Era Helicopters writes off $117M from EC225 fleet

20 Nov, 17, Source:

In the recent Q3 earnings call with financial analysts, Era Helicopters President and CEO Chris Bradshaw provided the following commentary as part of his introduction:-

“The next topic is an update on the status of H225 and AS332 L2 model helicopters following the fatal accidents off the coast of Norway in April 2016, and resultant operational suspension of the helicopter models. The root cause of the accident...

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