Era Group orders four Sikorsky S-92 helicopters for $129m

Era Group orders four Sikorsky S-92 helicopters expanding its heavy aircraft offering.
Sikorsky S-92

A Sikorsky S-92 helicopter in flight.

Era Group has announced that it has signed a multi-year agreement with Sikorsky for the purchase of four Sikorsky S-92 heavy helicopters worth approximately $129 million.

The aircraft are scheduled for delivery starting in the first quarter of 2016. Era also has an option to acquire five additional S-92 helicopters.

Sten Gustafson, CEO of Era, said: “Era is delighted to announce the introduction of the S92 helicopter to the Era fleet, representing a continuation of our long-standing relationship with Sikorsky and the next stage in Era’s fleet development.”

“The S-92 provides further diversification for deepwater oil and gas missions for our operating and contract-leasing customers around the world,” added Gustafson.

“We’re thrilled Era continues to grow its fleet with Sikorsky aircraft, and we want to express our appreciation to Era for the trust and confidence they have in our helicopters,” said Carey Bond, president, Sikorsky Global Helicopters.

Sten Gustafson is due to speak at the International Corporate Jet Investor and Helicopter Finance day in London on the 6 February 2014.

Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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