MD Helicopters Announces New Ownership and Leadership

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The Mesa, Arizona helicopter manufacturer, emerges from bankruptcy ready to stabilize and support customers with an eye on future growth. Brad Pedersen, the newly announced president of MD Helicopters LLC, is no-nonsense regarding the company's future. After three years of working through a bankruptcy process with a compilation of companies, Pedersen said that MD Helicopters is ready to focus on its core business – the customers and after-market support. The 35-year aerospace veteran said that the company is financially strong, and the bankruptcy was a collateralized loan fund that included ownership of several companies. It wasn't a bankruptcy borne of poor financial management. By Jennifer Ferrero

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Tags: Brad Pedersen Brad Pedersen MD Helicopters President MD 500E MD 530F MD Helicopter New Leadership MD Helicopters New Ownership
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