MD Helicopters has to slash its work force by a quarter. The troubled company has been further damaged by a slowdown in orders for its helicopters, which are primarily aimed at the law enforcement and air ambulance markets.
When Piper introduced the Meridian in 2001, it marked the return of the Vero Beach, Fla.-based manufacturer to the turboprop market and the end of a nine-year hiatus since the Cheyenne production line went quiet in 1992.
Sikorsky president Steve Finger said that Schweizer’s “ability for rapid prototyping makes the company an excellent choice for advanced concept evaluation and its focus on product safety aligns well with our own.” In fact, Schweizer is such a good match for Sikorsky that Finger bought the company
To associate the jet-set image of a corporate flight department with S-38 flying boats and Ford Trimotors might seem a bit of a stretch to those who fly in the plush expanses of a gold-trimmed, leather-upholstered Global Express or GIV.
The focus for flight departments since September 11 has tended to be on corporate aircraft as potential weapons, because that is what has most concerned the security fraternity in government. But is the corporate aircraft more vulnerable as a target itself?
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