1-Mar-2015Source: Breeze-Eastern
Breeze Eastern Corporation (NYSE MKT: BZC), the aerospace industry’s only dedicated hoist and winch specialist, is completing initial system development and is on track to flight test and begin qualification on its MissionView™ Situational Awareness System in the next several months. The MissionView System is designed with integrated sensors that wirelessly transmit real-time color video... Read more
9-Feb-2015Source: Erickson
Erickson Incorporated (NASDAQ:EAC) announced today that it has initiated a comprehensive organizational restructuring that it anticipates will create significant new efficiencies and cost reductions, improve profitability, and enhance the Company’s overall competitive position. The Company will now be organized into the following four business segments: 1) Government Aviation Services, led by Chris Bassett 2) Oil... Read more
21-Jan-2015
Helicopter was involved with long line operations on a power-line construction project 11 nm SE of Key Lake, SK. After a power-line cable was moved, the long line did not release. The helicopter descended and struck the ground. The pilot was injured and was transferred to La Ronge Hospital for medical attention. The helicopter sustained... Read more
8-Jan-2015Source: Onboard Systems
Onboard Systems International, Inc., a leading provider of innovative helicopter cargo hook equipment, announced that it has been awarded a contract by Bell Helicopters to design and develop a new adaptation of its TALON® LC Hydraulic release external cargo hook system for the Bell 429 helicopter. The new version will include an Onboard Weighing System... Read more
5-Jan-2015Source: Columbia Helicopters
Columbia Helicopters is pleased to announce the promotion of Matt Long to Vice President of Finance. The promotion is effective January 2, 2015. Long replaces Stan Wilson, who held the titles of company President and Vice President of Finance. Wilson was recently promoted to the position of Chairman of the Board of Directors. “Matt has... Read more
10-Nov-2014Source: Erickson
Erickson Incorporated (NASDAQ:EAC) (“Erickson,” the “Company,” “we,” “us” and “our”), a leading global provider of aviation services to a worldwide mix of commercial and government customers and the vertically integrated manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson S-64 Aircrane, today announced third quarter and year to date 2014 financial results. Udo Rieder,... Read more
4-Nov-2014Source: Kaman
Extracts from the full financial statements as follows Overview Neal J. Keating, Chairman, President and Chief Executive Officer, stated, “While we faced several challenges during the third quarter we are pleased that Aerospace continued to deliver improved margin performance and Distribution achieved its fourth consecutive quarter of organic sales growth. In addition, we generated very... Read more
22-Jul-2014
Crashed during logging operations after tail hit a logging cable.... Read more
20-Jun-2014
While conducting sling load operations, the load at the end of the long line became tangled. The pilot attempted to land the helicopter, however when at about 10 ft above ground level, the line pulled tight. The pilot was unable to release the line, and the helicopter collided with terrain, resulting in substantial damage. The... Read more
26-May-2014Source: Columbia Helicopters
Columbia Helicopters is pleased to announce the appointment of Kees Blekxtoon as a Senior Advisor to the company. Mr. Blekxtoon will support the company’s marketing efforts in the Netherlands and India. Among his many accomplishments, Mr. Blekxtoon has served as President for The Boeing Company, Northern & Western Europe, and as President of Stork/Fokker International.... Read more
11-May-2014Source: Erickson
Erickson Incorporated (NASDAQ:EAC) (“Erickson,” the “Company,” “we,” “us” and “our”), a leading global provider of aviation services to a worldwide mix of commercial and government customers and the vertically integrated manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson S-64 Aircrane, today announced first quarter 2014 financial results and reiterated its full-year guidance for... Read more
3-May-2014Source: Erickson
Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, the Erickson S-64 Aircrane, announced today that management will be presenting at the Oppenheimer 9th Annual Industrial Growth Conference in New York City... Read more
3-May-2014Source: Erickson
Erickson Incorporated (NASDAQ:EAC) (“Erickson” or the “Company”) today announced the commencement of an exchange offer for up to $355,000,000 aggregate principal amount of its unregistered 8.25% Second Priority Senior Secured Notes due 2020 (the “Original Notes”) for an equal principal amount of 8.25% Second Priority Senior Secured Notes due 2020 that have been registered under... Read more
2-May-2014Source: Erickson
Erickson (NASDAQ:EAC) (“Erickson” or “the Company”), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, today announced that it will release its earnings results for the first quarter 2014 ended March 31, 2014 on... Read more
7-Apr-2014Source: USHST
The United States Helicopter Safety Team (www.USHST.org), has completed a comprehensive follow-up report to its initial helicopter accident analysis released in 2011. This new report analyzes U.S. civil helicopter accidents that occurred in 2009, 2010, and 2011 and compares them to the previous analysis that looked at accidents that occurred in 2000, 2001, and 2006.... Read more
