Go Back  PPRuNe Forums > Aircrew Forums > Rotorheads
Reload this Page >

MD - All Not Good in Mesa

Wikiposts
Search
Rotorheads A haven for helicopter professionals to discuss the things that affect them

MD - All Not Good in Mesa

Thread Tools
 
Search this Thread
 
Old 8th Feb 2011, 02:27
  #181 (permalink)  
 
Join Date: Dec 2006
Location: US
Posts: 162
Likes: 0
Received 0 Likes on 0 Posts
Another one bites the dust.

Christophe Nurit's resigned effective February 4th.

How many bottles of beer on the wall?
fltlt is offline  
Old 8th Feb 2011, 23:18
  #182 (permalink)  
 
Join Date: Dec 2005
Location: UK
Posts: 46
Likes: 0
Received 0 Likes on 0 Posts
re; another one bites the dust!

He wasnt one of Joep's RDM men then?

http://www.mdhelicopters.com/news/pd...0Marketing.pdf

He only lasted 5 months as vice president of sales under the LT whip!

Is the writing on the wall over the other side of the pond? Will Henk head back to sort it all out
wright123 is offline  
Old 9th Feb 2011, 00:10
  #183 (permalink)  
 
Join Date: Sep 2006
Location: Inside the Industry
Posts: 876
Received 0 Likes on 0 Posts
Nurit has moved to Sikorsky as Regional Executive in charge of Asia and India.
industry insider is offline  
Old 9th Feb 2011, 20:59
  #184 (permalink)  
 
Join Date: Nov 2010
Location: Sussex but could be moving!
Posts: 71
Likes: 0
Received 0 Likes on 0 Posts
Nurit has moved to Sikorsky

I bet thats a breath of fresh air after the LT whip, will she be taking over the VP job at MD as well
lynx no more is offline  
Old 10th Feb 2011, 19:58
  #185 (permalink)  
 
Join Date: Dec 2005
Location: UK
Posts: 46
Likes: 0
Received 0 Likes on 0 Posts
$32m lawsuit filed against LT

Doesnt sound good for LT in latest trial! I did hear another RDM man was inline for the VP job, personally recommended by Joep

$32M lawsuit filed against MD’s Lynn Tilton and Patriarch Partners | Helihub - the Helicopter Industry Data Source

29 Jan, 11

A $32 million lawsuit has been filed in an Ohio Court against Patriarch Partners and Patriarch’s CEO and founder, Lynn Tilton. The suit was filed on behalf of MA Equipment Leasing I LLC and MA 265 North Hamilton Road LLC.

The suit, (case number 09CVH 08 12912 ) filed in the Common Pleas Court of Franklin County in Columbus, Ohio, follows a previous decision and order of $5.74 million for damages in favor of MA 265 as well as an additional decision awarding nearly $600,000 in attorney’s fees and costs in favor of MA Equipment (case number 07CVH02-2297). The award addressed the material breach of certain building and equipment leases, and a failed attempt to improperly move leased equipment and machinery to Monterrey, Mexico by Zohar Waterworks, which is owned by an affiliate of Patriarch. Zohar Waterworks, a Columbus-based manufacturer and distributor of water cooler systems, filed for bankruptcy in April 2009, just weeks before a judgment was to be entered on these claims.

According to the complaint, Patriarch and Tilton controlled and dominated Zohar Waterworks and were responsible for Zohar Waterworks’ filing for bankruptcy in an effort to thwart that imminent judgment and protect Patriarch and Tilton’s interests. The complaint further asserts that subsequent bankruptcy court rulings preserve any claims that MA Equipment and MA 265 had against Tilton and Patriarch.

The earlier trial court found that an employee of a Patriarch affiliate, John Harrington, “affirmatively” lied to MA Equipment, concealed material information from MA Equipment, “surreptitiously” ordered Zohar Waterworks’ employees to remove and transport the leased equipment and machinery to Mexico, and “intentionally disregarded” an admonishment by MA Equipment not to do so. The court found Harrington’s “truculence” and “belligerent attitude” forced MA Equipment to file a request for a temporary restraining order against Zohar Waterworks, resulting in a court order directing that the equipment and machinery be returned to Columbus. Zohar Waterworks “knowingly and willfully violated” that equipment lease by “improperly removing, relocating or transferring MA Equipment’s equipment to Monterrey, Mexico without obtaining MA Equipment’s prior written consent.” The trial court found that this and other “misconduct” of Harrington amounted to a material breach of the equipment lease.

