Item 8.01 Other Events.

As previously disclosed, on November 8, 2016, Erickson
Incorporated (the Company) and its subsidiaries (collectively
with the Company, the Debtors) filed voluntary petitions in the
United States Bankruptcy Court for the Northern District of
Texas, Dallas Division (the Bankruptcy Court) seeking relief
under Chapter 11 of Title 11 of the United States Code. The
Chapter 11 cases are being jointly administered under the caption
In re Erickson Incorporated, et al, Case No. 16-34393 (the
Chapter 11 Cases).
On February 28, 2017, the Debtors filed their monthly operating
report for the month of January 2017 (the Monthly Operating
Report) with the Bankruptcy Court. The Monthly Operating Report
is attached hereto as Exhibit 99.1 and is incorporated herein by
As previously disclosed in the Companys Current Report on Form
8-K filed with the SEC on November 9, 2016, the Company has
concluded that its previously issued consolidated financial
statements for the years ended December 31, 2015 and 2014 and its
quarterly information for each of the quarterly and year-to-date
periods ended March 31, June 30 and September 30 for the years
2015 and 2014, and the quarterly and year-to-date periods ended
March 31 and June 30, 2016 should not be relied upon because of
certain errors within the financial statements. The Company has
not filed periodic reports to correct those errors. The Company
has not completed its analysis in respect to the errors, nor has
any of the data been subject to any audit procedures.
Cautionary Note Regarding the Monthly Operating Report
The Company cautions investors and potential investors not to
place undue reliance upon the information contained in the
Monthly Operating Report which was not prepared for the purpose
of providing the basis for an investment decision relating to any
of the securities of the Company. The Monthly Operating Report is
limited in scope, covers limited time periods, and has been
prepared solely for the purpose of complying with the monthly
reporting requirements of the Bankruptcy Court. The Monthly
Operating Report was not audited or reviewed by independent
accountants, was not prepared in accordance with U.S. generally
accepted accounting principles, is in a format prescribed by
applicable bankruptcy laws, and is subject to future adjustment
and reconciliation. There can be no assurance that, from the
perspective of an investor or potential investor in the Companys
securities, the Monthly Operating Report is complete. The Monthly
Operating Report also contains information for periods which are
shorter and otherwise different from those required in the
Companys periodic reports to the Securities Exchange Act of 1934,
as amended (the Exchange Act), and such information might not be
indicative of the Companys financial condition or operating
results for a period that would be reflected in the Companys
financial statements or in its report to the Exchange Act.
Information set forth in the Monthly Operating Report should not
be viewed as indicative of future results.
Cautionary Note Regarding Forward-Looking Statements
This Form 8-K and the related exhibit contain forward-looking
statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements, including those
relating to the intent, beliefs, plans or expectations of the
Company are based upon current expectations and are subject to a
number of risks, uncertainties and assumptions. It is not
possible to predict or identify all such factors and the
following list should not be considered a complete statement of
all potential risks and uncertainties relating to the filing of
the bankruptcy petitions by the Debtors, including, but not
limited to: (i) the Companys ability to obtain the Bankruptcy
Courts approval with respect to motions or other requests made to
the Bankruptcy Court in the Chapter 11 Cases, including
maintaining strategic control as debtor-in-possession, (ii) the
ability of the Company and its subsidiaries to negotiate,
develop, confirm and consummate a plan of reorganization, (iii)
the effects of the filing of the bankruptcy petitions on the
Companys business and the interests of various constituents, (iv)
the Bankruptcy Court rulings in the Chapter 11 Cases, as well the
outcome of all other pending litigation and the outcome of the
Chapter 11 Cases in general, (v) the length of time that the
Company will operate under Chapter 11 protection and the
continued availability of operating capital during the pendency
of the Chapter 11 proceedings, (vi) risks associated with third
party motions in the Chapter 11 Cases, which may interfere with
the Companys ability to confirm and consummate a plan of
reorganization, (vii) the potential adverse effects of the
Chapter 11 proceedings on the Companys liquidity or results of
operations, (viii) increased advisory costs to execute the
Companys reorganization, (ix) the impact of the NASDAQ delisting
on the Companys ability to access the public
capital markets, (x) the uncertainty that any trading market for
the Companys common stock will exist or develop in the
over-the-counter markets, (xi) the Companys ability to continue
as a going concern and (xii) other risks and uncertainties. These
risks and uncertainties could cause actual results to differ
materially from those described in the forward-looking
statements. For a more detailed discussion of risk factors,
please see Part I, Item 1A, Risk Factors of the Companys most
recent Annual Report on Form 10-K for more information. The
Company assumes no obligation and expressly disclaims any duty to
update the information contained herein except as required by
Item 9.01
Financial Statements and Exhibits.
Monthly Operating Report for January 2017 as filed with
the United States Bankruptcy Court for the Northern
District of Texas, Dallas Division on February 28,


Erickson Incorporated is a provider of aviation services to both commercial and governmental entities in approximately 20 countries. The Company’s operating segments include Commercial Aviation Services, Global Defense and Security, and Manufacturing and Maintenance, Repair and Overhaul (MRO). The Company owns and operates a fleet of aircraft and provides a range of aerial services, including critical supply and logistics for deployed military forces, humanitarian relief, firefighting, timber harvesting, infrastructure construction and crewing. It also maintains a vertically integrated manufacturing capability for the Aircrane and related components, and MRO services for the Aircrane and other aircraft. The Company operates a fleet of light, medium and heavy rotor-wing and fixed-wing aircraft. The Company also leases its aviation services for missions, with customers paying for the aircraft, maintenance, crewing services and fuel to operate the aircraft.


ERICKSON INCORPORATED> (OTCMKTS:EACIQ) closed its last trading session 00.000 at 0.150 with 658,213 shares trading hands.