7-Apr-2014Source: Erickson
Erickson Air-Crane Incorporated EAC -2.32% (“Erickson” or “the Company”), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, announced today that it has secured a new contract with PLUSPETROL PERU CORPORATION S.A., a leading exploration and production... Read more
31-Mar-2014
Onboard Systems International, Inc., a leading provider of innovative helicopter cargo hook equipment, today announced that it has been awarded a contract from Airbus Helicopters to design and manufacture the cargo hook system for theEC130T2 aircraft. The new system will be a single-point hydraulic release cargo hook sling design featuring a TALON® cargo hook and... Read more
14-Mar-2014Source: Erickson
Erickson Air-Crane Incorporated (NASDAQ:EAC) (“Erickson,” the “Company,” “we,” “us” and “our”), a leading global provider of aviation services to a worldwide mix of commercial and government customers and the vertically integrated manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson S-64 Aircrane, today announced fourth quarter and full year 2013 financial results and initiated... Read more
13-Mar-2014Source: Oregonian
A Christmas tree farm worker who fractured his back last fall after a helicopter lifted him off the ground is suing the company that owns the aircraft. See full story... Read more
11-Mar-2014Source: Sun Times
Since 1968, the family-owned business has been operating from its offices and hangar on Madison Street, just north of Joliet Road, the former site of the Hinsdale airport. See full profile... Read more
9-Mar-2014Source: Erickson
Erickson Air-Crane Incorporated (NASDAQ:EAC) (“Erickson” or “the Company”), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, today announced that it will release its earnings results for the fourth quarter and fiscal year 2013... Read more
5-Mar-2014Source: Erickson
Erickson Air-Crane Incorporated (NASDAQ:EAC)(“Erickson” or “the Company”), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, announced today that Brian Clegg has been named Vice President of Global Aerial Operations. In an anticipated move,... Read more
26-Feb-2014Source: Ramco Systems
Ramco Systems, the global Aviation Software provider on Cloud, Mobile and Tablets, announced the successful go-live of Ramco Aviation version 5.6, at Columbia Helicopters Inc. (CHI), the world leader in commercial heavy-lift helicopter operations. CHI is one of the first customers of Ramco Aviation who have been using the series 3 for more than a... Read more
25-Feb-2014Source: Kaman Aerospace
Kaman Aerospace Group announced today that it is soliciting interest in new K-MAX® orders at Heli-Expo 2014, the helicopter industry’s largest trade show. “We regularly receive inquiries from operators interested in buying new K-MAX® aircraft for a variety of missions across the world. With more than 20,000 industry professionals in attendance from around the globe, there is... Read more
25-Feb-2014Source: Breeze-Eastern
Responding to customer needs for faster spares parts deliveries,Breeze-Eastern Corporation (NYSE MKT: BZC), the aerospace industry’s only dedicated hoist and winch specialist, today announced plans for a new spare parts distribution system supported by significantly increased inventory levels. “We recognize that responsive spares support and turnaround times are critical to our customers’ mission success,” said... Read more
25-Feb-2014Source: Erickson
Erickson Air-Crane Incorporated EAC -2.31% (“Erickson” or “the Company”), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, announced today that the company will now do business under the brand name of “Erickson.” The company took this... Read more
24-Feb-2014Source: Billings Gazette
Billings Flying Service are to have one flying within four months, with the second aircraft slated for refurbishment over next winter See full story The actual aircraft are N561AJ ex 90-00184 which sold for $3,500,500 N562AJ ex 90-00185 which sold for $3,003,762... Read more
21-Feb-2014Source: Kaman
The Kaman Corporation (NYSE:KAMN) board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on April 3, 2014 to shareholders of record on March 18, 2014. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts business... Read more
20-Feb-2014Source: Onboard Systems
Onboard Systems International, Inc., a leading provider of innovative helicopter cargo hook equipment, today announced that it will unveil the production version of its new SPIDER® Smart Carousel for external load operations at the Heli-Expo Show in Anaheim, California. Designed to work specifically with Onboard’s new TALON 1K Carousel lighted cargo hook and three-channel electric swivel, the SPIDER Smart... Read more
18-Feb-2014Source: Columbia Helicopters
Columbia Helicopters has announced the acquisition of three Boeing CH-47D Chinook helicopters. The aircraft were purchased from the United States government. These aircraft will join the company’s fleet of commercial super-heavy-lift helicopters which Columbia uses for its traditional markets. No specific projects or contracts are immediately identified for these aircraft. “We are pleased to add... Read more
12-Feb-2014Source: Vector Aerospace
