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Founded | 1949 | ||||||
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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]