Halvorson-led team acquires Soloy

 - December 14, 2007, 7:09 AM

Elling Halvorson, chairman of Papillon Airways, and a team of investors composed of helicopter industry executives have acquired Soloy Corp., an engine mod company. Soloy will operate as a stand-alone company and will remain located in Olympia, Wash., according to Halvorson. Soloy was founded in 1970 by Joe Soloy, who died in February at age 78. Mods include the Soloy Dual Pac conversion of the Bell 206L series into a twin-engine helicopter and the Rolls-Royce 250-powered Cessna 206 and 207.