Vector Aerospace (www.vectoraerospace.com), a global independent provider of aviation maintenance, repair and overhaul (MRO) services, is pleased to announce that its subsidiary, Vector Aerospace Helicopter Services – North America (“HS-NA”),one of the world’s leading providers of helicopter maintenance, repair and overhaul services has completed the successful delivery of a fully refurbished AS332L-1 helicopter to Rainier... Read more
9-Feb-2014Source: Kaman
Kaman Corp. (NYSE:KAMN) announced today that it will report its fourth quarter and full year 2013 results after the stock market closes on Thursday, February 27, 2014, and host a live webcast and conference call at 8:00am ET on Friday, February 28, 2014. The call will be accessible by telephone within the U.S. at (877)... Read more
24-Jan-2014Source: Breeze-Eastern
Breeze-Eastern Corporation (NYSE MKT: BZC), the aerospace industry’s only dedicated hoist and winch specialist, has been selected by the U.S. Army to supply BL-29900-30-1 high performance rescue hoists, as it upgrades its fleet of medical evacuation and search and rescue BLACK HAWK helicopters. These helicopters are used by active Army, Reserves and the National Guard,... Read more
10-Dec-2013Source: Erickson Air-Crane
Erickson Air-Crane, Inc. (NASDAQ:EAC), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, the Erickson S-64 Aircrane, announced today that management will be presenting at the Imperial Capital 2013 Security Investor Conference at the... Read more
5-Dec-2013Source: Onboard Systems
Onboard Systems, a leading provider of innovative helicopter cargo hook equipment, announced that MD Helicopters has awarded them a contract to begin development of a new cargo hook system for the MD Explorer® line of twin engine helicopters. The new cargo hook system will feature Onboard’s TALON® LC Hydraulic cargo hook and include a built-in Onboard Weighing... Read more
14-Nov-2013Source: Kaman
The Kaman Corporation board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on January 7, 2014 to shareholders of record on December 24, 2013. The payment, when made, will mark forty-four consecutive years of dividend payments by Kaman. About Kaman Corporation Kaman Corporation, founded... Read more
10-Nov-2013
During a low altitude flight with external load, the pilot heard a strong noise coming from the tail rotor blades, followed by a tendency to turn to the left. He depressed the right pedal completely and reduced power in order to diminish the torque. He managed to touch the ground in a stabilized manner, but after hearing a highpitch... Read more
8-Nov-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated(NASDAQ:EAC) (“Erickson,” the “Company,” “we,” “us” and “our”), a leading global provider of aviation services to a worldwide mix of commercial and government customers and the vertically integrated manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson S-64 Aircrane, today announced third quarter 2013 financial results. Third Quarter and Recent Highlights Revenue... Read more
5-Nov-2013Source: Onboard Systems
What to Enter: We are looking for striking digital images of helicopters performing external load work operations. How to Enter: All images must be submitted though our online photo submission form, and all required fields must be completed. A maximum of five (5) photos may be submitted from each person. Entry Requirements: All photo entries... Read more
2-Nov-2013
During lifting operations, rotated to the ground and rolled over... Read more
31-Oct-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated(NASDAQ:EAC), a leading global provider of aviation services to a diverse mix of commercial and government customers and the vertical manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson S-64 Aircrane, today announced that it will release its earnings results for the third quarter of fiscal year 2013 ended September 30, 2013 on Thursday, November... Read more
9-Oct-2013Source: Kaman
Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2013 results after the stock market closes on Monday, October 28, 2013, and host a live webcast and conference call at 8:30am ET on Tuesday, October 29, 2013. The call will be accessible by telephone at (877) 546-5018 and from outside the U.S.... Read more
1-Oct-2013Source: Erickson Air-Crane
Erickson Air-Crane, Inc. (NASDAQ:EAC), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, the Erickson S-64 Aircrane, announced today that management will be presenting at the Deutsche Bank 21st Annual Leveraged Finance Conference in... Read more
25-Sep-2013Source: Erickson Air-Crane
Erickson Air-Crane, Inc. EAC +0.58% , a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, the Erickson S-64 Aircrane, announced today that management will be presenting at the 4th Annual Craig-Hallum Alpha Select Conference... Read more
19-Sep-2013Source: Columbia Helicopters
Columbia Helicopters has taken delivery of its first simulator for pilot training, following a two-year search and product evaluation. “We are a growing company, and need the additional training capacity that a simulator of our own would provide,” explainedChris Gage, the Portland-based company’s chief pilot. “Although we have used local flight schools in the past,... Read more
17-Sep-2013Source: Erickson Air-Crane
