As the first new model introduced since Lynn Tilton’s Patriarch Partners bought MD Helicopters (MDHI) in 2005–and rescued the manufacturer from the brink of collapse–the MD 540F armed scout helicopter not only marks the continued evolution of a storied platform that traces its lineage back to the Hughes 500D. It also symbolizes renewed hope for the company’s future.
Phoenix Heliparts, with 1st Source Bank and Southwest Aviation Insurance Group, plans to offer financing and insurance options on its future MD 500 helicopter sales. Phoenix Heliparts (Booth No. C1527) aims for its Mesa, Ariz. headquarters to become the one-stop shop for MD 500 purchases by “providing a total service experience and simplifying the process of restoring and upgrading MD 500s.”
Phoenix Heliparts president Tina Cannon said the goal is “to reduce the challenges that buyers face when undergoing a custom helicopter restoration.”