Rotor market attracts Bank of America bucks
World banking giant Bank of America (Booth No.

World banking giant Bank of America (Booth No. 700), a long-time player in fixed-wing financing, announced yesterday its entrance into the rotorcraft market. Although the bank has financed helicopters on an individual basis in the past, this marks the company’s first attempt at luring a broad spectrum of new clients.

In an attempt to enter the market in full swing, the company recently hired Chuck McGuire, a 30-year veteran of rotorcraft financing, who has worked for Bell Helicopter and Textron’s Aerospace Financing Division. “Bank of America’s focus and attention to the industry attracted me,” said McGuire. “It’s not just the color of the money, it’s the color of the service.”

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