MD Helicopters MD 500E, Sunrise Beach, Mo., May 25, 2008–Landing at a private helipad at Lake of the Ozarks, the MD 500 hit the water; one passenger was killed, the commercial pilot and two passengers received minor injuries and one passenger was unhurt. On approach, the helicopter slowed to a hover, then made a “very quick
MD Helicopters of Mesa, Ariz., said five MD 600Ns have exhibited cracks in the tailcone attachment area, and that an inspection bulletin is forthcoming to operators of the 53 aircraft currently flying. Concern over the cracks surfaced following the discovery of damage to the Notar-system tailcone attachment structure during a routine inspection of the MD 600N operated by the Los Angeles County Sheriff’s department.
After less than three years as a stand-alone company, MD Helicopters Inc. (MDHI) has doubled its workforce to more than 400 and expects revenues of at least $150 million this year.
Cushman and Wakefield, the real-estate firm hired by MD Helicopters parent company Patriarch Partners, has reportedly narrowed potential new sites for the company down to four: Phoenix-Mesa Gateway Airport, North Texas Regional Airport, Shreveport Regional Airport and Will Rogers World Airport in Oklahoma City. The company was expected to make a decision by late last month.
Find out why Patriarch Partners founder Lynn Tilton bought MD Helicopters and where it’s going today, why she might buy a bankrupt very light jet manufacturer and what she thinks about the current state of the U.S. economy. Then learn from Jet Aviation CEO Peter Edwards how his company is taking its business aviation service around the world. Click here to view.
Amid feverish speculation that the 2005 show might be rattling around the mighty Excel exhibition centre in London’s docklands, this year’s Helitech, held in late September, rolled back its sleeves and got on with the job in hand. During a week of beautiful late-summer weather, the biennial event attracted more than 6,500 trade visitors and some 300 helicopters to Duxford Airfield.
Yesterday at Heli-Expo in Houston, MD Helicopters CEO Lynn Tilton told the aviation press that she is “probably going to buy a very light jet”–not just an airplane, but an entire company. Tilton added that she has been negotiating with a composites production firm in Italy.
MD Helicopters CEO Lynn Tilton is not one to mince words, and in her address at the company’s media conference here yesterday she made no exception.
The outspoken Tilton defended the company that she assumed control of in 2005 while taking to task naysayers and critics and outlining the most recent steps being taken to return MDHI to profitability.
Eurocopter closed out the second day of Heli-Expo 2008 with new firm orders and options for more than 200 helicopters with a total value estimated in excess of $1 billion. The company’s firm orders alone were in the neighborhood $850 million, substantially more than the $732 million for all OEM firm commitments disclosed at Heli-Expo’07.
The police helicopter unit of Columbus, Ohio, has accepted delivery of its 10th MD 500E; the ninth was delivered in December. The aircraft is on display at the MD Helicopters booth (No. 143).