{"id":19138,"date":"2021-08-09T21:04:58","date_gmt":"2021-08-09T21:04:58","guid":{"rendered":"https:\/\/saj.pachecostudios.com?p=19138"},"modified":"2021-08-09T21:04:59","modified_gmt":"2021-08-09T21:04:59","slug":"erickson-initiates-eval-of-strategic-alternatives-to-accelerate-growth-in-air-ops-and-mro","status":"publish","type":"post","link":"https:\/\/stateaviationjournal.com\/index.php\/national-news\/erickson-initiates-eval-of-strategic-alternatives-to-accelerate-growth-in-air-ops-and-mro\/%20","title":{"rendered":"Erickson Initiates Eval of Strategic Alternatives to Accelerate Growth in Air Ops and MRO"},"content":{"rendered":"\n<p>Erickson Inc. announced it has retained Houlihan Lokey, Inc.\nto explore strategic alternatives to accelerate the company&#8217;s growth and\nmaintain its industry leadership position.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"\/wp-content\/uploads\/Erickson.jpg\" alt=\"\" class=\"wp-image-19139\" width=\"346\" height=\"218\" srcset=\"https:\/\/stateaviationjournal.com\/wp-content\/uploads\/Erickson.jpg 400w, https:\/\/stateaviationjournal.com\/wp-content\/uploads\/Erickson-300x189.jpg 300w\" sizes=\"auto, (max-width: 346px) 100vw, 346px\" \/><figcaption><em>Erickson Inc. and the S-64 Super Air Crane Helicopter.<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p>&#8220;We are seeking a strategic partner who shares our\nvision, our commitment to customers and employees and can add strategic and\noperational value in the aviation and aerospace industry,&#8221; stated Doug\nKitani, CEO and Director.<\/p>\n\n\n\n<p>Founded in 1971, Erickson&#8217;s Manufacturing and MRO services\ninclude manufacturing the S-64 Air Crane\u00ae helicopter as the original equipment\nmanufacturer (OEM) as well as manufacturing key aerospace parts for aerospace\nOEMs. The commercial aerial services include the operation of 20 Erickson owned\nand operated S-64 Air Crane\u00ae helicopters to perform firefighting, powerline\nconstruction, timber harvesting, HVAC, and specialized heavy-lift for oil and\ngas.<\/p>\n\n\n\n<p>&#8220;Our aim is to upgrade Erickson&#8217;s great assets,\nincluding technology advances in the S-64 Super Air Crane, and expand our\ncapabilities in MRO. A new strategic partner will complement our strengths,\npropel Erickson to the next level, and position the company, with its legacy\nand expertise, as the first-choice leader in the most demanding, air operations\nand OEM-level, MRO support,&#8221; added Kitani. &#8220;As a proven and resilient\ncompany, our people and partnerships enable and empower us to serve our mission\nto the highest standard.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Erickson Inc. announced it has retained Houlihan Lokey, Inc. to explore strategic alternatives to accelerate the company&#8217;s growth and maintain its industry leadership position. &#8220;We are seeking a strategic partner who shares our vision, our commitment to customers and employees and can add strategic and operational value in the aviation and aerospace industry,&#8221; stated Doug [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[115],"tags":[],"class_list":["post-19138","post","type-post","status-publish","format-standard","hentry","category-national-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/19138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=19138"}],"version-history":[{"count":1,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/19138\/revisions"}],"predecessor-version":[{"id":19140,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/19138\/revisions\/19140"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=19138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=19138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=19138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}