sensory technologies for multiple applications such as inspections, surveys, mapping, imagery, and construction and engineering to service... Read more
29-Jul-2016Source: Era
Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its second quarter 2016 after the market closes on Tuesday, August 2, 2016. In connection with the release, Era has scheduled a conference call for Wednesday, August 3, 2016, to begin... Read more
28-Apr-2016Source: Era Group
Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its first quarter 2016 after the market closes on Tuesday, May 3, 2016. In connection with the release, Era has scheduled a conference call for Wednesday, May 4, 2016, to begin... Read more
4-Nov-2015Source: Era Group
Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator based in the United States, today announced it will release third quarter 2015 financial results after the market closes on Wednesday, November 4, 2015. In connection with the release, Era has scheduled a conference call for Thursday, November 5, 2015, to begin at 10:00... Read more
22-Oct-2015Source: Era Group
Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator based in the United States, announced that Aeróleo Taxi Aero S/A, its Brazilian joint venture (“Aeroleo”), received notification today from Petroleo Brasileiro S.A. (“Petrobras”) that Petrobras will cancel the ongoing tender process for heavy and medium helicopters. In its notification, Petrobras noted its determination that... Read more
18-Aug-2015Source: ERA
Era Group Inc. (NYSE: ERA), a leading helicopter transport operator based in the United States, today announced that Andrew Puhala has been appointed to the position of Senior Vice President, Chief FINANCIAL Officer, effective September 14, 2015. Mr. Puhala (45) has an extensive background in senior financial leadership positions in the energy industry, most recently... Read more
10-Aug-2015Source: Era Group
Era Group Inc. (NYSE: ERA) today reported net income of $11.3 million, or $0.55 per diluted share, for its second quarter ended June 30, 2015 (“current quarter”) on operating revenues of $70.7 million compared to net income for the quarter ended June 30, 2014 (“prior year quarter”) of $5.2 million, or $0.26 per diluted share,... Read more
26-Jun-2015Source: Sikorsky
Sikorsky Aircraft Corp. announced today that Era Group Inc. continues to expand its S-92® helicopter fleet with acceptance of a second S-92 helicopter baseline delivery. Sikorsky Aircraft is a subsidiary of United Technologies Corp. (NYSE: UTX). In January 2014, Era signed a multi-year contract with Sikorsky for S-92 helicopters. Sikorsky and Era celebrated the first... Read more
6-May-2015Source: Era Group
Era Group Inc. (NYSE: ERA) today reported break-even net earnings for its first quarter ended March 31, 2015 (“current quarter”) on operating revenues of $67.4 million. Net income for the quarter ended March 31, 2014 (“prior year quarter”) was $4.4 million, or $0.22 per diluted share, on operating revenues of $79.4 million. Earnings before interest,... Read more
14-Apr-2015Source: ERA
Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator based in the United States, today announced it will release first quarter 2015 financial results after the market closes on Tuesday, May 5, 2015. In connection with the release, Era has scheduled a conference call for Wednesday, May 6, 2015, to begin at 10:00... Read more
12-Mar-2015Source: Seeking Alpha
Good afternoon or morning. My name is Jake and I’ll be your conference operator today. At this time, I’d like to welcome everyone to the Era Group Earnings Call. See Full Story... Read more
10-Mar-2015Source: ERA
Era Group Inc. (NYSE: ERA) (“Era”), one of the largest helicopter operators in the world, will present at the Sidoti and Company 19th Annual Emerging Growth Research Institutional Investor Forum to be held in New York on March 16-17, 2015. Era’s Vice President Corporate Development and Finance, Ben Slusarchuk, will present on Tuesday, March 17,... Read more
2-Mar-2015Source: Era Group
Era Group Inc. (NYSE: ERA) (the “Company” or “Era Group”) today announced that its 2015 Annual Meeting of Stockholders will be held at the Company’s principal executive offices located at 818 Town & Country Blvd., Suite 200, Houston, Texas 77024 on Wednesday, June 24, 2015, at 10:00 a.m. local time. The Company fixed April 27, 2015 as... Read more
12-Feb-2015Source: Era
Era Group Inc. ERA, +0.36% (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its fiscal year and fourth quarter 2014 after the market closes on Tuesday, March 10,2015. In connection with the release, Era has scheduled a conference call for Wednesday, March 11, 2015,... Read more
15-Jan-2015Source: ERA
Era Group Inc. (NYSE: ERA) today announced that it has secured contracts for three additional medium helicopters in the Gulf of Mexico. The helicopters, which include two Sikorsky S-76s and one AgustaWestland AW139, will be used to support drilling programs and various projects for three of the Company’s oil and gas partners. “Era’s proven ability... Read more
