FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
WEBSTER STEVEN A
   2. Issuer Name and Ticker or Trading Symbol
ERA GROUP INC. [ERA] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O ERA GROUP INC., 818 TOWN & COUNTRY BLVD., SUITE 200		 3. Date of Earliest Transaction (Month/Day/Year)
02/27/2013
(Street)

HOUSTON, TX 77024		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/31/2013   J(1)   24,087 (1) A (1) 24,087 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy) $ 11.42 02/27/2013   A(2)   13,384     (3) 05/20/2020 Common stock 13,384 $ 0 13,384 D  
Stock Options (right to buy) $ 11.6 02/27/2013   A(2)   13,384     (3) 05/13/2019 Common stock 13,384 $ 0 13,384 D  
Stock Options (right to buy) $ 13.59 02/27/2013   A(2)   13,384     (3) 05/17/2016 Common stock 13,384 $ 0 13,384 D  
Stock Options (right to buy) $ 15.36 02/27/2013   A(2)   13,384     (3) 03/04/2018 Common stock 13,384 $ 0 13,384 D  
Stock Options (right to buy) $ 16.74 02/27/2013   A(2)   13,384     (3) 05/17/2017 Common stock 13,384 $ 0 13,384 D  
Stock Options (right to buy) $ 18.4 02/27/2013   A(2)   13,384     (4) 06/07/2022 Common stock 13,384 $ 0 13,384 D  
Stock Options (right to buy) $ 20.41 02/27/2013   A(2)   13,384     (3) 05/24/2021 Common stock 13,384 $ 0 13,384 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
WEBSTER STEVEN A
C/O ERA GROUP INC.
818 TOWN & COUNTRY BLVD., SUITE 200
HOUSTON, TX 77024		   X      

Signatures

 /s/ Steven Webster   03/01/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On January 31, 2013, SEACOR Holdings Inc. ("SEACOR") effected the distribution of 100% of the outstanding shares of common stock of Era Group Inc. ("Era Group") held by SEACOR to SEACOR's shareholders (the "Distribution"). As a result of the Distribution, the reporting person received one share of Era Group common stock for each share of SEACOR common stock (including SEACOR restricted stock awards) held on the record date for the Distribution, January 24, 2013, or a total of 24,087 shares of Era Group common stock. The acquisition of shares as a result of the Distribution was exempt pursuant to Rule 16a-9.
(2) In connection with the Distribution, the reporting person's SEACOR options were converted into Era Group options pursuant to a replacement award agreement between the reporting person and Era Group (the "Replacement Awards"). The compensation committee of the registrant's board of directors ratified the number of awards to be issued as Replacement Awards and the issuance of the Replacement Awards on February 27, 2013.
(3) The options are fully vested and exercisable.
(4) The options will vest on June 7, 2013, provided that Mr. Webster is serving as a director of Era Group as of such date.

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