Exhibit 99.9 (Q4 2012 Earnings Release)

FOR IMMEDIATE RELEASE - Era Group Inc. (NYSE: ERA) today announced its results for the fourth quarter and year ended December 31, 2012. Prior to January 31, 2013, Era Group was a wholly owned subsidiary of SEACOR Holdings Inc. (“SEACOR”). On January 31, 2013, SEACOR completed the spin-off of Era Group (“Spin-off”). Era Group is now an independent public company with its common stock listed on the New York Stock Exchange under the symbol “ERA”. In connection with the Spin-off, SEACOR exchanged all of the Era Group Series A preferred stock and Class B common stock that it held for newly-issued shares of Era Group common stock that was then distributed in the Spin-off. Following the Spin-off, Era Group has only one class of common stock outstanding and no preferred stock outstanding. The accretion of redemption value on Series A preferred stock ceased on January 31, 2013.

For the quarter ended December 31, 2012, the Company reported net income attributable to Era Group Inc. of $3.6 million on operating revenues of $70.9 million. For the quarter ended December 31, 2011, net loss attributable to Era Group Inc. was $3.3 million on operating revenues of $61.7 million. A comparison of results for the quarter ended December 31, 2012 with the quarter ended December 31, 2011 is included in the “Highlights for the Quarter” discussion below. For the preceding quarter ended September 30, 2012, net income attributable to Era Group Inc. was $5.2 million on operating revenues of $78.0 million.

Chief Executive Officer, Sten Gustafson, commented: “With our Spin-off completed at the end of January, Era Group has entered a new phase in its long and storied history. As a newly independent, publicly traded company, we are better-positioned to achieve our growth objectives. As we look forward to 2013, we are encouraged by the continued resurgence of the U.S. Gulf of Mexico, but we are also cognizant of the industry challenges posed by the current operational suspension of the EC225 helicopters. With no definitive time-line in place for the EC225 to return to service, a reduction or cancellation of customer contracts for those EC225 helicopters that we operate and for those operated by our contract-lease customers around the world could have an adverse effect on our financial results. During this challenging time, the operational capabilities of the AW139 helicopter have been demonstrated with great effect in serving to fill the needs of our EC225 customers. We are the largest owner and operator of AW139 helicopters in the world servicing the offshore oil and gas industry and have seen an increase in our AW139 utilization, particularly in Brazil where we have activated all of our previously idle AW139s, which means that all of our AW139s are now actively working and generating revenues for the Company.”

Operating revenues were $9.2 million higher compared with the same quarter in the prior year. Operating revenues from oil and gas activities were $10.3 million higher primarily due to newly delivered medium and light-twin engine helicopters being placed on contract, an expansion of government services support and increased charter activity for medium helicopters. Operating revenues from contract-leasing were $1.7 million higher primarily due to new contract-leases for medium and heavy aircraft that commenced in 2012. These increases were partially offset by a decrease of $2.6 million in operating revenues from air medical services primarily due to the conclusion of a long-term hospital contract.

Operating expenses were $1.2 million higher primarily due to an increase in personnel and fuel costs, consistent with the increase in activity, and an increase in insurance costs due to an increase in the overall fleet value. These increases were partially offset by a decrease in repairs and maintenance costs, primarily due to the recognition of maintenance credits received in connection with the end of two customer contract-leases and a decrease in power-by-hour expense as a result of a reduction in EC225 hours flown, partially offset by the timing of repairs on helicopters not covered by power-by-hour arrangements.

Operating revenues were $14.8 million higher compared with the prior year. Operating revenues from oil and gas activities were $34.8 million higher primarily due to newly delivered helicopters being placed in service, an expansion of government services support and an increase in charter flights primarily in support of hurricane evacuations. Operating revenues from contract-leasing activities were $13.4 million lower primarily due to the deferral and reduction of revenues from the Company's Brazilian joint venture in connection with a canceled contract award for four AW139 helicopters under contract-lease from the Company and the deferral of revenues from another customer due to the customer's short-term liquidity issues. Operating revenues for air medical services were $6.1 million lower primarily due to the conclusion of a long-term hospital contract.

