Erickson Inc (EAC.OQ) Key Developments | Reuters.com
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Erickson Inc (EAC.OQ)

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Latest Key Developments (Source: Significant Developments)

Erickson appoints new chief financial officer
Wednesday, 8 Jun 2016 08:00am EDT 

Erickson Inc : Appointment of airline finance veteran, David W. Lancelot, as chief financial officer effective Monday, June 13, 2016. . Lancelot most recently served as CEO of outdoor reservation, president of Enerjet, and chief financial officer for Spirit Airlines .Erickson appoints new chief financial officer.  Full Article

Erickson Subcontracted to Refurbish MH-53E Helicopters for U.S. Navy
Tuesday, 5 Jan 2016 03:00pm EST 

Erickson Incorporated:Says it has been selected as a subcontractor by Adams Communication & Engineering Technologies (ACET) for the refurbishment of two MH-53E helicopters, in support of United States Navy Heavy Lift Helicopter Program.Contract is for return of two MH-53E Sea Dragon helicopters to service which requires multiple stages of a complex refurbishment schedule.The award is for one base year, with an optional year.Contract work will be performed at Erickson's Medford, OR facilities, beginning this month.  Full Article

Erickson Extends Repsol Peru Contract
Tuesday, 10 Nov 2015 07:53pm EST 

Erickson:Says two-year service contract extension between Repsol Exploracion Peru, Sucursal Del Peru and Ecocopter Peru S.A. for air cargo transportation by helicopter.Says the two-year agreement beginning January 1, 2016, calls for Erickson to provide one S-64 Aircrane and related support for year-round use.Erickson will be moving oil and gas exploratory equipment over the Amazon region of Peru in support of Repsol's upstream exploration efforts in the southern Province of Cusco.Erickson has been contracted with Repsol Exploracion since Oct 19, 2011.Ecocopter Peru S.A. is Erickson's Air Operating Certificate (AOC) partner in Peru.  Full Article

Erickson Incorporated secures Turkish Firefighting contract
Monday, 24 Aug 2015 06:07pm EDT 

Erickson Incorporated:Says it has been selected by Pan Aviation to provide emergency fire suppression support for the Municipality of Istanbul and the surrounding areas of Turkey.The agreement calls for the use of one specialized S-64E Aircrane to assist with regional fire suppression and emergency response operations 365 days a year for two years.  Full Article

Erickson Inc to conduct flight currency training for Uruguayan Air Force Pilots
Thursday, 25 Jun 2015 04:05pm EDT 

Erickson Inc:Announces that the company has contracted with Chilcott, Inc. to provide flight currency training for the Fuerza Aerea Uruguaya.Training will be conducted entirely in Spanish.  Full Article

Erickson secures two key contracts to further build presence in Alaska
Thursday, 11 Jun 2015 08:30am EDT 

Erickson Inc:Announces two new contracts;.The first contract with Repsol will provide crew and cargo transport to the North Slope of Alaska. This agreement will guarantee the use of medium lift aircraft to support Repsol's oil and gas operations and provide emergency response services, if needed.This contract extends Erickson's global partnership with Repsol, as they also conduct business together in South America.The second contract with the US Department of Transportation will continue to provide weekly, year-round helicopter service to people and cargo between Nome, Wales and Little Diomede, Alaska for one year.The community of Little Diomede is located in the Arctic Circle near the International Date Line, along the shore of steep mountain in the Bering Sea.The Essential Air Service is often the only lifeline the community has with the Mainland, especially during inclement weather, when traveling by boat or fixed wing aircraft is impossible.Erickson has been providing airlift services to the community of Little Diomede for more than 50 years, and is committed to continue this essential support.  Full Article

Erickson Inc wins Mexico pipeline construction contract
Tuesday, 14 Apr 2015 08:30am EDT 

Erickson Inc:Has contracted with Group Desarrollo Infaestructura, SA de CV (GDI) who is contracted with Transcanada Corporation's Mexican Subsidiary, Transportadora de Gas del Noreste.For new rural infrastructure pipeline project that will bring clean-burning natural gas to businesses and citizens in Mexico.Says agreement will guarantee the use of an S-64 E Aircrane to assist in the external load transport of more than 1,000 natural gas pipeline segments that will complete the 329 mile long Topolobampo Project.Project is first for Erickson within the construction services market in Mexico.  Full Article

Erickson Inc secures philippines dam contract
Thursday, 9 Apr 2015 08:30am EDT 

Erickson Inc:Says it has contracted with Cavite Ideal International Construction and Development Corporation (Cavdeal) and Asia Aircraft Overseas Philippines (AAOP).Says it provides heavy-lift aviation services in support of Angat Dam project in Norzagaray Municipality in Bulacan Province, Central Luzon Island, Philippines.Says performance of this work is projected to occur in Q2 of 2015.Agreement guarantees use of an S-64E Aircrane in support of crucial water diversion project, which will ensure water is accessible to hydro-electric facilities supporting Manila and the surrounding rural area.Aircraft will be deployed to move equipment and materials required for construction of a tunnel to divert an estimated 188 mln liters of water per day from Sumag River to the Angat Dam, augmenting area's water supply.  Full Article

Erickson announces Key North American contract awards
Tuesday, 7 Apr 2015 08:30am EDT 

Erickson Inc:Company has renewed key contracts with the US Forest Service as well as with Canadian aerial heavy lift company Helifor Canada (Helifor), a subsidiary of Columbia Helicopters.  Full Article

Erickson Inc announces CEO transition
Tuesday, 3 Mar 2015 08:00am EST 

Erickson Inc:Announces that its President and CEO Udo Rieder informed the board of directors of his desire to retire from the Company (including his role as an Erickson board member) effective March 31, 2015.Says the board of directors has appointed Jeff Roberts as new President and CEO of Erickson effective April 1, 2015.  Full Article