3-Dec-2014Source: ERA
Era Group Inc. (NYSE: ERA) announced that its Board of Directors has appointed Christopher S. Bradshaw as Chief Executive Officer effective immediately. Mr. Bradshaw has been serving as Acting CEO since August 2014 and has served as the company’s Chief Financial Officer since October 2012. Charles Fabrikant, Chairman of the Board, stated, “On behalf of... Read more
27-Nov-2014Source: Era Group
Era Group Inc. (NYSE: ERA) (“Era”), one of the largest helicopter operators in the world, will present at the Cowen and Company Ultimate Energy Conference to be held in New York on December 2-3, 2014. Era’s Acting Chief Executive Officer and Chief Financial Officer, Chris Bradshaw, will present on Tuesday, December 2 at 3:35 p.m.... Read more
27-Oct-2014Source: Era Group
Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its fiscal year 2014 third quarter after the market closes on Tuesday, November 4, 2014. In connection with the release, Era has scheduled a conference call for Wednesday, November 5, 2014,... Read more
15-Aug-2014Source: Era Group
Era Group Inc. (NYSE: ERA) (“Era”) today announced that its Board of Directors authorized the repurchase of up to $25 million in value of its common stock from time to time. The repurchase authorization permits the Company to make repurchases on a discretionary basis as determined by an Executive Committee of the Company’s Board of Directors,... Read more
13-Aug-2014Source: Seeking Alpha
Welcome everyone to the ERA Group Earnings Call. See Full Story... Read more
13-Aug-2014Source: Era Group
Era Group Inc. (NYSE: ERA) today reported net income for its second quarter ended June 30, 2014 of $5.2 million, or $0.26 per diluted share, on operating revenues of $86.6 million compared to net income of $5.1 million, or $0.25 per diluted share, on operating revenues of $74.2 million in the prior year second quarter. Excluding... Read more
4-Aug-2014Source: ERA
Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its fiscal year 2014 second quarter after the market closes on Tuesday, August 5, 2014. In connection with the release, Era has scheduled a conference call for Wednesday, August 6, 2014,... Read more
2-May-2014Source: Era Group
Era Group Inc, (“Era”), one of the largest helicopter operators in the world and the longest serving helicopter transport operator in the U.S., announced today that it has appointed Cory Theriot to the post of Vice President of Safety and Quality Assurance. As part of Era’s senior management team, Theriot brings nearly two decades of experience... Read more
25-Apr-2014Source: Era Group
Era Group Inc. (NYSE: ERA) (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its fiscal year 2014 first quarter after the market closes on Tuesday, May 6, 2014. In connection with the release, Era has scheduled a conference call for Wednesday, May 7, 2014, to... Read more
1-Apr-2014Source: Era
Era Group Inc. (NYSE: ERA) (“Era”) announced today that it has amended and upsized its existing revolving credit facility. The amended facility increases borrowing capacity by 50%, reduces the company’s cost of capital and offers greater operational flexibility with the Company’s global fleet of helicopters. The amended facility increases capacity from $200 million to $300... Read more
20-Mar-2014Source: Era Group
Era Group Inc. (NYSE: ERA) Full year 2013 net income of $18.7 million on operating revenues of $299.0 million compared to net income of $7.8 million on operating revenues of $272.9 million in 2012 Fourth quarter net income of $1.8 million on operating revenues of $76.0 million compared to net income of $3.6 million on... Read more
17-Mar-2014Source: Era Group
Era Group Inc, one of the largest helicopter operators in the world, will be attending the Howard Weil 42nd Annual Energy Conference to be held in New Orleans on March 23-27, 2014. Era’s Chief Executive Officer, Sten Gustafson, will host a breakfast table and attend investor meetings on Wednesday, March 26. He will be joined... Read more
12-Mar-2014Source: Era Group
Era Group Inc. ERA -1.12% (“Era”), a leading helicopter transport operator based in the United States, today announced it will release financial results for its fiscal year and fourth quarter ended December 31, 2013 after the market closes on Monday, March 17, 2014. In connection with the release, Era has scheduled a conference call for... Read more
1-Mar-2013Source: Era Group
Era Group Inc. ERA -0.64% today announced its results for the fourth quarter and year ended December 31, 2012. Prior to January 31, 2013, Era Group was a wholly owned subsidiary of SEACOR Holdings Inc. (“SEACOR”). On January 31, 2013, SEACOR completed the spin-off of Era Group (“Spin-off”). Era Group is now an independent public... Read more
