ERA Group (ERA) Tops Q4 EPS by 2c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/7/2026

1. MRVL
2. ZS
3. PENG
4. STZ
5. SKYD
6. SPY
7. RCKT
8. NVDA
9. CRBU
10. BBIO

Go back to ERA Group (ERA) Tops Q4 EPS by 2c

Era Group Inc. Reports Fourth Quarter and Full Year 2015 Results

February 25, 2016 10:34 PM EST

HOUSTON, TX -- (Marketwired) -- 02/25/16 -- Era Group Inc. (NYSE: ERA)

During 2015, the Company:

generated positive free cash flows despite the deteriorating business environment; consolidated its Brazilian joint venture, Aerleo Taxi Aero S/A ("Aerleo"), and purchased a 75% interest in Sicher Helicopters SAS ("Sicher"), a helicopter operator in Colombia; sold its fixed base operations ("FBO") in Alaska for proceeds of $14.3 million, resulting in gains of $12.9 million; upgraded its fleet by placing in service its first two S92 heavy helicopters and two AW189 heavy helicopters; repurchased $50.2... More