This website uses cookies
More information
Business Air News
Business Air News
The monthly news publication for aviation professionals.
See more information from the Business Air News Handbook...

Schweizer RSG
Aircraft

Schweizer 333

BAN's World Gazetteer

Texas
The monthly news publication for aviation professionals.

Request your printed copy

Read our latest feature:   Show issue: MEBAA
Schweizer secures credit to finance production
An asset-based $20 million credit facility will enable Schweizer to execute on the next phase of its growth strategy. Since the first model's inception, approximately 4,000 helicopters have been sold.
President and CEO David Horton.

Helicopter manufacturer and aviation industry parts supplier Schweizer RSG has secured a $20 million credit facility through US-based commercial finance and advisory firm BizCap. The new ABL credit facility will be used to finance production, enabling Schweizer to meet the increased demand for its helicopters, repair services and spare parts.

“We're thrilled with the work BizCap conducted to secure this new debt facility for our growing company,” says president and CEO David Horton. “The team at BizCap leveraged its market knowledge and expertise to deliver a solution that will enable us to execute on the next phase of our growth strategy.”

Based in Fort Worth, Texas, Schweizer was founded in 2017 to continue manufacturing its brand of helicopters, including the S333 light turbine, and its spare parts. The brand has a rich history of product success and customer loyalty dating back to 1956 and the first Hughes 269, the helicopter model that would later become a Schweizer. Since the first model's inception, approximately 4,000 helicopters have been sold, with a strong global demand for continued maintenance and spare parts, both of which are provided by Schweizer in addition to new aircraft sales and overhauls.

“The management team at Schweizer was a pleasure to work with,” says BizCap president and CEO Chuck Doyle. “Once we developed a deep understanding of its business and its strategic advantages in the aviation industry, we knew we could secure a financing solution to support its growth.”

Other News
 
Aircraft resale gains 4Air sustainability focus
November 29, 2022
IADA welcomes Boeing into membership
November 21, 2022
Sales volume is thriving despite global tensions, says IADA
October 21, 2022
Stability in Europe and Asia are wildcards for the future, however used aircraft sales were strong in the third quarter and the fourth quarter outlook is encouraging according to IADA members.
VerdeGo sets out stall for $12m Series A funding
August 16, 2022
A major focus of the Series A financing is growth of VerdeGo's technical and commercial teams, with emphasis on electrical engineering, power electronics and systems integration.