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Tag "Erickson"

Erickson files for Chapter 11, Lombard lends to Bristow

Erickson files for Chapter 11, Lombard lends to Bristow

🕔17:36, 17.Nov 2016

One step forward, one step back. Just as CHC prepares to exit from Chapter 11 early next year, Erickson has entered. Like CHC, Erickson’s filing is not a huge surprise. It has had a few tough years. In retrospect, its

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Erickson gets two-year logging contract in Malaysia

Erickson gets two-year logging contract in Malaysia

🕔13:21, 18.Aug 2016

Erickson has been selected to provide aerial timber harvesting services to  the companies Asiatic Heli-Logging SDN BHD and Hormat Jadi SDN BHD in Sabah, Malaysia, starting in September 2016. The annual combined contract will be worth $9 million a year

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Erickson and Kestrel get $24 million contract extension in Australia

Erickson and Kestrel get $24 million contract extension in Australia Updated

🕔10:40, 18.Aug 2016

 Erickson Incorporated and their Australian partner Kestrel Aviation Ltd have been awarded a two-year contract extension to provide wildland firefighting helicopter services in Australia. The extension is for six S-64E Aircrane helicopters to be used throughout Australia to provide aerial

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“Unsatisfactory” financial results for Erickson in Second Quarter

“Unsatisfactory” financial results for Erickson in Second Quarter

🕔15:03, 15.Aug 2016

Erickson have released their second quarter financial results for 2016 with revenue down $16.2 million compared to the second quarter of 2015 at $50.8 million. Commercial Aviation Services revenues also decreased, from $13.3 million to $21 million, down from $34.3

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Erickson chosen for Coast Guard support in Alaska

Erickson chosen for Coast Guard support in Alaska

🕔09:59, 30.Jun 2016

Erickson has been selected to provide helicopter transportation services for the US Coast Guard (USCG) in Alaska. Erickson’s Bell 212 helicopters will transport USCG Research and Development Center (RDC) staff and equipment to various locations in the Nome, Alaska area

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Erickson hires Imperial Capital

Erickson hires Imperial Capital

🕔10:26, 10.Jun 2016

Erickson Incorporated has hired Imperial Capital, a full-service investment bank, to explore strategic alternatives for the company. In addition to Imperial’s capital markets expertise, it specialises in aerospace, defense and government services, and airline and transportation industries among others. ALSO

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Erickson wins contracts with US Navy

Erickson wins contracts with US Navy

🕔10:25, 10.Jun 2016

Erickson has been awarded two five year term agreements with one firm-fixed year and four follow on annual option years, to provide vertical replenishment and other rotary-wing logistic services to Military Sealift Command for support of the United States Navy’s

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Erickson to support Alaska Forestry Research

Erickson to support Alaska Forestry Research

🕔09:05, 7.Jun 2016

Erickson Incorporated has been contracted to provide helicopter transport in support of the Alaska Department of Natural Resources (DNR) Forest Inventory Analysis project. Under the five-year contract, Erickson will deliver one light lift helicopter for charter services to an inter-agency

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Erickson wins Indian transmission tower lifting contract

Erickson wins Indian transmission tower lifting contract

🕔10:56, 17.Feb 2016

Erickson has won a S64 helicopter contract with Indian power company Sterlite Grid. The operator will help install some 160 power transmission towers in the Pir Panjal mountain range in northern India. This is the first time that a heavy lift

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Erickson renews Western Forest Product harvesting contract

Erickson renews Western Forest Product harvesting contract

🕔10:14, 15.Feb 2016

Western Forest Products, one of the largest lumber producers in Canada, has renewed a longstanding aerial timber contract with Erickson. Under the terms of the contract, Erikson will base one S-64 Aircrane in western British Columbia. The helicopter will fly

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