Peru

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PRESS RELEASE – 05 April 2016

Erickson Wins Heavy Lift Contract in Peru.

Erickson to provide heavy lift helicopter cargo transport over Amazon

PORTLAND, Ore. — Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, has been selected for the transport and precision placement of oil and gas equipment by helicopter over the Amazon region in Peru.

“We are pleased to be providing heavy lift services for Pluspetrol amidst the current headwinds in the oil market. This new contract is a testament to the strength of our customer relationships and our strong operating performance,” said Jeff Roberts, President and CEO of Erickson Incorporated.

Under this agreement, Erickson is providing one S-64F Aircrane and related support for year-round use to Pluspetrol, Operator of the Camisea consortium. Erickson offers a variety of utility aircraft for oil and gas customers in their onshore exploration and production. To safely and efficiently deliver drilling rig equipment and material cargo in remote and austere environments, Erickson combines its heavy lift and precision placement capabilities with transportation services.

The Aircrane is an iconic heavy-lift helicopter, capable of hoisting more than ten tons. The aircraft is often utilized for infrastructure construction support, timber harvesting, firefighting and rooftop HVAC installation. Erickson is the Type Certificate holder and Original Equipment Manufacturer (OEM) for the Aircrane.

The company is currently flight-testing composite main rotor blades for the aircraft developed by Erickson’s Reliability Engineering Program. This program tracks component performance and determines corrective action analyses to drive part and assembly improvements, such as the Aircrane’s main rotor blade enhancements. The program is based within Erickson’s Manufacturing and Maintenance, Repair and Overhaul (MRO) division, which delivers a level of quality service certified to internationally recognized AS9100 standards. This certification extends to the repair station, where aircraft maintenance occurs in the field, making Erickson’s operations entirely self-reliant.

Leading the company’s bid for the contract was Erickson’s comprehensive Safety Management System (SMS). This SMS focuses on proactive risk management to identify and correct potential hazards. Through these safety and efficiency procedures, the company consistently maintains an industry leading Operational Readiness Rate (ORR) worldwide.

Erickson has significant experience operating in South America, including Peru, Ecuador and Brazil.

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