Era Group Inc. Expands Its Heavy Aircraft Offering With Order for Multiple S92
HOUSTON, TX -- (Marketwired) -- 01/07/14 -- Era Group Inc. (NYSE:
ERA) (Era) is pleased to announce it has signed a multi-year
agreement with Sikorsky Global Helicopters, Inc. for the purchase of
four Sikorsky S92 heavy helicopters for an aggregate purchase price
of approximately $129 million. The aircraft are scheduled for
delivery commencing the first quarter of 2016. Era also has an option
to acquire five additional S92 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 S92 provides further
diversification for deepwater oil and gas missions for our operating
and contract-leasing customers around the world."
"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.
The multi-mission S92 helicopter incorporates numerous safety
features, including a flaw-tolerant design. The aircraft was
certified to harmonized Federal Aviation Administration, European
Aviation Safety Agency and Transport Canada Part 29 requirements, as
amended through Amendment 29-47, and remains the only aircraft in its
class that is certified to this rigorous airworthiness standard
without exception or waiver.
Era is one of the largest helicopter operators in the world and the
longest serving helicopter transport operator in the U.S. In addition
to servicing its U.S. customers, Era also provides helicopters and
related services to third-party helicopter operators and customers in
other countries, including Brazil, Canada, India, Mexico, Norway,
Spain, Sweden, the United Kingdom and Uruguay. Era's helicopters are
primarily used to transport personnel to, from and between offshore
installations, drilling rigs and platforms.
For additional information concerning Era, contact Ryann Tadlock,
Corporate Communications, at (337) 656-4141 or visit Era's website at
Sikorsky Global Helicopters is the commercial aircraft business of
Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp.
(NYSE: UTX). Sikorsky Aircraft Corp., based in Stratford, Conn., is a
world leader in helicopter design, manufacture and service. United
Technologies Corp., based in Hartford, Conn., provides a broad range
of high technology products and support services to the aerospace and
building systems industries.
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