The most recent lawsuit alleges Tilton, Harrington, Patriarch and other affiliates of Patriarch unlawfully interfered with and prevented Zohar Waterworks’ performance of those equipment and building leases with MA Equipment and MA 265. The suit, filed by the Ohio-based law firm Hahn Loeser & Parks LLP, also alleges fraud against Tilton and Patriarch Partners asserting that they had no intention of permitting Zohar Waterworks to perform its obligations under the leases and that they “… knowingly and maliciously misused the corporate form to defraud and unjustly damage Plaintiffs [MA Equipment and MA 265]….”

The $32 million claim includes $7 million in compensatory damages and $25 million for punitive damages.

MA Equipment is a private investment company specializing in leasing manufacturing equipment. MA 265 is an industrial real estate investment company.

For additional information or comments, please contact MA Equipment and MA 265 attorney John Marsh at 614-233-5102.
wright123 is offline  
Old 10th Feb 2011, 20:13
  #186 (permalink)  
 
Join Date: Dec 2005
Location: UK
Posts: 46
Likes: 0
Received 0 Likes on 0 Posts
Devil 50 new a/c?? no just 12 actually!

From someone who is supposed to be good with numbers, this was a bit of an over statement from the great LT

MD produced 12 helicopters in 2010, not 50 | Helihub - the Helicopter Industry Data Source

Helihub quote; So, where does this leave us? HeliHub.com believes the 2010 production of MD Helicopters was 12 airframes - those listed in section 1 above.

Due to the (lack of) speed with which FAA keeps its data current, it is possible that the 10 airframes in section 2 were also 2010 production, but as all of these are still registered to MD Helicopters and not customers, we feel safe to assume that they were not. We are very open to the fact that there may be other information not available to us which could alter these figures. We will happily run another article in the future if MD Helicopters come to us with different figures substantiated by serial numbers and customer names in the way we have in this article.
wright123 is offline  
Old 10th Feb 2011, 20:59
  #187 (permalink)  
 
Join Date: Aug 2000
Posts: 1,948
Likes: 0
Received 44 Likes on 26 Posts
wright123 I take it you would like to see MD go to the wall then ?
Hughes500 is offline  
Old 11th Feb 2011, 10:51
  #188 (permalink)  
 
Join Date: Sep 2006
Location: 'oop North
Posts: 156
Likes: 0
Received 0 Likes on 0 Posts
Is it me or are there a lot of bitter people on this thread? What's the matter kids, didn't LT send you a Xmas card this year? Or are you just intimidated by powerful successful and VERY rich women?

Dry your snot-nosed little faces and man up!!
Flaxton Flyer is offline  
Old 11th Feb 2011, 15:08
  #189 (permalink)  
 
Join Date: Dec 2006
Location: US
Posts: 162
Likes: 0
Received 0 Likes on 0 Posts
FF

I think the majority of us really wanted and expected MD to survive and thrive, many still do. But it appears that the good ship has no oars in the water and the helmsman is MIA.

And for that we are deeply disappointed, especially when their competition are running rings around them.

Sometimes throwing money around just doesn't work. You need the passion, vision, leadership and knowledge for the product and it's marketplace. Helicopters and aviation are not commodities to be traded at the drop of a hat.

I do not know Ms. Tilton personally, she does appear to be a successful person. However her track record in this industry does not live up to the hype.

Female or male, it matters not. What does matter is that MD appears to be on a slippery slope and who or how can turn that around. Otherwise I fear this thread will end for the lack of a subject.

But then what do I know.
fltlt is offline  
Old 11th Feb 2011, 16:54
  #190 (permalink)  
 
Join Date: Mar 2005
Location: Land of the Angles
Posts: 359
Received 2 Likes on 2 Posts
Sometimes throwing money around just doesn't work. You need the passion, vision, leadership and knowledge for the product and it's marketplace.
That’s very true of your workforce, but they don’t buy the product, the customer does.

