Erickson Revenue Down, but Backlog Strong
Erickson Air-Crane posted a 10.9-percent drop to $37.9 million in second-quarter revenue from the same period in 2011, but said it still had a $228.1 million backlog. The company holds the TC for the S-64 Aircrane. It builds, services and sells the heavy-lift helicopter to third parties, and also operates its own fleet of 17. Erickson reported strong revenues from fire-fighting and construction activities but noted a drop-off in logging operations.