As previously announced, on November 8, 2016, Erickson Incorporated filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code. The Company expects to file a consensual plan of reorganization with the support of its major creditor constituencies within the first 50 days of the bankruptcy case, which the Company anticipates will dramatically reduce its total indebtedness and allow it to exit bankruptcy with a stronger balance sheet in 2017.The Chapter 11 cases are being jointly administered under Case No. 16-34393 before the Honorable Judge Harlin D. Hale in the United States Bankruptcy Court for the Northern District of Texas. Suppliers and other stakeholders can find additional information about Erickson's reorganization at www.ericksoninc.com. In addition, court filings and other information related to the restructuring proceedings are available at www.kccllc.net/erickson. About Erickson Erickson is a leading global provider of aviation services and operates, maintains and manufactures utility aircraft to safely transport and place people and cargo around the world. The Company is self-reliant, multifaceted and operates in remote locations under challenging conditions specializing in Global Defense and Security, Manufacturing and MRO, and Commercial Services (comprised of firefighting, HVAC, power line, construction, timber harvesting, oil and gas and specialty lift). With roots dating back to 1960, Erickson operates a fleet of approximately 69 aircraft, is headquartered in Portland, Oregon, USA, and operates in North America, South America, Europe, the Middle East, Africa, Asia Pacific, and Australia. For more information, please visit our website at www.ericksoninc.com.
ContactSusan Bladholm—Media requests(971) 255-5023Zachary Cotner—Investor Relations(503) 505-5804, firstname.lastname@example.org