ERA GROUP INC. overview

HOUSTON, June 11, 2020 (GLOBE NEWSWIRE) -- Bristow Group Inc. (NYSE:VTOL) and Era Group Inc. (“Era”) announced today that they have completed their combination (the “Merger”), creating a financially stronger company with enhanced size and diversification. The newly combined company will use the Bristow Group name (“Bristow”) and will remain a publicly traded company on the New York Stock Exchange. The newly combined company’s common stock will begin trading under the stock ticker...

HOUSTON, June 01, 2020 (GLOBE NEWSWIRE) -- Era Group Inc. (NYSE:ERA) (“Era”) announced today that on June 1, 2020, the Board of Directors of Era (the “Board”) approved an amendment to the Amended and Restated Certificate of Incorporation of Era to effect a reverse stock split of the issued and outstanding shares of common stock of Era in connection with the consummation of the proposed merger transaction involving Era and Bristow Group Inc. (“Bristow”), (the “Reverse Stock...

HOUSTON, May 14, 2020 (GLOBE NEWSWIRE) -- Era Group Inc. (NYSE: ERA) is pleased to announce the 10-year service anniversary of its Search and Rescue (“SAR”) program in the U.S. Gulf of Mexico. Collaborating with Priority 1 Air Rescue ("P1AR"), an internationally recognized leader of SAR services, the Company pioneered the establishment of its commercial air ambulance and search and rescue offering in the United States in 2010. The Company also established the first light SAR program in...

Structure and leadership team designed to support efficient, nimble local operations underpinned by global standards of excellence Executive Leadership Team led by industry veterans with proven track record of capital discipline, protecting shareholder value and generating free cash flow through industry cycles Leadership team poised to build upon common culture with strong foundation of safety, service, trust and teamwork Combination expected to close mid-June 2020 HOUSTON, May 12, 2020 (GLOBE...

HOUSTON, May 05, 2020 (GLOBE NEWSWIRE) -- Era Group Inc. (NYSE: ERA) today reported net loss attributable to the Company of $7.2 million, or $0.35 per diluted share, for its first quarter ended March 31, 2020 (“current quarter”) on operating revenues of $57.1 million compared to net loss attributable to the Company of $0.7 million, or $0.03 per diluted share, for the quarter ended December 31, 2019 (“preceding quarter”) on operating revenues of $60.4 million. Excluding the impact of...

HOUSTON, April 30, 2020 (GLOBE NEWSWIRE) -- Era Group Inc. (NYSE:ERA) (“Era”) announced today that on April 24, 2020 it repurchased an aggregate of 44,359 shares of its common stock at an average price of $4.23 per share, on April 27, 2020 it repurchased an aggregate of 10,636 shares of its common stock at an average price of $4.31 per share and on April 28, 2020 it repurchased an aggregate of 51,732 shares of its common stock at an average price of $4.81 per share under its previously...

HOUSTON, April 29, 2020 (GLOBE NEWSWIRE) -- Era Group Inc. (NYSE: ERA), one of the largest helicopter operators in the world, today announced it will release financial results for its first quarter 2020 after the market closes on Tuesday, May 5, 2020. In connection with the release, Era has scheduled a conference call for Wednesday, May 6, 2020, to begin at 10:00 a.m. ET (9:00 a.m. CT). Investors may participate in the call by phone. Dial 888-378-4398 for domestic callers or 323-701-0223 for...

HOUSTON, April 24, 2020 (GLOBE NEWSWIRE) -- Era Group Inc. (NYSE:ERA) (“Era”) announced today that on April 21, 2020 it repurchased an aggregate of 54,099 shares of its common stock at an average price of $3.64 per share, on April 22, 2020 it repurchased an aggregate of 46,027 shares of its common stock at an average price of $3.81 per share and on April 23, 2020 it repurchased an aggregate of 24,036 shares of its common stock at an average price of $4.23 per share under its previously...