MD - All Not Good in Mesa
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MD - All Not Good in Mesa
Heard from a little birdie that on Friday all contract and about 30 production staff were laid off.
Also heard that she who can do no wrong is now in talks with Boeing about them buying back the company.
I really hope that happens as they would know how to put that company back to how it was in the old days when it actually meant something to own a Hughes/MD product.
Ned
Also heard that she who can do no wrong is now in talks with Boeing about them buying back the company.
I really hope that happens as they would know how to put that company back to how it was in the old days when it actually meant something to own a Hughes/MD product.
Ned
Tilton may not be to everyone's taste, but make no mistake, she saved MD Helicopters, and she did it to save US jobs and a US brand.
And in doing so, she's worked damned hard to reinstate proper customer support and quality control.
Taking pleasure in MD Helicopters' misfortunes smacks of something small minded and quite unpleasant, IMHO.
As to 'the good old days', did you own a 500 back in 1999, which was the last time that MD was owned by Boeing?
And if Boeing were so blooming committed to the civil helicopter business, why did they plan to sell it to Bell from the very moment that they merged with McDD?
And in doing so, she's worked damned hard to reinstate proper customer support and quality control.
Taking pleasure in MD Helicopters' misfortunes smacks of something small minded and quite unpleasant, IMHO.
As to 'the good old days', did you own a 500 back in 1999, which was the last time that MD was owned by Boeing?
And if Boeing were so blooming committed to the civil helicopter business, why did they plan to sell it to Bell from the very moment that they merged with McDD?
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and she did it to save US jobs and a US brand.
And in doing so, she's worked damned hard to reinstate proper customer support and quality control.
And for your info I have been one of MD strongest supporters over the years and in fact we were the first ones to support Tiltons plans to "save" MD, but there is only so much crap you can listen to from the halls of Mesa. You believe all her press releases if you want, I know she does, and we will listen to the feedback from the operators.
Ned
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Jackonicko,
Couple of other bits of info for you.
wrong - it may have been based in the US of A, but it was owned by Joop who happened to be a Dutchman living in the Netherlands.
- actually its sad to see the company in stress but its nice to see the crap Tilton has spouted come back to bite her. All this talk about "I will be there til the end" is laughable, especially when she is now in talks to sell it to Boeing.
Actually Boeing never wanted the civil side of it and they said so at the start so why be surprised that they want to sell it off. Do they want the civil side now, my guess is NO, but they want it because of the potential for the unmanned little birds that the Army wants. This way they have control over when they get the aircraft they need if they win the contract, which I am sure they will.
Boeing is not a stupid company and they will keep the civil side going if there are orders for the products, if there isnt then they will probably shut it down or sell it off and I was even corresponding with one individual who could be a possible buyer today so there is more than just Boeing interested.
Ned
Couple of other bits of info for you.
a US brand.
Taking pleasure in MD Helicopters' misfortunes smacks of something small minded and quite unpleasant, IMHO.
And if Boeing were so blooming committed to the civil helicopter business, why did they plan to sell it to Bell from the very moment that they merged with McDD?
Boeing is not a stupid company and they will keep the civil side going if there are orders for the products, if there isnt then they will probably shut it down or sell it off and I was even corresponding with one individual who could be a possible buyer today so there is more than just Boeing interested.
Ned
There is no quality control at MD. The machine with 80 defects was a joke, I have pix if anyone is interested !
One of my current customers who has a new machine ( not yet flown it, although it has been in UK for a couple of months ), well it is siting in a hangar as it cant be flown in Europe. The reason no one bothered to certify the Meeker door pins that are now fitted as standard. MD only had a year to sort this out, could they be bothered - no. Fuchs in Switzerland have the same problem with their new machine. Perhaps you could argue that it was Meekers problem, but MD are fitting the pins. Now when you look at the oil cooler assy fitted to the newmachine ( lifed items bearings and belt) we found the following.
The assy had 44.2 hours on it when fitted and had been on 7 different machines. Makes you wonder what else gets missed, to be fair MD said they had got this wrong
and sent ovcer new bits
The upshot of these 2 machines have been 3 of my customers voting with their feet and buying an EC120 a 350 and the 3rd a44 in the past 9 months.
Now dont get me wrong they are great helicopters and I had hoped that Tilton woud have put some sensible management in. Obviously not which is a shame but there we go.
Rant over I have got to go and invoice my customer for the use of one of my 500's as his new one cant be flown, suppose there is a silver lining to every cloud !!!
One of my current customers who has a new machine ( not yet flown it, although it has been in UK for a couple of months ), well it is siting in a hangar as it cant be flown in Europe. The reason no one bothered to certify the Meeker door pins that are now fitted as standard. MD only had a year to sort this out, could they be bothered - no. Fuchs in Switzerland have the same problem with their new machine. Perhaps you could argue that it was Meekers problem, but MD are fitting the pins. Now when you look at the oil cooler assy fitted to the newmachine ( lifed items bearings and belt) we found the following.
The assy had 44.2 hours on it when fitted and had been on 7 different machines. Makes you wonder what else gets missed, to be fair MD said they had got this wrong
and sent ovcer new bitsThe upshot of these 2 machines have been 3 of my customers voting with their feet and buying an EC120 a 350 and the 3rd a44 in the past 9 months.
Now dont get me wrong they are great helicopters and I had hoped that Tilton woud have put some sensible management in. Obviously not which is a shame but there we go.
Rant over I have got to go and invoice my customer for the use of one of my 500's as his new one cant be flown, suppose there is a silver lining to every cloud !!!
