May 20, 2013
Erickson Air-Crane purchases five aircraft
Erickson Air-Crane reported that its wholly owned subsidiary, Evergreen Helicopters, has acquired five aircraft for $10.1m that it has historically leased from a third-party. The acquired aircraft include two Bell 214STs, two Beechcraft 1900Ds and one Casa 212-CC. The Company’s total fleet size remains unchanged at 85 aircraft, now comprised of 35 leased and 50 owned aircraft.