Exclusive: Chris Bradshaw explains how ERA is staying afloat during the downturninsight Alasdair Whyte 16 Aug 19 0Now is not the best of times to be a helicopter operator in the oil and gas market. Even the giants of the market are… Read more
ERA Group and Bel Air team up for European offshore operationsnews Alasdair Whyte 18 Sep 18 0Era Group has entered into an agreement with Bel Air Aviation to provide helicopter services across Europe. The agreement will see Era offer up its… Read more
Sikorsky delivers 300th S 92 to Era Groupnews Terry Spruce 1 Mar 18 0LAS VEGAS, Feb. 28, 2018 – Sikorsky, a Lockheed Martin company, delivered the 300th S-92 helicopter. Era Group Inc. signed for the aircraft, configured for… Read more
Era Group Celebrates 70 Years of Servicenews Alasdair Whyte 16 Feb 18 0Era Group Inc., one of the largest helicopter operators in the world and the longest serving helicopter transport operator in the United States, is pleased… Read more
Era in new contract with BSEEnews Alasdair Whyte 26 Sep 16 0Era Group has announced that it has entered into a new contract with the Bureau of Safety and Environmental Enforcement (BSEE). The BSEE is a… Read more
A profit of CFOs – new CFOs at Bristow, CHC and Erainsight Alasdair Whyte 2 Sep 15 0One nice quirk about the English language is the different names given to groups. A collection of things can be taken as a whole. Many… Read more
Era appoints Andrew Puhala as SVP, CFOnews Alasdair Whyte 26 Aug 15 0The Era Group has appointed Andrew Puhala as senior vice president, chief financial officer. Puhala had previously served in the same position for American Electric… Read more
Era raises margin despite tough marketinsight Alasdair Whyte 11 Aug 15 0“To paraphrase Mark Twain, reports on the death of the Gulf of Mexico offshore market have been greatly exaggerated. At least as it relates to… Read more
Era’s second quarter profit rises despite low oil pricenews Alasdair Whyte 6 Aug 15 0Era Group announced an impressive profit of $11.3 million for its second quarter of 2015, compared to $5.2 million in the same quarter of 2014.… Read more
Era Group expands S-92 fleet and opens a super basenews Terry Spruce 29 Jun 15 0Era Group has taken delivery of its second S-92 helicopter ALSO READ: Record year for Era Group, but getting tougher In January 2014, Era signed… Read more
Plenty of helicopter finance despite oil priceinsight Alasdair Whyte 12 May 15 0You already know the quote about bankers and umbrellas. It does not apply at the moment. A barrel of Brent Crude may only be $65.… Read more
Record year for Era, but getting toughernews Alasdair Whyte 12 May 15 0Era Group had a record year in 2014 with adjusted earnings of $84.7 million against adjusted earnings of $77 million in 2013. But despite the… Read more
Sten Gustafson resigns from Era Group as CEOnews Terry Spruce 29 Aug 14 0The Era Group announces the immediate resignation of Sten Gustafson as CEO. Era Group has announced that Sten Gustafson has resigned as chief executive officer… Read more
Market analysis: Bristow vs CHC vs Erainsight Alasdair Whyte 22 Aug 14 0You can broadly speaking split the helicopter operators that serve the oil and gas industry into local and international operators. Although joint ventures between local… Read more
Good times (and results) for Bristow, CHC and Era Groupinsight Alasdair Whyte 14 Aug 14 0Summer in the Northern Hemisphere is usually a much less hazardous time to operate helicopters and it was also a pleasant time for the latest… Read more
International Corporate Jet & Helicopter Finance 2014: Live Blog – Day Threenews Terry Spruce 6 Feb 14 0Corporate Jet Investor brings you live helicopter coverage from International Corporate Jet & Helicopter Finance 2014 in London. Please refresh the page for the latest… Read more
Era Group orders four Sikorsky S-92 helicopters for $129mnews Terry Spruce 14 Jan 14 0Era Group orders four Sikorsky S-92 helicopters expanding its heavy aircraft offering. Era Group has announced that it has signed a multi-year agreement with Sikorsky… Read more
Era Group sees earnings fall over 2012news Terry Spruce 28 Feb 13 0Era Group has revealed that for the year ended 31 December 2012, net income was $7.8 million on operating revenues of $272.9 million, compared with… Read more
Data: Helicopter debt transactions in 2012news Terry Spruce 9 Jan 13 0Bond issues and export credit for helicopter operators dominated 2012 with Milestone Aviation Group also tapping the loan market three times. Read more
Seacor selling Era Helicoptersnews Terry Spruce 2 Sep 11 0Seacor Holdings is hoping to raise $150 million by selling part of Era Group, its helicopter subsidiary, in an initial public offering on the New… Read more
