Era Group Announces New Contract with the Bureau of Safety and Environmental Enforcement

HOUSTON, Sept. 26, 2016 (GLOBE NEWSWIRE) -- Era Group Inc. (NYSE:ERA), one of the largest helicopter operators in the world and the longest serving helicopter transport operator in the U.S., announced today that it has entered into a new contract with the Bureau of Safety and Environmental Enforcement (BSEE), a division of the U.S. Department of the Interior, for an initial term of five years that is subject to annual renewals. 

Era will continue to provide helicopters and related services, including the provision of flight crews, helicopter maintenance and management of flight operations to BSEE and the U.S. Coast Guard.  BSEE utilizes Era’s services to transport personnel and cargo in support of its inspection and oversight of offshore oil and gas platforms and vessels located on the Outer Continental Shelf in the U.S. Gulf of Mexico.  Under the terms of the new contract, Era will provide twenty-four exclusive use helicopters, five on-call helicopters and seven optional helicopters that BSEE may exercise during the contract term. 

“We have been honored to serve BSEE in support of its mandate to ensure regulatory compliance and enhance safety in the Gulf of Mexico over the last ten years and look forward to continuing this important relationship,” said Christopher Bradshaw, Era’s President and Chief Executive Officer.  “BSEE’s decision to award this new contract to Era confirms the value that our customers place on our commitment to safety, our diverse, technologically advanced fleet of helicopters and our highly skilled team of pilots, technicians and support personnel who work hard every day to deliver on our mission to provide safe, efficient and reliable helicopter services."

About Era Group

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 and customers in other countries, including Brazil, Colombia, the Dominican Republic, India, Spain, Suriname and the United Kingdom. Era Group's helicopters are primarily used to transport personnel to, from and between offshore oil and gas production platforms, drilling rigs and other installations.

For additional information concerning Era, contact
Andrew Puhala
(713) 369-4646
or visit Era Group's website at www.eragroupinc.com

Released September 26, 2016