Anyone with a passing interest in the large oil and gas helicopter operator market would not have been surprised that PHI has filed for Chapter 11. Primarily, PHI had been expected to file due to $500 million worth of senior notes...
PHI has filed for Chapter 11 in the US Bankruptcy Court for the Northern District of Texas just as its $500 million worth of unsecured notes were due to mature. The operator filing for Chapter 11 due to pressures surrounding its $500...
One of PHI’s largest shareholders Timothy Stabosz has penned an open letter to the helicopter operator asking it to address and rebut recent coverage of the operator’s financial standing. The article published on Debtwire...
Many people might find it hard to feel sympathy for bankers. Especially after 2008. But as the credit crunch shows, no industry can survive without debt. The helicopter industry is about to discover this....
Canadian charter company HeliJet has signed a procurement and delivery agreement for six new Sikorsky S76C++ helicopters with PHI Inc. HeliJet signed the letter of intent with PHI to source and prepare the six...
HNZ Group subsidiary Canadian Helicopters has received an $8 million loan from investment firm Crown Capital Partners. The term loan closed on 29 December – the same day as the acquisition of HNZ. It...
HNZ has now officially been acquired by by its CEO Don Wall and Louisiana operator PHI, Inc. As a result, HNZ shares will be voluntarily delisted from the Toronto Stock Exchange. Former HNZ shareholders...
HNZ Group is proposing to sell all of its outstanding shares to Don Wall, its president and CEO, for $188.8 million. Louisana-based operator PHI would buy HNZ’s Pacific offshore business from Wall as part...
HNZ Group has partnered with PHI Inc to supply four S-92s to INPEX, Japan’s largest oil and gas exploration and production company. The PHI aircraft will provide offshore transportation services for INPEX’s Ichthys Project,...
US-based helicopter manufacturer Sikorsky is celebrating 10 years since it delivered the first S-92 helicopter to PHI, Inc., a helicopter operator based in Lafayette, Louisiana. Carey Bond, president of Sikorsky Commercial Systems & Services,...
Oil-and-gas helicopter operator Bristow Group has managed […]
Belgium helicopter operator NHV Group has named […]
DART Aerospace, an aftermarket parts provider operating […]
East-African operator Everett Aviation has signed a […]
PHI has filed for Chapter 11 in the […]
At Revolution.Aero Europe 2019, in London, the […]
Autonomous eVTOL manufacturer Astro Aerospace has been […]
HAI Heli-Expo, Atlanta, GA:- Aero Asset, the […]
Lockheed-owned helicopter company Sikorsky has unveiled two […]
Airbus Helicopters has signed an agreement with […]