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3 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation | Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Home News Latest Stories Transient who shot girlfriend for nagging in Rogue River convicted of murder Rogue Disposal considers rate increase Man jailed for allegedly firing shots in trailer park Second man sentenced for robbing elderly couple outside Talent Hunter to earn Eagle Scout honor Crime, Courts and Emergency Services Transient who shot girlfriend for nagging in Rogue River convicted of murder Man jailed for allegedly firing shots in trailer park Second man sentenced for robbing elderly couple outside Talent Elk poacher ordered to pay $17,000 for Lake Creek Road area crimes Emergency Services, May 14 Politics and Elections Arthur I. Cyr: Camp David summit will not help Mideast stability Ashland water bills could go up to fund watershed protection Pacific Connector Gas Pipeline opponents rally in Medford BREAKING: Baltimore prosecutor charges officers in Freddie Gray's death Earthquakes hit regularly in Medford (Oklahoma, that is) Education South Medford, Ashland high schools earn national honors Medford garage sale will put books in African kids' hands Medford schools restore parent-teacher conferences Latino parents: More bilingual staff needed in Medford schools Medford schools still filling admin roles Environment Jackson County declares drought disaster Ashland water bills could go up to fund watershed protection Crater Lake may soon have China connection State waives college placement tests for students who hit high marks Stopping fire in its tracks State News Panel sends Jackson, Josephine drought declarations to governor Court overturns $85 million award for Oregon soldiers Oregon families should get $284 in tax rebates next year Pot tourism, one way or another, expected in Oregon Roseburg City Council holsters decision on garage-based gun store Nation - World There's a $10 million precious stone hidden in plain sight at Grand Central Obituaries Katie Beth (Lehnhardt) Marical Russell Dale Williams Keith D. 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Cyr: Camp David summit will not help Mideast stability Our View: City should let SkyPark project move ahead George Will: In childhood, risk is inherent Editorials Our View: City should let SkyPark project move ahead Our View: E-cigarette bill is half right, half wrong Our View: Abundant water no excuse for waste Our View: Mental health funding should be a priority Other Views: Court ruling means PERS reform is dead Letters to the Editor Letters to the Editor, May 14 Letters to the Editor, May 13 Letters to the Editor, May 12 Letters to the Editor, May 11 Letters to the Editor, May 10 Columns Arthur I. Cyr: Camp David summit will not help Mideast stability George Will: In childhood, risk is inherent Dana Milbank: Power to the populists Kathleen Parker: Defining deity down: Changing others' religion Guest Opinion: Ample water? Think again Guest Opinions Guest Opinion: Ample water? Think again Guest Opinion: Oregon mothers need much more than flowers Guest Opinion: Child poverty and the Schneider Children’s Center Guest Opinion: Animal-killing program pulls wool over taxpayers' eyes Guest Opinion: Uniting to restore our sovereignty to we, the people Lifestyle Latest stories Betty Montgomery: Longleaf pines making a comeback Season Stepp: Use pink lemonade in recipes William Keesler: Home alone with Arty Pergola, arbor, gazebo: Learn the differences Marketta Gregory: God doesn’t need our polished marketing Food Season Stepp: Use pink lemonade in recipes Quick, easy, versatile Page H. Onorato: Cookbook offers old friend in the kitchen today A classic dish: Celery Victor Tammy Kelly: Add springtime crunch with cucumbers Home and Garden Betty Montgomery: Longleaf pines making a comeback Pergola, arbor, gazebo: Learn the differences Dear Monty: Five tips for companies to reduce relocation costs Options abound for gardens in shady spots Tricks and tips to enlarge your small bath Health Brent St. Germain: Weight loss goes to the dogs Community blog: Don't Fall for This Part 2 Health Watch: Easy tips to drink more water throughout the day New cardiac rehab center opens at Asante RRMC Community blog: You and Me at 83... Hiking Biking Faith Religion Briefs: Friday, May 8 Religion Briefs: Friday, May 1 Religion Briefs: Friday, April 24 Religion Briefs: Friday, April 17 Milestones and Achievements Bukair-Hinkle Wedding: Stephanie Anne Obad and Mark Douglass Schmor Ashland water bills could go up to fund watershed protection Drones helping create unique wedding photos Pick your favorite wedding flowers Columnist for a Day Rogue Healthy Aging Tempo Latest stories Steve Poltz, Grant-Lee Phillips at Old Ashland Armory 'One Flew Over the Cuckoo's Nest' Flowers, art and music highlight Art in Bloom 5 picks for live entertainment Live Music in Local Clubs Theater 'One Flew Over the Cuckoo's Nest' REVIEW: Randall Theatre's 'Little Shop of Horrors' a rollicking good time REVIEW: Carson, Patton shine in 'Arsenic and Old Lace' Some Oregon Shakespeare Festival crew members seek to unionize Randall Theatre stages 'Little Shop of Horrors' Music Steve Poltz, Grant-Lee Phillips at Old Ashland Armory Victor D. 