Era Group Reports Q2 2019 Results, 31-Jul-19 : #Balance Era Group reports a net income of $4.9M for second quarter 2019. Earnings before interest, taxes, depreciation and amortization (“EBITDA”) was $18.3M in this quarter compared to $4.5M in the preceding quarter. Era recently signed two new multi-year contracts in deepwater Gulf of Mexico to be support by 14 full-time medium and heavy helicopters
200,000 Flight Hours for ERA’ AW139 Fleet, 21-Jun-19 : Paris Air Show 2019 ERA Helicopters celebrating first 200,000 flight hours with its AW139 fleet including 34,000 of them in support of leasing partnerships. Beginning in 2005, Era now operates 36 AW139s mainly for the offshore oil and gas industry
Era Wins 2019 NOIA Safety in Seas Award, 11-Apr-19 : #Award National Ocean Industries Association (NOIA) recognized Era Group with 2019 NOIA Safety in Seas (SIS) Culture of Safety Award. Era dropped its Total Recordable Incident Rate from 1.78 to zero and Lost Time Injury Cases from .78 to zero the last five years
Greenbriar and FAvS Acquired DART Aerospace, 11-Mar-19 : #acquisition Greenbriar Equity Group and First Aviation Services (FAvS) acquired rotorcraft components manufacturer DART Aerospace which has been a subsidiary of Eagle Copters and Era for over 10 years.
Terms of the transaction were not disclosed but DART’s current management team will continue to lead the Company and it will continue to operate from its existing worldwide facility network
Era and Bel Air Enter Teaming Agreement, 17-Sep-18 : #partnership Era Group, biggest commercial operator of AgustaWestland helicopters worldwide, entered into a teaming agreement with Danish offshore helicopter company Bel Air
300th S-92 Goes to Era Helicopters, 28-Feb-18 : Heli-Expo 2018 Configured for offshore oil worker transportation, the production number 300 S-92 will enter service with Era Helicopters in the Gulf of Mexico in March. A ceremony was held at Heli-Expo 2018
Era to Provide VIP Flight for Super Bowl, 27-Jan-17 : Era will offer VIP helicopter transport service from three Houston-area airports to attendees flying in for the Super Bowl LI big game on Sunday, February 5, 2017