What the customer has always wanted from MD is a well funded and credible owner who will not only invest in the product, but is also in it for the long run and not just an opportunity to lean and sell for a profit after 5-years.

I genuinely hope MD comes back, but this is only going to happen under the wings of one of the big four commercial players (SAC/EC/AW & Bell) and the further the big four's products evolve, the less likely they are to take on MDHi's stagnating product line.

I don't see EC being interested in anything MD has to offer, AW possibly a few years ago, but with their new AW169 in design, I'd figure them out of the equation too, so that leaves Bell and SAC.

I don't see Bell as having the money or the business case with the 429 in production and as for SAC? 5-years ago maybe, but in spite of desperately lacking something in the 7,000 to 9,000 lb category for the huge EMS/ALE market, I’m not so sure this would still be an option, as I suspect technology is moving on too quickly to make the MD902 production line a worthwhile buy.

It's a great shame as the MD902 is a credible competitor to the EC135, but what chief pilot or owner is going to opt for a platform with an uncertain future, which makes MDHi a high risk option for buyer’s and this is where the problem lies.
Hilife is offline  
Old 11th Feb 2011, 18:45
  #191 (permalink)  
 
Join Date: Dec 1999
Location: Waltham Abbey, Essex, UK
Age: 77
Posts: 1,174
Received 8 Likes on 4 Posts
Flaxton, you really must take off that blindfold and let the light into your rose-tinted spectacles.

You have supported MD to the end of the road and beyond..... and have faithfully knocked everyone that suggested all was not rosy in the garden. In all fairness your positive defences have not really born fruit in turning around the situation. The production numbers have simply not made it anywhere near the LT predictions year in year out.

No MD are not dead in the water, no their products are not rubbish. They are old, very old, and not recently upgraded but as long as they fly there are positives.

As you know selling aircraft is only part of it. On the whole they make more money for the manufacturer flying and consuming spares.

The sad fact for MD is that they, and their products, do not impress the buyer and they do not buy a worthwhile number of new ones. The exception may be Boeing and the Little Bird.

That leaves LT with an asset that is making money consuming spares. As long as the grounding rates can be controlled that gives her time.... time when she can look to use profits to improve [and maybe even sell more].

Does she have the patience to sit it out?
PANews is offline  
Old 11th Feb 2011, 19:09
  #192 (permalink)  
 
Join Date: Nov 2010
Location: Sussex but could be moving!
Posts: 71
Likes: 0
Received 0 Likes on 0 Posts
Blinfolded by PAS maybe?

Flaxton, PAN is correct as well as the other commentators from around the world on this thread.

MD management is changing by the month, and the fact that the latest VP to go only lasted 5 months at MD, speaks volumes that something must be wrong at the top, and LT is a the top.

Maybe she thought she would get the military contracts which she didnt, but Helihub seems to have caught her out about her statement about the MD 2010 sales figures.
Judge's in the states dont make damage awards of $5.74million against her, if she didnt do any wrong! The other firm must be confident going for an extra $32m!

I'm in and out of Staverton on a regular basis, and there are lots of rumours from people on the ground about MD and PAS.
What will happen to PAS if it all goes pete tong at MD, if the mighty LT does decide she's had enough?

I hope there are a lot of 902 spare parts being stockpiled for a few of the UK ambulance charities sake.
From an earlier comment in this thread I noticed that most of the ambuance 902's in the UK are running on borrowed money. Lets hope the various charities have a back up plan (especially if they are running 2 x 902's)
lynx no more is offline  
Old 12th Feb 2011, 09:20
  #193 (permalink)  
 
Join Date: Nov 2010
Location: UK
Posts: 13
Likes: 0
Received 0 Likes on 0 Posts
MDH has not sold any new model MD600N's in the past 3 years .I also read Border Patrol is "storing" their fleet in Tucson ...and Turkey Police are taking MD to court over the deaths of 5 officers in a crash that they blame on faulty parts? The US Government Accountability Office published notice to all departments to stop any new purchases of MD-600N's

Also almost every UK reg airframe that have been re-sold have since crashed or been involved in an accident ....in fact of the total number of aircraft build (80 something airframes build since 1997)...more than 30 have crashed ...some(about 10) were patched up and put back into service or re-sold.. There is 10 airframes for sale at the moment...with the average md600 sitting on the "for sale lot" for 2 years....