Operating expenses were $4.5 million higher in the current year primarily due to an increase in personnel and fuel costs, consistent with the increase in activity, and an increase in insurance costs due to an increase in the overall fleet value. In addition, operating expenses were higher due to the 2011 receipt of insurance proceeds related to hurricane damages sustained in 2005. These increases were partially offset by a decrease in repairs and maintenance costs, primarily due to the recognition of vendor credits, maintenance credits received in connection with the end of two customer contract-leases and a decrease in power-by-hour expense as a result of a reduction in EC225 hours flown, partially offset by an increase as additional helicopters were placed in power-by-hour programs and by the timing of repairs on helicopters not covered by power-by-hour arrangements.

Administrative and general expenses were $2.9 million higher in the current year due to an allowance for doubtful accounts that was provided for in 2012 in connection with a customer bankruptcy and legal and professional expenses associated with a contemplated initial public offering of our common stock, offset by the recognition of severance costs in 2011 associated with changes in executive management. Depreciation expenses were $42.5 million in 2012, a decrease of $0.1 million primarily due to a change in the estimate of the useful life and salvage value of helicopters, offset by the addition of higher cost equipment.

Era Group 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 Group also provides helicopters and related services to third-party helicopter operators in other countries, including Brazil, Canada, India, Indonesia, Mexico, Norway, Spain, Sweden and the United Kingdom. Era Group's helicopters are primarily used to transport personnel to, from and between offshore installations, drilling rigs and platforms.

This release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements concerning management's expectations, strategic objectives, business prospects, anticipated economic performance and financial condition and other similar matters involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of results to differ materially from any future results, performance or achievements discussed or implied by such forward-looking statements. Such risks, uncertainties and other important factors include, among others the effect of the spin-off, including the ability of the Company to recognize the expected benefits from the spin-off and the Company's dependence on SEACOR's performance under various agreements; decreased demand and loss of revenues resulting from developments that adversely impact the offshore oil and gas industry, including U.S. government implemented moratoriums directing operators to cease certain drilling activities and any extension of such moratoriums that may result in unplanned customer suspensions, cancellations, rate reductions or non-renewals of aviation equipment or failures to finalize commitments to contract aviation equipment; the cyclical nature of the oil and gas industry; increased U.S. and foreign government legislation and regulation, including environmental and aviation laws and regulations, and the Company's compliance therewith and the costs thereof; dependence on the activity in the U.S. Gulf of Mexico and Alaska and the Company's ability to expand into other markets; liability, legal fees and costs in connection with providing emergency response services, including involvement in response to the oil spill that resulted from the sinking of the Deepwater Horizon in April 2010; decreased demand for the Company's services as a result of declines in the global

economy; declines in valuations in the global financial markets and a lack of liquidity in the credit sectors, including, interest rate fluctuations, availability of credit, inflation rates, change in laws, trade barriers, commodity prices and currency exchange fluctuations; activity in foreign countries and changes in foreign political, military and economic conditions; the failure to maintain an acceptable safety record; the dependence on small number of customers; consolidation of the Company's customer base; safety issues experienced by a particular helicopter model that could result in customers refusing to use that helicopter model or a regulatory body grounding that helicopter model, which could also permanently devalue that helicopter model; the ongoing need to replace aging aircraft; industry fleet capacity; restrictions imposed by the U.S. federal aviation laws and regulations on the amount of foreign ownership of the Company's common stock; operational risks; risks associated with our debt structure; effects of adverse weather conditions and seasonality; adequacy of insurance coverage; the attraction and retention of qualified personnel; and various other matters and factors, many of which are beyond the Company's control. In addition, these statements constitute Era Group's cautionary statements under the Private Securities Litigation Reform Act of 1995. It is not possible to predict or identify all such factors. Consequently, the foregoing should not be considered a complete discussion of all potential risks or uncertainties. The words “estimate,” “project,” “intend,” “believe,” “plan” and similar expressions are intended to identify forward-looking statements. Forward-looking statements speak only as of the date of the document in which they are made. Era Group disclaims any obligation or undertaking to provide any updates or revisions to any forward-looking statement to reflect any change in Era Group's expectations or any change in events, conditions or circumstances on which the forward-looking statement is based. The forward-looking statements in this release should be evaluated together with the many uncertainties that affect Era Group's businesses, particularly those mentioned under “Forward-Looking Statements” in Exhibit 99.1 to Era Group's Registration Statement on Form 10 and the Company's Annual Report on Form 10-K for the year ended December 31, 2012, which is incorporated by reference.

