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Published on 12/22/2022 in the Prospect News Distressed Debt Daily.

MD Helicopters reports $2.77 million cash balance at end of November

Chicago, Dec. 22 – MD Helicopters, Inc. ended November with $2.77 million of cash after starting the month with $2.72 million, according to a monthly operating reported filed with the U.S. Bankruptcy Court for the District of Delaware.

The company had no income or sales and no corresponding profit or loss.

The Mesa, Ariz.-based helicopter manufacturer filed Chapter 11 bankruptcy on March 30, 2022 under case number 22-10263.


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