Wed, Dec 05, 2012
Signs Non-Binding Letter Of Intent To Buy 14 Aircraft And Associated Assets
Erickson Air-Crane Incorporated, an operator and the manufacturer of the powerful heavy-lift helicopter, the Erickson S-64 Aircrane, has entered into a non-binding letter of intent to acquire 14 helicopters and associated personnel and assets from HRT Participacoes em Petroleo, S.A. (HRT).
The letter of intent is non-binding and, for the acquisition to be completed, requires that EAC provide operational services to HRT in the Amazon, including both cargo and passenger transport, through a three-year, renewable contract.
"We are very pleased to have identified what we believe is a strong future partner," said Udo Rieder, Chief Executive Officer of Erickson Air-Crane. "Were confident that this acquisition can be an excellent path to diversification and growth. Brazil is one of the most dynamic and fastest growing industrial markets in the world and we are uniquely suited to provide our expertise and leverage the full capabilities of this fleet and our investment."
The Aircrane has a lift capacity of up to 25,000 pounds and is the only commercial aircraft built specifically as a flying crane without a fuselage for internal loads. The Aircrane is also the only commercial heavy-lift helicopter with a rear load-facing cockpit, combining an unobstructed view and complete aircraft control for precision lift and load placement capabilities.
Erickson Air-Crane owns and operates a fleet of 18 Aircranes, which are used to support a wide variety of government and commercial customers worldwide across a broad range of aerial services, including firefighting, timber harvesting, infrastructure construction, and crewing. Erickson Air-Crane also manufactures Aircranes and related components for sale to government and commercial customers and provides aftermarket support and maintenance, repair, and overhaul services for the Aircrane and other aircraft.
Also: Porker Of The Month, Aviation BBB?, Super Puma, AirVenture Events, FedEx 767s, Solar Impulse, Sikorsky Flight Safety Foundation has released the study "Benefits Analysis of S>[...]
"The Team is proud to resume the Blue Angels mission, representing the pride and professionalism of the Navy and Marine Corps, and inspiring a culture of excellence. The Blue Angel>[...]
Coupled Approach A coupled approach is an instrument approach performed by the aircraft autopilot which is receiving position information and/or steering commands from onboard navi>[...]
Aero Linx: Aviators Model Code of Conduct Initiative (AMCC) AVIATORS MODEL CODE OF CONDUCT: Innovative tools advancing aviation safety and offering a vision of excellence for aviat>[...]
Modified Five-Jet Team Returns To Airshow Circuit The U.S. Navy Blue Angels will return to its 2016 demonstration schedule July 2-4 in Traverse City, MI, Commander, Naval Air Force>[...]