ERA GROUP INC. CONDENSED CONSOLIDATED STATEMENTS OF INCOME (in thousands, except per share data, unaudited)

	Three Months Ended December 31,						Year Ended December 31,
	2012			2011			2012			2011
Operating Revenues	$	70,895		$	61,696		$	272,921		$	258,148
Costs and Expenses:
Operating	42,282			41,084			167,195			162,707
Administrative and general	7,575			11,803			34,785			31,893
Depreciation	11,471			9,210			42,502			42,612
	61,328			62,097			244,482			237,212
Gains on Asset Dispositions and Impairments, Net	157			1,912			3,612			15,172
Operating Income	9,724			1,511			32,051			36,108
Other Income (Expense):
Interest income	145			362			910			738
Interest expense	(3,757		)	(529		)	(10,648		)	(1,376		)
Interest expense on advances from SEACOR	—			(4,486		)	—			(23,410		)
SEACOR management fees	(500		)	(1,323		)	(2,000		)	(8,799		)
Derivative gains (losses), net	2			(18		)	(490		)	(1,326		)
Foreign currency gains (losses), net	87			(80		)	720			516
Other, net	—			9			30			9
	(4,023		)	(6,065		)	(11,478		)	(33,648		)
Income (Loss) from Continuing Operations Before Income Tax Expense (Benefit) and Equity In Earnings (Losses) of 50% or Less Owned Companies	5,701			(4,554		)	20,573			2,460
Income Tax Expense (Benefit)	2,086			(2,232		)	7,298			434
Income (Loss) from Continuing Operations Before Equity in Earnings (Losses) of 50% or Less Owned Companies	3,615			(2,322		)	13,275			2,026
Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax	(84		)	(979		)	(5,528		)	82
Net Income (Loss)	3,531			(3,301		)	7,747			2,108
Net Loss attributable to Noncontrolling Interest	(40		)	—			(40		)	—
Net Income (Loss) attributable to Era Group Inc.	3,571			(3,301		)	7,787			2,108
Accretion of Redemption Value on Series A Preferred Stock	2,135			210			8,469			210
Net Income (Loss) attributable to Common Shares	$	1,436		$	(3,511	)	$	(682	)	$	1,898

Basic and Diluted Earnings (Loss) Per Common Share	$	0.06		$	(0.14	)	$	(0.03	)	$	0.18
EBITDA	$	20,700		$	8,330		$	67,285		$	69,202
Adjusted EBITDA	$	21,200		$	13,824		$	78,837		$	82,172
Adjusted EBITDAR	$	22,297		$	14,977		$	82,861		$	86,507

ERA GROUP INC. CONDENSED CONSOLIDATED STATEMENTS OF INCOME (in thousands, except per share data, unaudited)

	Three Months Ended
	Dec. 31, 2012			Sep. 30, 2012			Jun. 30, 2012			Mar. 31, 2012			Dec. 31, 2011
Operating Revenues	$	70,895		$	77,989		$	62,985		$	61,052		$	61,696
Costs and Expenses:
Operating	42,282			46,235			39,002			39,676			41,084
Administrative and general	7,575			10,338			7,195			9,677			11,803
Depreciation	11,471			10,937			10,464			9,630			9,210
	61,328			67,510			56,661			58,983			62,097
Gains on Asset Dispositions and Impairments, Net	157			613			1,077			1,765			1,912
Operating Income	9,724			11,092			7,401			3,834			1,511
Other Income (Expense):
Interest income	145			184			249			332			362
Interest expense	(3,757		)	(2,543		)	(2,380		)	(1,968		)	(529		)
Interest expense on advances from SEACOR	—			—			—			—			(4,486		)
SEACOR management fees	(500		)	(500		)	(500		)	(500		)	(1,323		)
Derivative gains (losses), net	2			(188		)	(180		)	(124		)	(18		)
Foreign currency gains (losses), net	87			(272		)	(12		)	917			(80		)
Other, net	—			—			—			30			9
	(4,023		)	(3,319		)	(2,823		)	(1,313		)	(6,065		)
Income (Loss) from Continuing Operations Before Income Tax Expense (Benefit) and Equity In Earnings (Losses) of 50% or Less Owned Companies	5,701			7,773			4,578			2,521			(4,554		)
Income Tax Expense (Benefit)	2,086			2,792			1,686			734			(2,232		)
Income (Loss) from Continuing Operations Before Equity in Earnings (Losses) of 50% or Less Owned Companies	3,615			4,981			2,892			1,787			(2,322		)
Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax	(84		)	219			757			(6,420		)	(979		)
Net Income (Loss)	3,531			5,200			3,649			(4,633		)	(3,301		)
Net Loss attributable to Noncontrolling Interest	(40		)	—			—			—			—
Net Income (Loss) attributable to Era Group Inc.	3,571			5,200			3,649			(4,633		)	(3,301		)
Accretion of Redemption Value on Series A Preferred Stock	2,135			2,099			2,135			2,100			210
Net Income (Loss) attributable to Common Shares	$	1,436		$	3,101		$	1,514		$	(6,733	)	$	(3,511	)

