MD Helicopters reports $1.24 million profit for May

By Sarah Lizee

Olympia, Wash., July 8 – MD Helicopters, Inc. reported a $1.24 million profit for May on $9.66 million of gross income/sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The company listed a $23.07 million cash balance at the end of the month.

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

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