Erickson Air-Crane, Inc. (NASDAQ:EAC), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, the Erickson S-64 Aircrane, announced today that management will be presenting at the Imperial Capital Global Opportunities Conference in New York on Thursday, September 19, 2013. Udo... Read more
16-Sep-2013
Logging operations – it appears the pilot released the logs, indicating he knew of a problem prior to the crash. Witnesses then saw a rotor separate from the helicopter followed by it turning upside down and falling to the ground. Pilot was named as William Bart Colantuono, 54, of Indialantic, FL... Read more
10-Sep-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated (NASDAQ:EAC)(“Erickson” or “the Company”), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, announced today that Eric K. Struik has agreed to join the Company’s leadership team as its new Chief... Read more
26-Aug-2013Source: Blue Sky Network
Blue Sky Network, a leading supplier of satellite tracking and communication solutions for aviation, land and marine use, today announced that its New SkyRouter cloud-based web portal and its D1000 Series has been selected by Erickson Air-Crane Incorporated (NASDAQ: EAC). New SkyRouter provides comprehensive satellite tracking, and when used in combination with Blue Sky Network’s leading D1000 Automated Flight Following... Read more
25-Aug-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated (NASDAQ: EAC) (“Erickson” or “the Company”), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, announced today that it has appointed Dr. Michael D. New as the Company’s Vice President of... Read more
19-Aug-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated EAC +0.13% , a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, announced today that it has received a contract from Helicopter Transport Services (“HTS”) to perform modifications and upgrades on seven CH54B tail... Read more
6-Aug-2013
NTSB investigator Clint Johnson says the helicopter had an engine failure, landed in trees and rolled over. Sling load operations. Pilot not injured... Read more
31-Jul-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated (NASDAQ:EAC) (“Erickson,” the “Company,” “we,” “us” and “our”), a leading global provider of aviation services to a diverse mix of commercial and government customers and the vertically integrated manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson S-64 Aircrane, today announced strong second quarter 2013 financial results. Second Quarter and Recent... Read more
29-Jul-2013Source: Erickson Air-Crane
Erickson Air-Crane, Incorporated (“Erickson” or “the Company”) (NASDAQ: EAC) today announced that it has signed a definitive purchase agreement to acquire Air Amazonia Serviços Aeronauticos Ltda. (“Air Amazonia”), the aviation services division of HRT Participações em Petróleo S.A. (“HRT”), as well as a fleet of six aircraft and ground facilities. The Company expects the transaction... Read more
29-Jul-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated (NASDAQ:EAC) (“Erickson” or “the Company”), a leading global provider of aviation services to a diverse mix of commercial and government customers and the vertically integrated manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson S-64 Aircrane, today announced that Santiago Crespo, a highly experienced and accomplished executive, has agreed to join... Read more
28-Jul-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated (NASDAQ:EAC), a leading global provider of aviation services to a diverse mix of commercial and government customers and the vertical manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson S-64 Aircrane, today announced that it will release its earnings results for the second quarter of fiscal year 2013 ended June 30,... Read more
28-Jul-2013Source: Kaman
Kaman Corp. (NYSE:KAMN) announced today that it will report its second quarter 2013 results after the stock market closes on Monday, July 29, 2013, and host a live webcast and conference call at 8:30am ET on Tuesday, July 30, 2013. The call will be accessible by telephone at (877) 415-3177 and from outside the U.S.... Read more
10-Jul-2013Source: Brodsky & Smith
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors and majority shareholder of Erickson Air-Crane, Inc. (“Erickson” or the “Company”) (Nasdaq: EAC) relating to the acquisition of Evergreen Helicopters, Inc. (“Evergreen”). Click here to learn more about the investigation http://brodsky-smith.com/605-eac-erickson-air-crane-inc.html, or call: 877-534-2590. There is... Read more
2-Jul-2013Source: Shareholders Foundation
An investigation on behalf of current long-term stockholders of shares of Erickson Air-Crane Inc (NASDAQ:EAC) was announced concerning whether certain Erickson Air-Crane officers and directors possibly breached their fiduciary duties in connection with certain statements. Investors who are current long-term stockholder of shares of Erickson Air-Crane Inc (NASDAQ:EAC) have certain options and should contact the... Read more
2-Jul-2013Source: Rigrodsky & Long PA
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Erickson Air-Crane, Inc. (“Erickson” or the “Company”)EAC +4.94% regarding possible breaches of fiduciary duties and other violations of law related to the Company’s acquisition of Evergreen Helicopters, Inc. (“Evergreen”). Click here to learn more: http://www.rigrodskylong.com/investigations/erickson-air-crane-inc-eac. The investigation concerns whether... Read more
