MD Helicopters Move Likely

Aviation International News » May 2008
May 2, 2008, 7:41 AM

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.

The move is expected to affect 300 employees at MD’s current site, Falcon Field in Mesa, Ariz., as well as another 150 employees at Heritage Aviation, a Patriarch-owned helicopter completion and modification center located in Grand Prairie, Texas. Patriarch CEO Lynn Tilton said she wanted to co-locate the two companies at any potential new location. The relocation push started when MD was unable to negotiate a satisfactory rent increase abatement at its current plant site.

FILED UNDER: 
Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.

 
X