Erickson files for Chapter 11

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This is surprising to me after this fire season. They are filing for bankruptcy but the operation will continue without interruption. Seems, I don't know, maybe a little shady. Is there a helicopter mafia?
 
A helicopter mafia? Probably. The outfit is owned and run by bean counters now.They're just making the noises that their creditors want to hear. Suits doing suits stuff I guess.
When Erickson actually owned Erickson they kept things simple and they knew how to run a business.
 
The Evergreen acquisition didn't exactly help them either. Once you get passionate founders out of a company it rarely turns out well.


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