The following serial#'s crashed or were in an accident...
1,4,5,8,10,11,12,22,24,26,31,33,35,36,37,40,42,44,45,48,49,5 0,52,54,55,56,57,63.... while US Border Patrol is now storing their fleet in the desert.. If you count all the airframes lost, damaged, in storage or up for sale..over 50% of the MD600n fleet is not flying ;( ... is that normal /average? I know one model does not reflect on the entire range..as the 500 series have been a very good product..but its the overall perception of those that operate a product that counts...




Last edited by EthanW; 12th Feb 2011 at 09:41.
EthanW is offline  
Old 12th Feb 2011, 20:31
  #194 (permalink)  
 
Join Date: Jun 2010
Location: Milano, Italia
Posts: 2,423
Likes: 0
Received 1 Like on 1 Post
.
Hughes Helicopters (1947-1984) was a great company. Every one of their products either filled or created a niche. Their products were by and large reliable and effective and the company demonstrated innovative solutions in their responses to and development of the market.

In 1975, three years after the US Army cancelled the Cheyenne project, Hughes flew their YAH-64A prototype which was to win out over Bell's YAH-63A in the US Army's Advanced Attack Helicopter competition. The YAH-64A was to become the AH-64A Apache and the rest, as they say, is history.

The post-Hughes timeline:

1984 - McDonnell Douglas purchases Hughes Helicopters.

Everything still okay.

1986 - Schweizer acquires all rights to the Hughes 269/300 helicopter from McDonnell Dougals.

Everything still okay but, the company loses a unique asset in that despite Robinson's success, the 300 represented ongoing commercial potential.

1997 - McDonnell Douglas merges with Boeing.

Everything still okay.

1998 - Boeing's intention to sell MDHC's civilian line to Bell Helicopter is thwarted by the US Federal Trade Commission.

Not realised at the time but likely to have been the last chance café for MDHC's civilian line.

1999 - Boeing sells the civilian line of helicopters to MD Helicopter Holdings.

The death knell for MDHC's civilian line.

2005 - MD Helicopter Holdings is purchased by Patriarch Partners.

You may add your own sentence here ...



The 1975 ad by Hughes Helicopters promoting what would become the Apache. A development which would transform Hughes' fortunes - and the future direction of the company.

S.
Savoia is offline  
Old 13th Feb 2011, 09:22
  #195 (permalink)  
 
Join Date: Sep 2006
Location: 'oop North
Posts: 156
Likes: 0
Received 0 Likes on 0 Posts
"Flaxton, you really must take off that blindfold and let the light into your rose-tinted spectacles"

“You have supported MD to the end of the road and beyond..... and have faithfully knocked everyone that suggested all was not rosy in the garden”

PAN, PAN, PAN. There have been people on PPRUNE who have questioned your journalistic integrity in the past, intimating that you post things without too much concern to the actual facts.

Personally, whilst espousing the virtues of the 902 at every possible opportunity, I can't actually remember defending MD as a company at all, never mind to the extent you are claiming.

So now I am going to give you a chance to prove to all these disbelievers what a top journo you really are. Please feel free to go back over all my previous postings (there are only 117 or so, it won’t take long) and show me where I have “supported MD to the end of the road and beyond” and “faithfully knocked everyone that suggested all was not rosy in the garden”

OK fella….you’re centre stage. Show me your “facts”.
Flaxton Flyer is offline  
Old 13th Feb 2011, 10:00
  #196 (permalink)  
 
Join Date: Dec 1999
Location: Waltham Abbey, Essex, UK
Age: 77
Posts: 1,174
Received 8 Likes on 4 Posts
I did actually set off into the 117 but was 'saved' by the first one.... the one that led me to exclaim about blindfolds and specs.....

Is it me or are there a lot of bitter people on this thread? What's the matter kids, didn't LT send you a Xmas card this year? Or are you just intimidated by powerful successful and VERY rich...

