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| Founded | 1949 | ||||||
|---|---|---|---|---|---|---|---|
| Fleet size | 259 | ||||||
| Traded as | Nasdaq: PHIIK (non-voting) Russell 2000 Index component | ||||||
| Headquarters | Lafayette, Louisiana | ||||||
| Key people | James Hinch CAO[1] | ||||||
| Website | www | ||||||
Petroleum Helicopters International, Inc. (PHI), is an American commercial helicopter operator, founded in 1949, by Robert L. Suggs.[2] The company is based in Lafayette, Louisiana and provides service for the oil and gas industry, aeromedical services, pilot training and aircraft maintenance.[3][4]
In October 2017, PHI acquired Helicopters (NZ) from HNZ Group.[5]
On March 15, 2019, the company filed for Chapter 11 bankruptcy.[6]
On June 5, 2019, court-supervised arbitration announced an agreement to force the retirement of CEO Al Gonsoulin and strip him of his shares.[7]
- ^ "Home – PHI Aviation LLC". Phihelico.com. Retrieved 2022-03-19.
- ^ "1998 Industry Pioneers". Archived from the original on September 24, 2015. Retrieved April 23, 2015.
- ^ International Directory of Company Histories, Vol. 35. St. James Press, 2001 ISBN 9781558624436.
- ^ Goold, Ian (May 1987). "Helicopters over a barrel". Flight International: 26.
- ^ "PHI acquires HNZ's offshore business in Pacific". 2017-10-31. Retrieved 2020-06-22.
- ^ "PHI Inc. – Helicopter Services Provider Files For Bankruptcy With Equityholders' Fate In Limbo". Seeking Alpha. 15 March 2019. Retrieved April 4, 2019.
- ^ "Creditors Oust Helicopter Company's CEO in Bankruptcy Coup". Bloomberg. 5 June 2019. Retrieved June 5, 2019.