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The Farr Side: Contest open for singer-songwriters Live Music in Local Clubs Peter Rowan, Big Sandy & His Fly-Rite Boys at Rootsfest Community Events 5 things to see at Art in Bloom Flowers, art and music highlight Art in Bloom Hip-Hop Poetry Open Mic at OSF's Black Swan in Ashland Ashland's First Friday Art Walk showcases new exhiits by regional artists Master Gardener Spring Fair at The Expo Movies Your A-to-Z guide to the ‘Mad Max’ franchise Movie review: ‘Mad Max: Fury Road’ will leave your inner 12-year-old giggling with glee Movie review: ‘Hot Pursuit’ is a hot mess George Miller returns to his ‘Mad Max’ roots Tom Hardy adapts to life as Mad Max Dining Quick, easy, versatile April 2015 Restaurant Inspections Restaurant inspections: May 10, 2015 Wood-fired pies at Peace of Pizza Trium is a classic example of a boutique winery Tempo Videos Classifieds Jobs Autos Real Estate FEATURED » Obits Blogs TV Listings Movie Listings Oregon Outdoors Oregon Healthy Living Special Sections Business Services NEWS NOW Panel sends Jackson, Josephine drought declarations to governor ... Rogue Disposal considers rate increase ... Man jailed for allegedly firing shots in trailer park ... Panel sends Jackson, Josephine drought declarations to governor ... Rogue Disposal considers rate increase ... Man jailed for allegedly firing shots in trailer park ... AVIATION Erickson reports $75 million loss in 1st quarter By Greg Stiles Mail Tribune MailTribune.com By Greg Stiles Mail Tribune Posted May. 12, 2015 @ 12:01 am By Greg Stiles Mail Tribune Posted May. 12, 2015 @ 12:01 am » Social News p bs:newslist StartDate="20121121" EndDate="p bs:datecalc Months="3"" DateSort="1" UseObjects="1" ObjectClass="81" Taxonomywords="2325,665" ExactTaxonomyMatch="1" Image="1" Count="4" --> A 10.8 percent revenue decline coupled with a non-cash, goodwill write-down resulted in Erickson's losses widening in the first quarter. The Portland-based firm, whose commercial aviation and maintenance, repair and overhaul operations are in Medford, reported a net loss of $75 million, or $5.42 per share, compared to $7.6 million, or 55 cents per share a year ago.  Revenue for the period ending March 31 declined $8 million to $66.2 million. Erickson said the kind of work done in the Rogue Valley improved, but not to the degree oil and gas exploration and government revenue declined. The company said other contributing factors to the net loss were the write-down of $49.8 million of goodwill on its books, the revaluation of their aircraft fleet and acquisition integration and restructuring expenses. Jeff Roberts, president and CEO, told analysts during an afternoon conference call Erickson is pursuing lines of work it hasn't in the past. "We've opened the aperture there, and the opportunities in the kind of work that we're bidding on has actually increased as well since I've been here," said Roberts, who stepped into his role last month. "On our manufacturing and MRO business, as a result of the Bell 214 program, we're really starting to see some very good interest. So the good news for me is there is a lot of market out there that we can go out and chase." Erickson said its manufacturing, as well as maintenance, repair and overhaul revenue, grew to $7 million from $2.7 million. Commercial aviation services sales fell to $26.3 million from $29.9 million in 2014, driven primarily by a less intense firefighting season in Australia and Turkey. Activity in South America, with new energy customers in Peru and Ecuador, were beneficial. "I do believe that oil and gas at some point seems to have leveled out right now and hopefully it’ll be stable, come back at some point in the future," Roberts said. "When will that occur? I am not the guy to ask that question. But I am bullish long-term. I don’t believe that the world is going to quickly not need oil and gas in the future." Erickson shares rose 12 cents Monday, closing at $3.91. Reach reporter Greg Stiles at 541-776-4463 or  [email protected] . Follow him on Twitter at  www.twitter.com/GregMTBusiness , on Facebook at  https://www.facebook.com/greg.stiles.31 , and read his blog at  www.mailtribune.com/EconomicEdge     By Greg Stiles Mail Tribune MailTribune.com By Greg Stiles Mail Tribune Posted May. 12, 2015 @ 12:01 am » Comment or view comments /* $( document ).ready(function() { // Jquery mobile is trying to style the button and leaving a blank gry button on top of a white button $("#viafouracoms .vf-comment-controls li.vf-right").html(' Submit '); });*/ » STAY INFORMED Email NewsLetter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Propel Marketing Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Stay Informed Email newsletter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. 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