Era Inks Deal With Sikorsky Global Helicopters For Multiple S92 Helicopters

(RTTNews) - Era Group Inc. (ERA) announced it has signed multi-year agreement with Sikorsky Global Helicopters, Inc. for the purchase of four Sikorsky S92 heavy helicopters 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."