PHI wins Woodside S92 contractnews Alasdair Whyte 25 Feb 22 0Woodside, Australia’s largest natural gas producer, has awarded PHI International a three Sikorsky S92 contract. The contract starts in 2023 and will run for between… Read more
Shell selects Airbus H160 for operation by PHI in Gulf of Mexiconews Terry Spruce 15 Feb 21 0Marignane, 15 February 2021 – International energy group Shell has selected leading US offshore helicopter operator PHI to operate four Airbus H160s to service a… Read more
James Maner named Chief Pilot for PHI Americasnews Terry Spruce 19 Nov 20 0Wednesday, 18 November 2020 – PHI Americas has named James Maner as its Chief Pilot, PHI Americas, effective November 16, 2020. Maner’s appointment builds on… Read more
PHI Group’s CEO steps downnews Alasdair Whyte 27 Nov 19 0After serving company for close to 20 years, PHI Group’s President and CEO Lance Bospflug has stepped down from the board following the helicopter-services operator’s… Read more
Comment: Do Bristow and PHI’s woes herald years of uncertainty for O&G operators?insight Alasdair Whyte 24 Apr 19 0Chess is arguably overused as a metaphor for business strategy, but actually is quite apt for the difficulties oil-and-gas helicopter operators find themselves facing in… Read more
PHI delisted from Nasdaq following Chapter 11news Alasdair Whyte 25 Mar 19 0Oil-and-gas helicopter operator PHI Helicopters has been delisted by the Nasdaq stock exchange after the firm filed for Chapter 11 on 14 March. PHI states… Read more
Analysis: PHI files for Chapter 11 – what have we learnt? insight Alasdair Whyte 18 Mar 19 0Anyone 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… Read more
PHI files for Chapter 11 as pressure from $500m note maturing hitsnews Alasdair Whyte 15 Mar 19 0PHI 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… Read more
Key shareholder calls PHI’s silence “troubling”, PHI responds.news Alasdair Whyte 27 Feb 19 0One 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… Read more
Credit freeze hits helicopter marketinsight Alasdair Whyte 9 Sep 18 0Many people might find it hard to feel sympathy for bankers. Especially after 2008. But as the credit crunch shows, no industry can survive without… Read more
HeliJet signs six S76C++ procurement deal with PHInews Alasdair Whyte 12 Jan 18 0Canadian charter company HeliJet has signed a procurement and delivery agreement for six new Sikorsky S76C++ helicopters with PHI Inc. HeliJet signed the letter of… Read more
Canadian Helicopters gets $8 million term loannews Alasdair Whyte 4 Jan 18 0HNZ Group subsidiary Canadian Helicopters has received an $8 million loan from investment firm Crown Capital Partners. The term loan closed on 29 December –… Read more
HNZ acquisition completednews Alasdair Whyte 3 Jan 18 0HNZ has now officially been acquired by by its CEO Don Wall and Louisiana operator PHI, Inc. As a result, HNZ shares will be voluntarily… Read more
HNZ Group agrees to be acquired by CEO and sell offshore operations to PHInews Alasdair Whyte 2 Nov 17 0HNZ 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… Read more
HNZ Group and PHI supply four S-92s to INPEXnews Alasdair Whyte 7 Feb 17 0HNZ 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… Read more
Sikorsky celebrates 10th anniversary of first S-92 deliverynews Terry Spruce 29 Sep 14 0US-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.… Read more