"Verily and I saith unto you I AM the Saviour of the American Helicopter Industry ,even though I strutteth in high heels and pronounceth that all who argue are heathens to be cast into my cauldron.
Yeah the great Bankers shall be cast from my bosom and smothered ,along with the management and the US government that have let me..and the great American worker..down again.
Yet we SHALL arise from the ashes ,even as those who despise us cackle and laugh with hands over mouths ,for I am the great El Tee and all shall tremble before me ..even as does my bosom when I stand before thee.
And they who will not,shall I smite with all my force ..or at least the nearest tail rotor blade I can lay hands on ."
Yeah the great Bankers shall be cast from my bosom and smothered ,along with the management and the US government that have let me..and the great American worker..down again.
Yet we SHALL arise from the ashes ,even as those who despise us cackle and laugh with hands over mouths ,for I am the great El Tee and all shall tremble before me ..even as does my bosom when I stand before thee.
And they who will not,shall I smite with all my force ..or at least the nearest tail rotor blade I can lay hands on ."
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While the plural of anecdote is not data, we took delivery of a 530F last August, and it has been squawk free since we left Mesa. We had a few small issues coming out of completion in Texas, that we noted on the flight to AZ, and the factory folks resolved those before we left for Alaska. All in all, a great delivery experience.
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md troubles
hughes/ md /boeing etc great machines ive owned many but all the past owners have been crap at spares back up etc and that includes hughes great fun though when there flying helispeed iii
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Boeing currently has the rights to produce Little Birds for military use. This right was part of the settlement agreement between MD and Boeing from the carry back financing. Boeing does not need MD to use the intellectual property.
When MD was in trouble last time, the expectation was that it would run through a bankruptcy to clean up the balance sheet and supplier relationships. Out of this bankruptcy would be a 363 sale with many bidders to include Carlyle group, Sikorsky and several others. Ms. Tilton, chose to skip the bankruptcy and took on the entire financial responsibility most likely to mitigate the risk of not getting the assets in a Bankruptcy auction. Give her credit for taking the gamble, but it would appear that after stuffing a lot of money into the operations, it has not been able to flourish enough to support the capital structure.
Although they have delivered a few ships, it is unlikely that the market will continue to support pricing of 1.585 million for F models and 1.250 million for E models. I sold mine in April 2008 and hope to buy back at much lower prices.
When MD was in trouble last time, the expectation was that it would run through a bankruptcy to clean up the balance sheet and supplier relationships. Out of this bankruptcy would be a 363 sale with many bidders to include Carlyle group, Sikorsky and several others. Ms. Tilton, chose to skip the bankruptcy and took on the entire financial responsibility most likely to mitigate the risk of not getting the assets in a Bankruptcy auction. Give her credit for taking the gamble, but it would appear that after stuffing a lot of money into the operations, it has not been able to flourish enough to support the capital structure.
Although they have delivered a few ships, it is unlikely that the market will continue to support pricing of 1.585 million for F models and 1.250 million for E models. I sold mine in April 2008 and hope to buy back at much lower prices.
Gatvol
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I have always been a fan of the 500 series, great machines. I dont care who does it, but would not like to see them go away. Not so much of a fan of the ones with big dick on the back end. Some love those, some dont. I do remember one good friend who breathed a sigh of relief when he went with Boeing rather than hanging on to the dead horse.
P.S. If you get into it with Ned, be prepared, hes not going to sugarcoat his opinions.........ha ha
As to George in Homer. I am envious of two things.
1. Homer
2. 530(F)
P.S. If you get into it with Ned, be prepared, hes not going to sugarcoat his opinions.........ha ha
As to George in Homer. I am envious of two things.
1. Homer
2. 530(F)
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LT is in the private equity business. Like all of the operators in that business, her modus operandi is to turn around a company in a 2-5 year timescale and sell it on at a profit. PE companies do not care if they make enemies along the way. To suggest LT is saving US jobs is a joke when we know she instigated the subcontracting of much work to Mexico - to reduce costs, increase profit, and ultimately boost company value ready for onward sale.
diethelm
This is what we have received recently......
"price for the MD Explorer for 2010, including IFR, airco, dual controls, rotor brake, Engine inlet filters, aux fuel tank, is US$6,142,500."
"price for 2010, 500E with C20R, including the Garmin avionic suite is US$1,787,000."
Although they have delivered a few ships, it is unlikely that the market will continue to support pricing of 1.585 million for F models and 1.250 million for E models. I sold mine in April 2008 and hope to buy back at much lower prices.
"price for the MD Explorer for 2010, including IFR, airco, dual controls, rotor brake, Engine inlet filters, aux fuel tank, is US$6,142,500."
"price for 2010, 500E with C20R, including the Garmin avionic suite is US$1,787,000."
Gatvol
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Nothing wrong with Bell, I grew up in them. This is about MD and the drain it has been heading down for so long........
Lets see...The Sultan?? Arlington, Tx... Can we guess you have a Dog in this Hunt?
Lets see...The Sultan?? Arlington, Tx... Can we guess you have a Dog in this Hunt?
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to all, we are working hard on getting our door kit approved by easa. it has been a struggle as we have to work backwards on an old stc. hence the data package has to be re-written to suit easa. re-working an old 1999 era existing stc is more difficult than making a new one, something we have never had to do.
fortunately we have had great support on both sides of the pond from faa and easa, but as anyone who has an faa or easa stc and submits for recognition by another aviation authority, its a challenge
thanks
cal
fortunately we have had great support on both sides of the pond from faa and easa, but as anyone who has an faa or easa stc and submits for recognition by another aviation authority, its a challenge
thanks
cal