Basic and Diluted Earnings (Loss) Per Common Share	$	0.06		$	0.13		$	0.06		$	(0.27	)	$	(0.14	)
EBITDA	$	20,700		$	21,288		$	17,930		$	7,367		$	8,330
Adjusted EBITDA	$	21,200		$	22,822		$	18,512		$	16,303		$	13,824
Adjusted EBITDAR	$	22,297		$	23,792		$	19,430		$	17,342		$	14,977

ERA GROUP INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, unaudited)

	Dec. 31, 2012			Sep. 30, 2012			Jun. 30, 2012			Mar. 31, 2012			Dec. 31, 2011
ASSETS
Current Assets:
Cash and cash equivalents	$	11,505		$	9,232		$	9,121		$	26,873		$	79,122
Receivables:
Trade, net of allowance for doubtful accounts	48,527			55,753			43,233			49,060			42,834
Other	3,742			6,491			9,752			9,783			7,250
Due from SEACOR	971			—			—			—			—
Inventories, net	26,650			26,590			26,496			25,876			24,504
Prepaid expenses and other	1,803			1,443			2,843			2,663			1,776
Deferred income taxes	3,642			51,979			40,977			—			2,293
Total current assets	96,840			151,488			132,422			114,255			157,779
Property and Equipment	1,030,276			1,008,804			993,244			963,847			911,805
Accumulated depreciation	(242,471		)	(231,098		)	(219,360		)	(211,245		)	(202,354		)
Net property and equipment	787,805			777,706			773,884			752,602			709,451
Investments, at Equity, and Advances to 50% or Less Owned Companies	34,696			35,755			41,882			40,841			50,263
Goodwill	352			352			352			352			352
Other Assets	17,871			15,480			14,684			15,850			15,379
	$	937,564		$	980,781		$	963,224		$	923,900		$	933,224

LIABILITIES AND EQUITY
Current Liabilities:
Accounts payable and accrued expenses	$	15,703		$	20,084		$	16,976		$	21,606		$	20,004
Accrued wages and benefits	4,576			6,810			5,488			6,060			7,108
Due to SEACOR	—			3,275			3,767			1,752			42,609
Current portion of long-term debt	2,787			2,787			2,787			2,787			2,787
Other current liabilities	6,633			4,631			5,813			9,098			5,744
Total current liabilities	29,699			37,587			34,831			41,303			78,252
Deferred Income Taxes	203,536			198,068			184,105			141,460			146,177
Long-Term Debt	276,948			221,008			291,704			322,401			285,098
Deferred Gains and Other Liabilities	7,864			8,226			7,764			7,351			8,340
Total liabilities	518,047			464,889			518,404			512,515			517,867
Preferred Stock:
Series A Preferred Stock	144,232			142,097			144,445			142,310			140,210
Series B Preferred Stock	—			100,000			30,000			—			—
Total preferred stock	144,232			242,097			174,445			142,310			140,210
Equity:
Era Group Inc. Stockholder Equity:
Class B common stock	245			245			245			245			245
Additional paid-in capital	278,838			280,973			283,072			285,207			287,307
Accumulated deficit	(4,025		)	(7,596		)	(12,795		)	(16,445		)	(11,812		)
Accumulated other comprehensive income (loss), net of tax	20			(74		)	(147		)	68			(593		)
	275,078			273,548			270,375			269,075			275,147
Noncontrolling interest	207			247			—			—			—
Total equity	275,285			273,795			270,375			269,075			275,147
	$	937,564		$	980,781		$	963,224		$	923,900		$	933,224

