Era Group, Inc. (ERA) News
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Latest ERA News From Around the Web
Below are the latest news stories about Era Group Inc that investors may wish to consider to help them evaluate ERA as an investment opportunity.
Hedge Funds Cautiously Watching Era Group Inc (ERA)At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […] |
Bristow Completes Merger with EraBristow 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 “VTOL” beginning on June 12, 2020 and will have a new CUSIP number of 11040G103. |
Edited Transcript of ERA earnings conference call or presentation 6-May-20 2:00pm GMTQ1 2020 Era Group Inc Earnings Call |
Era Group Announces Board Approval of Reverse Stock SplitHOUSTON, June 01, 2020 -- 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. |
Era Group Celebrates 10 Year Anniversary of Search and Rescue ProgramEra Group Inc. (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. |
Bristow Group and Era Group Announce New Executive Leadership Team for Combined CompanyBristow Group and Era Group (ERA) today announced the new global organization structure and the selection of the executive leadership team that will help create a financially stronger industry leader in offshore helicopter transportation and search and rescue services. “This new organizational structure and executive team will help position the combined Company to navigate market challenges while better serving our customers with more efficient operations,” said Chris Bradshaw, President and CEO of Era and who will lead the new combined Company. Once the transaction closes, the combined Company will be organized as a global team enabling strong, efficient and nimble local operations. |
Era Group Inc. Reports First Quarter 2020 ResultsHOUSTON, May 05, 2020 -- 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. |
Era Group Repurchases Under the Previously Announced Special Stock Repurchase ProgramAll shares of common stock repurchased under the Program will be held as treasury shares. Following the repurchase of shares under the Program to date, Era will have 21,525,383 shares of common stock outstanding. |
Era Group Announces Q1 2020 Earnings Release CallEra Group Inc. (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). The accompanying investor presentation will be available on May 6, 2020, on Era's website at www.erahelicopters.com. |
Era Group Announces Preliminary Q1 2020 ResultsEra Group Inc. (ERA) today released preliminary selective results for its first quarter ended March 31, 2020 (“current quarter”). Special items in the current quarter consisted of approximately $4 million of non-routine professional services fees and other expenses related to the expected merger with Bristow Group Inc. Foreign exchange losses in the current quarter were approximately $2 million and were primarily related to the non-cash revaluation of accounts at the Company’s Brazilian subsidiary. The preliminary financial results discussed in this press release are based on Era management's preliminary, unaudited analysis of financial results for the quarter ended March 31, 2020. |