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vantagefeed.com > Blog > Business > The fatal NYC Crush helicopter company that killed executives and his entire family recently emerged from bankruptcy and has already faced a $1.4 million lawsuit
The fatal NYC Crush helicopter company that killed executives and his entire family recently emerged from bankruptcy and has already faced a .4 million lawsuit
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The fatal NYC Crush helicopter company that killed executives and his entire family recently emerged from bankruptcy and has already faced a $1.4 million lawsuit

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Last updated: April 11, 2025 11:44 pm
Vantage Feed Published April 11, 2025
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New York helicopters have been robbing the sky around New York City landmarks for decades. However, before one of the tourist choppers the company had some difficultiesIt fell sharply into the Hudson Riverthis week,I’ll kill all sixBoarding the boat.

There wasClosed in 2013another helicopter suddenly lost power in the air and when the pilot piloted it to safely land on Hudson’s Pontoon.

And over the past eight years, the company has gone bankrupt and faces ongoing lawsuits over alleged debt.

In January this year, it was sued by the company for more than $1.4 million for halting Chopper’s lease payments.

Cash Advanced LendersI was sued in Februarysaid the company blocked repayments on a loan a week ago, owing more than $83,000. New York helicopters have not yet submitted responses in either case.

My mobile phone was not answered at my office on Friday. A message for comment was left at the owner Michael Ross’s home. There, the person who answered the call Thursday night told The Associated Press that Ross had not commented. He hadI told the New York PostHe was confused and devastated by the conflict.

“This is horrifying,” the newspaper quoted Ross as saying. “But you need to remember something. These are machines and they break.”

Founded in the 1990s, Roth’s Business is known by names such as New York Helicopter Charter and New York Helicopter Tour LLC, providing tourists with bird’s-eye views of the Statue of Liberty, Central Park and Manhattan skyline. One of the few companies that allow you to fly near major New York City landmarks also offers charter flights such as shuttles to the airport and executives.

The airspace around Manhattan is busy, tricky, and sometimes fatal.More than 30 people have diedTours and other helicopters crashed in New York City over the past half century. Just a few weeks ago,$90 million settlementIt concluded an illegal death lawsuit filed by relatives of one of five passengers killed in a 2018 tourism helicopter crash run by another company.

Mayor Eric Adams said in a television interview Friday that tens of thousands of flights are safely operated annually from the helipad under Manhattan, where Thursday’s tour began. He was asked if he had any specific concerns about the New York helicopter, but he said investigators were looking into what happened.

The Democratic mayor told Fox 5/WNYW-TV he would not try to stop such flights. “Air travel is important for this city.”

The New York helicopter website claims “an industry-leading safety record,” but it wasn’t entirely without dings.The National Transportation Safety Board was caused by a power outage in 2013Partly due to “improper maintenance decisions” regarding hydraulic issues.

Two years later, a helicopter in New YorkCraft has become a spinIt lands violently with only the pilot, hovering low from the helipad, but safely landing. At that time, the NTSB denounced the unknown who was portrayed in the bad parts on the chopper that New York helicopter had recently leased from someone who had just bought it. The new owner advised that the portion had arrived with fresh paint.

New York helicopters struck financially after New York CityHalf Tour Helicopter Traffic for 2017according to the filing of the 2019 bankruptcy case.

The flights were cut, but revenues fell from $4.5 million in 2017 to $3.9 million in 2018, as landing fees rose, according to bankruptcy documents. A New York helicopter said it had cut staff from 30 employees to 13.

By 2019, we listed $6 million in assets and $1.6 million in liabilities.

The business was born out of bankruptcy in 2022, but it was clearly continuing to face financial headwinds.

Last June, the companyHe filed a lawsuitIt was obtained from another Cash Advanced lender for what is known as the “ruthless” terms of the 2018 loan. The helicopter company dropped the incident this month. It is unclear from court records whether there was a financial or other settlement.

The message was sent to an attorney representing the company.

This story was originally featured on Fortune.com.

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TAGGED:bankruptcycompanyCrushemergedEntireexecutivesFacedfamilyfatalhelicopterkilledlawsuitMillionNYC
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