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.
About Era
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
www.eragroupinc.com.
About Sikorsky
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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