New York City’s decision to muffle the buzz of helicopters in its airspace has pushed at least one rent-a-chopper business into bankruptcy.
New York Helicopter Charter Inc. filed for Chapter 11 protection Friday after running short on cash, Chief Executive Officer Michael Roth said in a court declaration. The company’s financial woes started in 2017, Roth said, when New York City moved to cut helicopter takeoffs and landings in Manhattan.