Helicopter operators Bristow Group and Era have finalised their merger.
The enlarged entity will trade under the Bristow name, be headquartered in Houston and remain on the New York Stock Exchange.
Bristow said the deal strengthened its oil and gas and search and rescue operations in places like the Americas, Nigeria, Norway, the United Kingdom and Australia.
It now has a fleet of more than 300 aircraft, making it the world’s largest operator of S92, AW189 and AW139 copters.
Bristow CEO Chris Bradshaw said: “The closing of this strategic and financially compelling merger makes Bristow a larger, more diverse and stronger company, better positioned for the future.
“The combination brings long-overdue consolidation in the industry, better prepares us to navigate today’s market challenges, and ensures we remain the global leader in helicopter services with an outstanding culture focused on safety and providing excellent service to our valued customers.”
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