Enstrom Helicopter Corporation, after declaring Chapter 7 bankruptcy, has been purchased by Chuck Surack, founder of Surack Enterprises and Sweetwater Sound.
Surack's goal is to rebuild the Enstrom brand, restoring it as a leading American helicopter manufacturer.
The acquisition brings stability to Enstrom, integrating it into Surack's existing aviation portfolio which includes flight training, charter, and aviation insurance businesses.
Immediate priorities for the new ownership include supporting existing owner-pilots with parts and developing updated helicopter models.
Chuck Surack, the founder of Indiana-based Surack Enterprises, has purchased Enstrom to rebuild the Enstrom brand, or as Surack Enterprises describes it, “one of the leading American-made helicopter manufacturers as it once was.”
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Michael Wildes holds a master’s degree in Logistics & Supply Chain Management, and a bachelor’s degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked at the university’s flight department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.