25-Jun-2013Source: Faruqi & Faruqi LLP
Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and the enforcement of federal antitrust laws, is investigating potential claims against the Board of Directors of Erickson Air-Crane, Inc. (“Erickson” or the “Company”) (Nasdaq: EAC) concerning possible breaches of fiduciary duty and other violations of state law in connection with the... Read more
20-Jun-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated (NASDAQ: EAC) (“Erickson” or “the Company”), a leading, global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, announced today that it has received an annual option year subcontract extension for its work with Fluor Corporation,... Read more
18-Jun-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated (NASDAQ: EAC) (“Erickson” or “the Company”), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, announced today that it has won an extension to its prime contract with USTRANSCOM (U.S. Transportation... Read more
17-Jun-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated (eac:NASDAQ), (“Erickson” or “the Company”), a leading global provider of aviation services to a diverse mix of commercial and government customers and the vertical manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson S-64 Aircrane, announced today that it had successfully amended its five-year revolving credit facility to increase the total... Read more
13-Jun-2013
The transaction is far from intuitive…. In fact, in makes no sense whatsoever. Rather than help Erickson, this acquisition is more likely to sink the entire ship – see full story... Read more
30-May-2013Source: HeliHub.com
Swedish operator Northern Helicopters announced yesterday that they have placed an order with Guimbal for a hook to be installed on one of their two Cabri helicopters. It will be used for training during their integrated CPL course, and thus give all of their trainee pilots basic sling load experience. New Zealand operator Frontier Helicopters... Read more
3-May-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated (NASDAQ:EAC), (“Erickson” or “the Company”), a leading global provider of aviation services to a diverse mix of commercial and government customers and the vertical manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson S-64 Aircrane, announced today that it had entered into a new $100 million, five-year revolving credit facility with... Read more
29-Apr-2013Source: Seeking Alpha
Analyst report which suggests that the share price of Erickson Air-Crane could double this year (See Full Story)... Read more
26-Apr-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated (Nasdaq: EAC) today announced the pricing of its $400.0 million aggregate principal amount offering of 8.25% Second Priority Senior Secured Notes due 2020 (the “Notes”). The Notes will be Erickson’s second priority senior secured obligations and will be guaranteed by certain of Erickson’s existing and future domestic subsidiaries. The Notes will be... Read more
18-Apr-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated (Nasdaq: EAC) announced today that it intends to offer $400 million of its second priority senior secured notes due 2020 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States in compliance with Regulation S. The notes will be Erickson’s second... Read more
5-Apr-2013Source: Whirly-Girls
The annual scholarship will fund a full External Load/Vertical Reference Course at Western Helicopters in Rialto, Calif. The course includes ground instruction and up to 6.5 hours of external load training in an MD500 helicopter. “We are committed to more diversity in aviation and supporting a quality organization like the Whirly-Girls is a great way... Read more
28-Mar-2013Source: Erickson Air-Crane
Erickson Air-Crane Incorporated (“Erickson”) has further cemented its position as the timber heavy lift service provider of choice in Canada, signing contracts with Helifor Canada (“Helifor”), an affiliate of Columbia Helicopters, and Western Forest Products Inc. (“Western”). For each of the two contracts, Erickson, which manufactures and maintains a fleet of S-64 heavy lift rotorcraft,... Read more
24-Mar-2013
On landing, pilot looked to ensure tail rotor clearance and inadvertently inputted cyclic. Helicopter rolled up on one skid and main rotor blades struck the ground. Helicopter was involved in load lifting operations... Read more
20-Mar-2013Source: Erickson Air-Crane
Erickson Air-Crane, Inc. (NASDAQ:EAC), a leading operator and the manufacturer of the powerful heavy-lift helicopter, the Erickson S-64 Aircrane, announced today that it will be presenting at the 25th Annual ROTH Conference in Dana Point, California. The presentation is to be held at 10:30 a.m. PT (1:30 p.m. ET) on Wednesday, March 20, 2013. Udo... Read more
12-Mar-2013Source: Erickson Air-Crane
-Erickson Air-Crane Incorporated (NASDAQ: EAC) (“Erickson Air-Crane”, “Erickson”, the “Company”, “we”, “us” and “our”), a leading operator and the manufacturer of the powerful Erickson S-64 Aircrane heavy-lift helicopter, today announced financial results for the fourth quarter and full year ended December 31, 2012. Full-Year 2012 highlights include: Revenue increased 18.4% to $180.8 million Flight hours... Read more