MD Helicopters

MD Helicopters (MDH) is under new leadership after being acquired by an investment consortium led by MBIA Insurance Corp., Bardin Hill and MB Global Partners. Brad Pedersen will be serving as the company’s president and CEO with former Boeing Government Services president Edward Dolanski as chairman of the board. As previously reported by AVweb, MD […]

Arizona-based aircraft manufacturer MD Helicopters has entered into an asset purchase agreement with a creditor consortium led by Bardin Hill and MBIA Insurance Corporation. As part of the process, the company has filed for Chapter 11 bankruptcy. MD stated that it believes doing so will allow for a quick and orderly sale with the consortium […]