8-Jun-2010 Source: MD Helicopters
MD Helicopters, Inc (MDHI) is pleased to announce that INDES Aviation has joined MDHI as an authorized Sales Representative for Romania and Bulgaria.Â INDES Aviation will offer the full line of MD Helicopters and customization options.
INDES Aviation is a maintenance management and logistics support company serving the civil and military aerospace sectors. Utilizing regional knowledge and mechanical engineering experience, INDES Aviation brings a background of excellence and reliability to servicing the needs of the aerospace industry.
INDES Aviation is best known for aircraft maintenance and repair, and the procurement and supply of spare parts necessary to service various aircraft, both rotary and fixed wing. For more information about INDES Aviation visit:Â http://www.indesaviation.com
Lynn Tilton, Chief Executive Officer, MD Helicopters, Inc. said, â€œWe see great potential in the Central and Eastern European market and this new alliance with INDES Aviation represents an important strategic step towards consolidating the MD presence in this region.Â We conducted a comprehensive search for a sales partner in Central and Eastern Europe, and are pleased to have found the right company in INDES Aviation.â€
Calin Huma, Managing Director of INDES Aviation added, â€œThis agreement marks the first step in what promises to be a strong and enduring relationship between our companies.Â Romania and Bulgaria are important markets in their own right, and success here can also open the door to many neighboring countries. INDES Aviation is delighted to represent MD Helicopters, and be able to provide a full after-sales MRO service for rotary wing aircraft in the CEE region.â€
MD Helicoptersâ€™ products are widely known for their ability to serve a wide variety of rotorcraft market segments.Â MDâ€™s class-leading helicopters offer responsive agility, versatility, safety, performance and economic value. Operators worldwide turn to MD Helicopters for the advantage of high performance rotorcraft backed by a company with a passion for service.
About MD Helicopters, Inc.
MD Helicopters, Inc., is a leading manufacturer of commercial and military helicopters.Â The MDHI family of rotorcraft is world renowned for its value, versatility and performance.Â The MD Helicopters family includes the twin-engine MD ExplorerÂ®, and single engine versions of the MD 600NÂ®, MD 520NÂ®, MD 500EÂ® and MD 530FÂ®. The NOTARÂ® system for anti-torque control is used exclusively by MD Helicopters. The Company is based in Mesa, Ariz.Â For more information about MDHI visit http://www.mdhelicopters.com .
About Patriarch Partners LLC
The Patriarch platform is a vertically integrated private equity firm with robust in-house operational turnaround expertise. Patriarch Partners, founded in 2000, was built upon a proprietary patented financial model designed to manage and monetize the distressed portfolios of financial institutions. Patriarch has since evolved into a global investment firm that concentrates on direct investments in distressed businesses with a focus to rebuild them, managing funds with over $7 billion of equity and secured loan assets with equity investments in more than 70 companies, and controlling interests in approximately two-thirds of these.Â For more information, please visit http://www.patriarchpartners.com.