November 7 - Portland, USA based Erickson Air-Crane, a leading operator and the manufacturer of the powerful Erickson S-64 Aircrane heavy lift helicopter, is set to acquire 14 helicopters and associated personnel and assets from HRT Participacoes em Petro

A non-binding letter of intent signed for the acquisition to be completed requires that Erickson provides operational services to HRT in the Amazon, including both cargo and passenger transport, through a three-year, renewable contract.

Udo Rieder, ceo of Erickson Air-Crane, commented: "Brazil is one of the most dynamic and fastest growing industrial markets in the world and we are uniquely suited to provide our expertise and leverage the full capabilities of this fleet and our investment."