Commentary on the world's most admired professions by firefighter and filmmaker, Lou Angeli.
Sunday, May 05, 2013
Local Bank Purchases Ontario EMS Choppers
by Lou Angeli
WILMINGTON, DE (May 3, 2013) -- Delaware's Wilmington Trust Company has purchased 2 never-used AW139 Helicopters from Ontario's Medevac provider ORNGE for a cool $10 million per ship. In fact, the 2 choppers (like me) never made it across the Canadian border and were stored at the AgustaWestland's facility in North Philadelphia for over 2 years.
Wilmington Trust holds the note on Ornge's fleet of 12 AW helicopters, and some say the term "purchase" should read "repossessed" considering the medevac provider was given a year to sell the choppers but were unable to do so. In fact, the 2 surplus AW139's were never outfitted for EMS use and were fitted as corporate aircraft.
Read the backstory and learn how ORNGE came very close to being grounded.
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