Airbus Helicopters Inc. (AHI) announced that Government Capital Corp. will provide tax-exempt financing for mission equipment technology upgrades and required major maintenance for law enforcement and government-owned AS350-series helicopters. Government Capital, based in Southlake, Texas, has extensive experience providing financing to public agencies.
 
In addition, Precision Aviation Services, of Peachtree City, Ga., AHI’s newest service center, will work with Government Capital and public agencies to provide aircraft systems and avionics upgrades, conduct AS350 12-year airframe inspections and install new mission equipment to enhance the performance of the older helicopters in use with public agencies.

“Many of our law enforcement customers continue to operate their aircraft beyond 10 years, and we wanted to identify a new way for public agencies to pay for important mission equipment upgrades without breaking the budget,” said Ed Van Winkle, AHI Sales Manager for Airborne Law Enforcement. “This innovative program will revolutionize how law enforcement agencies pay for major aircraft upgrades and inspections.”
 
“This new financing program allows a law enforcement agency the simplicity of bundling their needs into one tax-exempt financing agreement,” said DC Greer, Vice President of Government Capital. “This allows the agency to spread payments over a period of time, creating affordability and maintaining the critical services performed by the agency.”
 
Airbus Helicopters’ AS350-series is the most widely used helicopter by U.S. law enforcement agencies with more than 220 in use across the country. Built and certified by Airbus Helicopters Inc. in Columbus, Miss., this cost-effective helicopter offers modern safety features, high cruise speed and range, and the ability to conduct a wide range of missions. AHI leads the U.S. market in sales of new helicopters to federal, state and local law enforcement agencies, maintaining a 56 percent market share over the last decade.