Our management uses EBITDA and Adjusted EBITDA to assess the performance and operating results of our business. EBITDA is defined as Earnings before Interest (includes interest income, interest expense and interest expense on advances from SEACOR), Taxes, Depreciation and Amortization. Adjusted EBITDA is defined as EBITDA further adjusted for SEACOR Management Fees and certain other items that occur during the reported period. We include EBITDA and Adjusted EBITDA to provide investors with a supplemental measure of our operating performance. We also present Adjusted EBITDAR, which is defined as Adjusted EBITDA further adjusted for rent expense (included as components of operating expense and general and administrative) because we believe that research analysts and investment bankers use this metric to assess our and others in our peer group's performance. Neither EBITDA, Adjusted EBITDA nor Adjusted EBITDAR is a recognized term under generally accepted accounting principles in the U.S. (“GAAP”). Accordingly, they should be used as an indicator of, or an alternative to, net income as a measure of operating performance. In addition, EBITDA, Adjusted EBITDA and Adjusted EBITDAR are not intended to be measures of free cash flow available for management’s discretionary use, as they do not consider certain cash requirements, such as debt service requirements. Because the definitions of EBITDA, Adjusted EBITDA and Adjusted EBITDAR (or similar measures) may vary among companies and industries, they may not be comparable to other similarly titled measures used by other companies.



	Three Months Ended															Year Ended December 31,
	Dec. 31, 2012			Sep. 30, 2012			Jun. 30, 2012			Mar. 31, 2012			Dec. 31, 2011			2012			2011
	(in thousands)
Net Income (Loss)	$	3,531		$	5,200		$	3,649		$	(4,633	)	$	(3,301	)	$	7,747		$	2,108
Depreciation	11,471			10,937			10,464			9,630			9,210			42,502			42,612
Interest Income	(145		)	(184		)	(249		)	(332		)	(362		)	(910		)	(738		)
Interest Expense	3,757			2,543			2,380			1,968			529			10,648			1,376
Interest Expense on Advances from SEACOR	—			—			—			—			4,486			—			23,410
Income Tax Expense (Benefit)	2,086			2,792			1,686			734			(2,232		)	7,298			434
EBITDA	20,700			21,288			17,930			7,367			8,330			67,285			69,202
SEACOR Management Fees	500			500			500			500			1,323			2,000			8,799
Special Items ⁽¹⁾	—			1,034			82			8,436			4,171			9,552			4,171
Adjusted EBITDA	21,200			22,822			18,512			16,303			13,824			78,837			82,172
Rent	1,097			970			918			1,039			1,153			4,024			4,335
Adjusted EBITDAR	$	22,297		$	23,792		$	19,430		$	17,342		$	14,977		$	82,861		$	86,507

ERA GROUP INC. FLEET COUNTS (unaudited)

	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011
Heavy:
EC225	10	10	9	8	7

Medium:
AW139	33	32	30	28	26
B212	13	13	13	13	14
B412	6	6	6	6	6
S76 A/A++	7	8	9	9	9
S76 C/C++	10	10	10	10	10
	69	69	68	66	65

Light—twin engine:
A109	9	9	9	9	9
BO-105	—	—	2	4	4
BK-117	6	8	9	12	11
EC135	19	19	18	15	15
EC145	3	5	6	6	6
	37	41	44	46	45

Light—single engine:
A119	24	24	24	23	23
AS350	35	35	35	35	35
	59	59	59	58	58
Total Helicopters	175	179	180	178	175


•	Severance expense of $0.7 million and $4.2 million for the years ended December 31, 2012 and 2011, respectively, and $0.7 million and $4.2 million for the three months ended September 30, 2012 and December 31, 2011, respectively, due to prior changes in executive management;


•	Expenses incurred in connection with our abandoned initial public offering of $2.9 million for the year ended December 31, 2012, $2.5 million for the three months ended March 31, 2012, $0.1 million for the three months ended June 30, 2012 and $0.3 million for the three months ended September 30, 2012; and


•	An impairment charge of $5.9 million, net of tax, for the year ended December 31, 2012 and the three months ended March 31, 2012, on our investment in Aeróleo Taxi Aereo S/A.