I would hate to use that single post by you as a reason for clamping you in irons but it was what I was talking about.

Saved me hours as well!
PANews is offline  
Old 13th Feb 2011, 11:01
  #197 (permalink)  
 
Join Date: Sep 2006
Location: 'oop North
Posts: 156
Likes: 0
Received 0 Likes on 0 Posts
Hmmm... looking at one post out of 117 (or around 0.8547% of all my posts) is your idea of good investigative journalism, eh? I am impressed by your professionalism and thoroughness!! Doubt that your critics will have been appeased though....

If I applied the same amount of diligence to investigating your postings I would probably be thinking "Hmmmm.....blindfolds, LT, clamped in irons.....
I think I'm getting the gist of your fantasies now, fella"

All this LT bashing on your behalf is just a smokescreen isn't it? Come on, ditch Eurocopter's "parts-bin special" 135 and come over to the Dark Side, you'll feel much better for it. Might even get back on the Xmas card list, who knows??

FF

PS You dont have to bother reading my other 116 posts as I obviously did that before I posted - it's called research. Give it a go, you might like it!
Flaxton Flyer is offline  
Old 13th Feb 2011, 11:10
  #198 (permalink)  
 
Join Date: May 2001
Location: Escrick York england
Posts: 1,676
Likes: 0
Received 0 Likes on 0 Posts
sorry pa i agree with flax
Is it me or are there a lot of bitter people on this thread? What's the matter kids, didn't LT send you a Xmas card this year? Or are you just intimidated by powerful successful and VERY rich...
from reading some of the later posts on here i do wonder what md has done to lynx and wright because they are so bitter and he or them need to chill out
i am the first to agree there has been problems at the ranch at mesa for a while but from a customer point of view LT did make a huge difference
and the company is still trading


also i am getting older and like mutton i dont get any chance with lambs these days LOL
md 600 driver is offline  
Old 13th Feb 2011, 11:23
  #199 (permalink)  
 
Join Date: Nov 2010
Location: Sussex but could be moving!
Posts: 71
Likes: 0
Received 0 Likes on 0 Posts
Savoia couldnt have put it better.

Savoia, well said, I couldnt have put it better.

I dont think PAN has an axe to grind with MD, I must say his articles are very good and informative. I bet everyone in the UK rotary world logs on to his monthly page to see whats going on.

This MD debaucle started with the RDM fella who still owns PAS, and we NOW know what he's been upto in the past dont we! I wonder if he pays taxes on his UK PAS earnings with being a non resident of the Dutch now?

The mighty LT (who in her own words, "is tied to no company") thought she was in the running for the big money miltary contract, which is the only reason she bought the reminants of what was once major player in the US avaition world.

Howard Hughes must be turning in his grave.

PAN you should give Savoia a job as his/her article, I couldnt have put it better on the history of MD.
lynx no more is offline  
Old 13th Feb 2011, 12:00
  #200 (permalink)  
 
Join Date: Dec 1999
Location: Waltham Abbey, Essex, UK
Age: 77
Posts: 1,174
Received 8 Likes on 4 Posts
I am a bit slow on this... two more posts before I got back! If only the National Police Aviation Service were still causing so much scribbling!

I did read the 116 I missed after I replied [that I guess is retro investigation!] and they do show your flavour of preference... you know a little to much about the MD product to be a person without a preference. Same goes for MD600 ..... it would be a strange handle for a Sikorsky man.

And you know what?

That is OK by me. We are all brought up with preferences and we all do our best to suppress them when we think we ought to. Same goes for me I guess at times. With your chosen 'handle' I guess we might be near neighbours by birth and that is always a recipe for friction. You know Yorkshiremen are ALWAYS right and two rights rarely make a........ So any little digs just blow away in the breeze!

And dear old LT is no angel in this.

I have seen her try, quite successfully, in a very public forum to destroy a man. OK he made a mistake in his writings, got too much of an Enid Blighton flavour in his reporting of an event which she diligently recorded...... but the venom showed she expects and gives no quarter.

Sweet as a pussy cat when she wants to be but there are lots of broken people [mainly men] along the way. I suspect that if I had really spoken out of turn I might have joined them by now.
PANews is offline  


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.