Erickson Air Crane is buying Evergreen Helicopters for $250 million, as well as Air Amazonia from Brazilian oil and gas exploration company HRT for $65 to $75 million. Both deals are expected to close in the second quarter and will boost Erickson’s current $180 million annual revenues to a projected $430 million.
Erickson Air-Crane has executed a binding term sheet to acquire the Air Amazonia aerial services business from Brazilian oil and gas exploration and production firm HRT Partcipacoes em Petroleo. The move supersedes a non-binding letter of intent Erickson submitted in September 2012.
Atlantic Aviation moved to expand its Pacific Northwest footprint when it agreed to purchase the FBO assets of Oregon-based Flightcraft. The Oregon company operates the sole FBOs at Portland International Airport and at Mahlon Sweet Field Airport in Eugene, Ore.
Hillsboro Aviation (Booth No. 1350) continues to grow its business in China. The company currently has more than 100 Chinese airplane and helicopter student pilots training at its Hillsboro, Ore., facility and is the only Civil Aviation Administration of China (CAAC) approved school for both airplane and helicopter training in the U.S.
Oregon’s legislature voted to honor Columbia Helicopters founder and chairman Wes Lematta by renaming Aurora Airport Wes Lematta Field at the Aurora State Airport.
Independent maintenance provider Global Aviation of Hillsboro, Ore., has promoted Brian Lockhart to vice president. Lockhart has worked for Global Aviation for 13 years, most recently as director of maintenance for the company, which offers maintenance, charter/management and FBO services at Portland-Hillsboro Airport.
Due to challenges in the overall Northwest U.S. business sector, Portland, Ore.-area FBOs serving corporate aviation clients have structured their operations to attract clients from a greater radius.
Las Vegas-based Epic Aircraft has maintained a low profile since the company announced its composite turboprop single at EAA AirVenture last year, but has been making progress on its prototype. In March, the company removed the fuselage for the first airplane from the molds at its facility in Bend, Ore., while the composite wings were completed in February.
Our series on America’s finest golf courses continues with a look at the three best modern courses in the western U.S., as determined by Golfweek magazine’s handpicked panel of 385 course raters. The raters, who are students of architecture, attend national workshops and each evaluate 15 to 20 courses per year.
The new FBO at Roseburg Regional Airport in Oregon is Ocean Air Aviation, which took over FBO services at the airport from Wingnuts Flying Services. Roseburg is Ocean Air’s second FBO, joining the company’s facility in North Bend, Ore., and “we’re looking at three more FBOs now,” said Denise Langerveld, wife of Ocean Air founder Ed Langerveld.
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